Bridgeway Capital Management LLC Acquires Shares of 147,476 IBEX Limited $IBEX

Key Points

• Bridgeway Capital Management LLC acquired a new stake in IBEX Limited by purchasing 147,476 shares valued at approximately $3.59 million, bringing its total ownership to 1.12% of the company.
• Insider sales included CEO Robert Thomas Dechant selling 4,376 shares for $131,280, and Director Mohammedulla Khaishgi selling 5,000 shares for $140,050, indicating significant insider trading activity.
• The stock performance shows IBEX has a market cap of $392.54 million, with a current trading price around $29.36 and analysts giving it an average rating of "Hold" with a price target of $27.00.

Bridgeway Capital Management LLC bought a new position in shares of IBEX Limited (NASDAQ:IBEX - Free Report) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 147,476 shares of the company's stock, valued at approximately $3,591,000. Bridgeway Capital Management LLC owned approximately 1.12% of IBEX at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Wells Fargo & Company MN increased its holdings in shares of IBEX by 24.5% in the 4th quarter. Wells Fargo & Company MN now owns 5,024 shares of the company's stock valued at $108,000 after acquiring an additional 990 shares during the last quarter. Martingale Asset Management L P boosted its holdings in IBEX by 2.3% in the first quarter. Martingale Asset Management L P now owns 44,723 shares of the company's stock valued at $1,089,000 after purchasing an additional 999 shares in the last quarter. Tower Research Capital LLC TRC increased its stake in IBEX by 267.4% in the fourth quarter. Tower Research Capital LLC TRC now owns 1,925 shares of the company's stock valued at $41,000 after purchasing an additional 1,401 shares during the last quarter. Barclays PLC increased its stake in IBEX by 6.8% in the fourth quarter. Barclays PLC now owns 22,046 shares of the company's stock valued at $473,000 after purchasing an additional 1,410 shares during the last quarter. Finally, US Bancorp DE acquired a new stake in IBEX during the first quarter worth approximately $41,000. Hedge funds and other institutional investors own 81.24% of the company's stock.

IBEX Stock Up 5.3%

Shares of IBEX stock traded up $1.54 during trading hours on Thursday, hitting $30.46. The company had a trading volume of 367,408 shares, compared to its average volume of 77,645. The company's 50-day moving average is $29.46 and its two-hundred day moving average is $27.39. IBEX Limited has a twelve month low of $16.48 and a twelve month high of $32.08. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.67 and a quick ratio of 1.67. The company has a market cap of $407.25 million, a P/E ratio of 13.30 and a beta of 0.77.

IBEX (NASDAQ:IBEX - Get Free Report) last announced its quarterly earnings results on Thursday, September 11th. The company reported $0.76 EPS for the quarter, topping the consensus estimate of $0.70 by $0.06. IBEX had a net margin of 6.93% and a return on equity of 25.51%. IBEX has set its Q1 2026 guidance at EPS. FY 2026 guidance at EPS.

Insider Transactions at IBEX

In other news, Director Mohammedulla Khaishgi sold 5,000 shares of IBEX stock in a transaction dated Monday, June 16th. The stock was sold at an average price of $28.01, for a total transaction of $140,050.00. Following the sale, the director owned 2,312 shares in the company, valued at approximately $64,759.12. The trade was a 68.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Robert Thomas Dechant sold 4,376 shares of the company's stock in a transaction dated Thursday, July 3rd. The shares were sold at an average price of $30.00, for a total value of $131,280.00. Following the completion of the sale, the chief executive officer directly owned 193,633 shares of the company's stock, valued at approximately $5,808,990. This trade represents a 2.21% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 35,000 shares of company stock worth $1,024,450. Corporate insiders own 6.72% of the company's stock.

About IBEX

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.