IBEX Limited (NASDAQ:IBEX) Director Mohammedulla Khaishgi Sells 814 Shares of Stock

IBEX Limited (NASDAQ:IBEX) Director Mohammedulla Khaishgi sold 814 shares of the company’s stock in a transaction that occurred on Tuesday, January 21st. The stock was sold at an average price of $22.50, for a total transaction of $18,315.00. Following the sale, the director now directly owns 221,744 shares of the company’s stock, valued at approximately $4,989,240. This trade represents a 0.37 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

Mohammedulla Khaishgi also recently made the following trade(s):

• 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 transaction of $22,580.00.

IBEX Trading Down 1.8 %

Shares of IBEX stock opened at $21.80 on Thursday. The firm has a market capitalization of $365.37 million, a PE ratio of 11.53 and a beta of 0.78. The firm’s 50 day moving average is $20.77 and its 200 day moving average is $18.86. IBEX Limited has a 1 year low of $13.00 and a 1 year high of $22.52.

IBEX (NASDAQ:IBEX) last announced its quarterly earnings results on Thursday, November 7th. The company reported $0.48 earnings per share (EPS) for the quarter. IBEX had a net margin of 6.57% and a return on equity of 22.54%. The company had revenue of $129.72 million during the quarter.

Hedge Funds Weigh In On IBEX

Several large investors have recently bought and sold shares of IBEX. Jane Street Group LLC grew its holdings in shares of IBEX by 114.6% during the third quarter. Jane Street Group LLC now owns 29,960 shares of the company’s stock worth $599,000 after purchasing an additional 15,999 shares during the last quarter. Quadrature Capital Ltd bought a new position in IBEX in the 3rd quarter valued at approximately $522,000. Barclays PLC boosted its position in IBEX by 95.2% during the 3rd quarter. Barclays PLC now owns 20,636 shares of the company’s stock worth $412,000 after buying an additional 10,062 shares during the period. Janus Henderson Group PLC grew its holdings in IBEX by 11.9% during the 3rd quarter. Janus Henderson Group PLC now owns 17,361 shares of the company’s stock worth $347,000 after acquiring an additional 1,842 shares during the last quarter. Finally, Ritholtz Wealth Management increased its position in IBEX by 76.9% in the 4th quarter. Ritholtz Wealth Management now owns 32,859 shares of the company’s stock valued at $706,000 after acquiring an additional 14,279 shares during the period. 81.24% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Separately, Robert W. Baird lifted their price target on IBEX from $23.00 to $26.00 and gave the company an “outperform” rating in a research note on Friday, November 8th. Two research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $21.25.

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.