IBEX Limited (NASDAQ:IBEX – Get Free Report) Director Mohammedulla Khaishgi sold 4,626 shares of the company’s stock in a transaction on Monday, January 27th. The stock was sold at an average price of $22.50, for a total transaction of $104,085.00. Following the transaction, the director now owns 216,718 shares of the company’s stock, valued at approximately $4,876,155. The trade was a 2.09 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link.
Mohammedulla Khaishgi also recently made the following trade(s):
- On Friday, January 24th, Mohammedulla Khaishgi sold 400 shares of IBEX stock. The stock was sold at an average price of $22.50, for a total transaction of $9,000.00.
- On Tuesday, January 21st, Mohammedulla Khaishgi sold 814 shares of IBEX stock. The shares were sold at an average price of $22.50, for a total value of $18,315.00.
- On Tuesday, November 19th, Mohammedulla Khaishgi sold 1,129 shares of IBEX stock. The shares were sold at an average price of $20.00, for a total value of $22,580.00.
IBEX Stock Performance
IBEX stock opened at $22.15 on Tuesday. The firm has a market capitalization of $371.23 million, a price-to-earnings ratio of 11.72 and a beta of 0.78. IBEX Limited has a fifty-two week low of $13.00 and a fifty-two week high of $22.53. The stock’s fifty day moving average is $20.91 and its two-hundred day moving average is $18.99.
Analyst Ratings Changes
Separately, Robert W. Baird increased their price objective on IBEX from $23.00 to $26.00 and gave the stock an “outperform” rating in a research report on Friday, November 8th. Two analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, IBEX currently has an average rating of “Moderate Buy” and an average price target of $21.25.
Read Our Latest Analysis on IBEX
Institutional Investors Weigh In On IBEX
A number of large investors have recently bought and sold shares of IBEX. FMR LLC raised its holdings in shares of IBEX by 314.5% in the third quarter. FMR LLC now owns 2,139 shares of the company’s stock worth $43,000 after acquiring an additional 1,623 shares during the last quarter. R Squared Ltd acquired a new position in IBEX in the 4th quarter valued at about $48,000. Public Employees Retirement System of Ohio purchased a new position in IBEX in the 3rd quarter valued at about $68,000. SG Americas Securities LLC acquired a new stake in shares of IBEX during the 4th quarter worth about $116,000. Finally, Meeder Asset Management Inc. boosted its stake in shares of IBEX by 359.2% during the 3rd quarter. Meeder Asset Management Inc. now owns 10,781 shares of the company’s stock worth $215,000 after purchasing an additional 8,433 shares during the last quarter. Institutional investors and hedge funds own 81.24% of the company’s stock.
IBEX Company Profile
IBEX Limited provides end-to-end technology-enabled customer lifecycle experience solutions in the United States and internationally. The company products and services portfolio includes ibex Connect, that offers customer service, technical support, revenue generation, and other revenue generation outsourced back-office services through the CX model, which integrates voice, email, chat, SMS, social media, and other communication applications; ibex Digital, a customer acquisition solution that comprises digital marketing, e-commerce technology, and platform solutions; and ibex CX, a customer experience solution, which provides a suite of proprietary software tools to measure, monitor, and manage its clients' customer experience.
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