IBEX (NASDAQ:IBEX) Director Mingzhe Zhuang Sells 5,522 Shares of Stock

Key Points

• Director Mingzhe Zhuang sold 5,522 IBEX shares at an average price of $40.10, totaling $221,432.20 and reducing his direct holding by 66.25% to 2,813 shares.
• IBEX reported quarterly results slightly above expectations, with EPS of $0.85 versus $0.84 expected and revenue of $164.27 million versus $160.02 million forecast.
• The stock traded near $40.28, while analyst sentiment remained cautious with a consensus “Hold” rating and a $40 average price target; institutional investors own 81.24% of the company.

IBEX Limited (NASDAQ:IBEX - Get Free Report) Director Mingzhe Zhuang sold 5,522 shares of the company's stock in a transaction that occurred on Tuesday, September 15th. The shares were sold at an average price of $40.10, for a total value of $221,432.20. Following the completion of the transaction, the director directly owned 2,813 shares of the company's stock, valued at approximately $112,801.30. This trade represents a 66.25% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

IBEX Stock Down 1.3%

Shares of IBEX stock traded down $0.52 during mid-day trading on Wednesday, reaching $40.28. The stock had a trading volume of 291,941 shares, compared to its average volume of 125,513. IBEX Limited has a one year low of $25.94 and a one year high of $42.40. The firm has a market cap of $534.92 million, a PE ratio of 12.87 and a beta of 0.72. The firm's 50 day simple moving average is $36.26 and its 200 day simple moving average is $31.97.

IBEX (NASDAQ:IBEX - Get Free Report) last released its quarterly earnings data on Thursday, September 10th. The company reported $0.85 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.84 by $0.01. The business had revenue of $164.27 million for the quarter, compared to analysts' expectations of $160.02 million. IBEX had a return on equity of 28.96% and a net margin of 7.19%.

Hedge Funds Weigh In On IBEX

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Lazard Asset Management LLC boosted its stake in IBEX by 55.2% in the 1st quarter. Lazard Asset Management LLC now owns 89,150 shares of the company's stock valued at $2,391,000 after buying an additional 31,697 shares in the last quarter. Globeflex Capital L P acquired a new position in IBEX during the second quarter worth $3,112,000. Tieton Capital Management LLC acquired a new position in IBEX during the second quarter worth $8,353,000. Sierra Summit Advisors LLC acquired a new position in IBEX during the fourth quarter worth $879,000. Finally, Y Intercept Hong Kong Ltd lifted its holdings in shares of IBEX by 121.8% during the first quarter. Y Intercept Hong Kong Ltd now owns 95,665 shares of the company's stock valued at $2,566,000 after acquiring an additional 52,526 shares during the period. Institutional investors own 81.24% of the company's stock.

IBEX News Roundup

Here are the key news stories impacting IBEX this week:

• Positive Sentiment: IBEX announced that it won a 2026 Globee Award for excellence in an AI-powered customer-experience solution. The recognition supports the company’s positioning in the growing AI-enabled business-process-outsourcing market. ibex Wins 2026 Globee Award for AI-Powered Customer Experience Solution Excellence
• Positive Sentiment: Recent reports highlight IBEX’s efforts to use AI solutions to gain market share and adjust its delivery mix between nearshore and offshore operations. These initiatives could improve scalability, service capabilities and margins if executed successfully. IBEX touts AI solutions to grow market share IBEX shifts from nearshore to offshore
• Positive Sentiment: IBEX’s latest quarterly results modestly exceeded expectations, with earnings per share of $0.85 versus an $0.84 consensus and revenue of $164.27 million versus estimates of $160.02 million. The company reported a 7.19% net margin and 28.96% return on equity.
• Neutral Sentiment: Analyst sentiment remains cautious: Robert W. Baird raised its price target to $40 but kept a neutral rating, while the consensus rating is “Hold” with an average target of $40. The stock’s recent advance has placed it close to that consensus valuation.
• Negative Sentiment: Multiple insiders sold shares around $39.34–$40.41, including CEO Robert Dechant, COO David Afdahl, directors Mingzhe Zhuang and Daniella Ballou-Aares, and other insiders. The sales totaled more than 56,000 shares across the disclosed transactions and reduced several holdings substantially, creating a negative insider-ownership signal. Some transactions, including sales by Dechant, Afdahl and Paul Inson, were made under pre-arranged Rule 10b5-1 plans. SEC insider transaction filing

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on IBEX. Wall Street Zen lowered shares of IBEX from a "strong-buy" rating to a "buy" rating in a report on Saturday. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of IBEX in a report on Friday, July 31st. Finally, Robert W. Baird lifted their target price on shares of IBEX from $35.00 to $40.00 and gave the company a "neutral" rating in a research report on Friday, September 11th. Three analysts have rated the stock with a Hold rating, According to MarketBeat.com, IBEX has a consensus rating of "Hold" and a consensus price target of $40.00.

IBEX Company Profile

IBEX Limited NASDAQ: IBEX is a global business process outsourcing and customer experience company. It provides digitally enabled customer support and operational services for brands across industries including e-commerce, health and fitness, fintech, logistics, retail, travel and utilities.

The company's services include customer care, technical support, sales and customer acquisition, back-office processing, trust and safety, and other specialized business support functions. IBEX combines contact center personnel, analytics, automation and artificial intelligence-enabled tools to help clients manage customer interactions across voice, digital and other communication channels.

IBEX serves clients primarily in North America and other international markets through delivery operations in locations including the United States, the Philippines, Jamaica, Nicaragua and Pakistan.

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