IBEX (NASDAQ:IBEX) COO David Martin Afdahl Sells 17,500 Shares

IBEX Limited (NASDAQ:IBEX) COO David Afdahl sold 17,500 shares of the stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $37.09, for a total transaction of $649,075.00. Following the sale, the chief operating officer owned 140,006 shares of the company’s stock, valued at approximately $5,192,822.54. This represents a 11.11% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

IBEX Stock Performance

Shares of IBEX stock opened at $37.26 on Friday. The company has a market capitalization of $498.91 million, a P/E ratio of 11.64 and a beta of 0.72. IBEX Limited has a 1 year low of $25.94 and a 1 year high of $42.99. The company’s fifty day moving average is $35.80 and its two-hundred day moving average is $31.71.

IBEX (NASDAQ:IBEX) last announced its earnings results on Friday, September 11th. The company reported $0.85 EPS for the quarter, beating analysts’ consensus estimates of $0.84 by $0.01. IBEX had a net margin of 7.53% and a return on equity of 31.50%. The business had revenue of $164.27 million during the quarter, compared to analysts’ expectations of $160.02 million.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of IBEX in a research note on Friday, July 31st. Two equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $40.00.

Hedge Funds Weigh In On IBEX

Institutional investors have recently bought and sold shares of the company. Tieton Capital Management LLC acquired a new position in IBEX during the second quarter worth $8,353,000. Marshall Wace LLP purchased a new position in IBEX in the third quarter worth $7,685,000. AQR Capital Management LLC lifted its holdings in IBEX by 312.6% in the first quarter. AQR Capital Management LLC now owns 139,902 shares of the company’s stock valued at $3,407,000 after acquiring an additional 105,997 shares during the period. Globeflex Capital L P acquired a new stake in IBEX in the second quarter valued at $3,112,000. Finally, Invesco Ltd. boosted its position in shares of IBEX by 200.2% during the 3rd quarter. Invesco Ltd. now owns 89,509 shares of the company’s stock worth $3,627,000 after purchasing an additional 59,694 shares in the last quarter. 81.24% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting IBEX

Here are the key news stories impacting IBEX this week:

• Positive Sentiment: Raised outlook above consensus: IBEX projected fiscal 2027 revenue of $700 million to $715 million, well above the $678.5 million analyst consensus. First-quarter fiscal 2027 revenue guidance of $168 million to $170 million also exceeded the $161.4 million consensus estimate. The company did not provide usable EPS guidance in the reported figures. IBEX fiscal 2026 results and fiscal 2027 guidance
• Positive Sentiment: Quarterly earnings beat estimates: IBEX reported earnings of $0.85 per share, topping the $0.84 consensus, while revenue reached $164.27 million versus expectations of $160.02 million. The company also reported a 7.53% net margin and 31.50% return on equity, supporting the case for solid operating performance. IBEX quarterly earnings report
• Neutral Sentiment: Short-interest data provides little signal: Reported short interest remained at zero shares, with a zero-day short-interest ratio. Because the figures show no short positions and an unusable percentage change, the data does not indicate either meaningful bearish pressure or short-covering demand.
• Negative Sentiment: COO sold shares: Chief Operating Officer David Afdahl sold 17,500 shares for approximately $649,075, reducing his direct ownership by 11.11%. However, the transaction was executed under a pre-arranged Rule 10b5-1 plan, making it a weaker bearish signal than a discretionary insider sale. IBEX insider trading filing

IBEX Company Profile

IBEX Holdings, Inc is a global business process outsourcing (BPO) company that specializes in customer experience solutions for a range of industries, including telecommunications, cable, technology, financial services and e-commerce. The company’s core offerings encompass multichannel customer support delivered via voice, email, chat, social media and digital self-service platforms. In addition to front-line contact center services, IBEX provides back-office processing, order management, technical troubleshooting and analytics-driven insights to help clients optimize operational efficiency and customer satisfaction.

Beyond traditional contact center operations, IBEX has built a proprietary technology stack designed to integrate real-time data analytics, workforce management and quality assurance.