Insider Selling: IBEX (NASDAQ:IBEX) COO Sells $649,075.00 in Stock

September 11, 2026 by InsiderTrades.com

Key Points

IBEX COO David Afdahl sold 17,500 shares for approximately $649,075, reducing his ownership by 11.11% to 140,006 shares. The sale occurred under a pre-arranged Rule 10b5-1 trading plan.
IBEX exceeded quarterly expectations, reporting $0.85 in EPS versus $0.84 consensus and revenue of $164.27 million versus $160.02 million expected.
The company issued fiscal 2027 revenue guidance of $700 million to $715 million, above the $678.5 million analyst consensus, while shares traded near $37.26 against a $40 average analyst price target.

IBEX Limited (NASDAQ:IBEX - Get Free Report) COO David Afdahl sold 17,500 shares of the company's stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $37.09, for a total transaction of $649,075.00. Following the transaction, the chief operating officer owned 140,006 shares in the company, valued at $5,192,822.54. The trade was a 11.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

IBEX Trading Up 0.6%

Shares of IBEX stock opened at $37.26 on Friday. The company has a 50-day moving average of $35.80 and a two-hundred day moving average of $31.71. IBEX Limited has a 12-month low of $25.94 and a 12-month high of $42.99. The stock has a market cap of $498.91 million, a PE ratio of 11.64 and a beta of 0.72.

IBEX (NASDAQ:IBEX - Get Free Report) last announced its quarterly earnings results on Friday, September 11th. The company reported $0.85 EPS for the quarter, topping the consensus estimate of $0.84 by $0.01. The business had revenue of $164.27 million for the quarter, compared to analyst estimates of $160.02 million. IBEX had a return on equity of 31.50% and a net margin of 7.53%.

Trending Headlines about 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

Analysts Set New Price Targets

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

Read Our Latest Report on IBEX

Institutional Trading of IBEX

Large investors have recently made changes to their positions in the stock. Ieq Capital LLC lifted its holdings in shares of IBEX by 3.8% during the 4th quarter. Ieq Capital LLC now owns 11,772 shares of the company's stock worth $449,000 after acquiring an additional 429 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in IBEX by 8.6% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,466 shares of the company's stock valued at $159,000 after purchasing an additional 434 shares during the period. Janney Montgomery Scott LLC increased its position in IBEX by 3.1% during the first quarter. Janney Montgomery Scott LLC now owns 16,358 shares of the company's stock worth $439,000 after purchasing an additional 495 shares during the last quarter. Evolve Private Wealth LLC increased its position in IBEX by 5.7% during the first quarter. Evolve Private Wealth LLC now owns 10,280 shares of the company's stock worth $276,000 after purchasing an additional 555 shares during the last quarter. Finally, LPL Financial LLC raised its stake in IBEX by 13.9% during the fourth quarter. LPL Financial LLC now owns 5,745 shares of the company's stock worth $219,000 after purchasing an additional 699 shares during the period. Institutional investors and hedge funds own 81.24% of the company's stock.

About IBEX

(Get Free Report)

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.