IBEX (NASDAQ:IBEX) Insider Julie Casteel Sells 17,474 Shares

Key Points

• IBEX insider Julie Casteel sold 17,474 shares at an average price of $40.41, generating approximately $706,124. After the transaction, she retained 100,814 shares, a 14.77% reduction in her ownership.
• IBEX’s latest quarterly results modestly exceeded expectations, with earnings per share of $0.85 versus the $0.84 consensus and revenue of $164.27 million versus estimates of $160.02 million.
• Analyst sentiment remains cautious, with IBEX carrying a consensus “Hold” rating and a $40 price target. Shares recently traded near $40.28, close to that target and below the one-year high of $42.40.

IBEX Limited (NASDAQ:IBEX - Get Free Report) insider Julie Casteel sold 17,474 shares of the stock in a transaction on Tuesday, September 15th. The stock was sold at an average price of $40.41, for a total value of $706,124.34. Following the sale, the insider directly owned 100,814 shares in the company, valued at approximately $4,073,893.74. This trade represents a 14.77% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link.

IBEX Stock Performance

Shares of NASDAQ IBEX traded down $0.52 during mid-day trading on Wednesday, reaching $40.28. The company 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 price-to-earnings ratio of 12.87 and a beta of 0.72. The business'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 posted its quarterly earnings data on Thursday, September 10th. The company reported $0.85 earnings per share for the quarter, topping the consensus estimate of $0.84 by $0.01. The business had revenue of $164.27 million during the quarter, compared to analysts' expectations of $160.02 million. IBEX had a net margin of 7.19% and a return on equity of 28.96%.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on IBEX shares. Wall Street Zen lowered shares of IBEX from a "strong-buy" rating to a "buy" rating in a research report on Saturday. Weiss Ratings restated a "hold (c+)" rating on shares of IBEX in a research report on Friday, July 31st. Finally, Robert W. Baird upped their target price on IBEX from $35.00 to $40.00 and gave the stock a "neutral" rating in a research note on Friday, September 11th. Three equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, IBEX presently has an average rating of "Hold" and a consensus price target of $40.00.

More IBEX News

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

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Clearstead Advisors LLC boosted its stake in shares of IBEX by 159.1% in the 4th quarter. Clearstead Advisors LLC now owns 2,635 shares of the company's stock valued at $101,000 after purchasing an additional 1,618 shares in the last quarter. Sargent Investment Group LLC bought a new stake in shares of IBEX during the 4th quarter valued at approximately $249,000. Valued Retirements Inc. acquired a new position in IBEX during the 4th quarter worth approximately $289,000. Evolve Private Wealth LLC increased its position in IBEX by 5.7% during the 1st quarter. Evolve Private Wealth LLC now owns 10,280 shares of the company's stock worth $276,000 after purchasing an additional 555 shares in the last quarter. Finally, Pinnacle Wealth Management Advisory Group LLC lifted its stake in IBEX by 33.0% in the 2nd quarter. Pinnacle Wealth Management Advisory Group LLC now owns 10,576 shares of the company's stock valued at $321,000 after purchasing an additional 2,625 shares during the last quarter. Institutional investors own 81.24% of the company's stock.

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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