O Shaughnessy Asset Management LLC Has $1.48 Million Holdings in IBEX Limited (NASDAQ:IBEX)

O Shaughnessy Asset Management LLC grew its position in IBEX Limited (NASDAQ:IBEX - Free Report) by 72.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 69,026 shares of the company's stock after purchasing an additional 29,102 shares during the period. O Shaughnessy Asset Management LLC owned about 0.41% of IBEX worth $1,483,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. FMR LLC increased its position in IBEX by 314.5% in the 3rd quarter. FMR LLC now owns 2,139 shares of the company's stock worth $43,000 after purchasing an additional 1,623 shares during the last quarter. R Squared Ltd acquired a new position in IBEX in the 4th quarter worth about $48,000. Quantbot Technologies LP increased its position in IBEX by 711.1% in the 4th quarter. Quantbot Technologies LP now owns 2,636 shares of the company's stock worth $57,000 after purchasing an additional 2,311 shares during the last quarter. Public Employees Retirement System of Ohio bought a new stake in shares of IBEX during the 3rd quarter worth about $68,000. Finally, SG Americas Securities LLC bought a new stake in shares of IBEX during the 4th quarter worth about $116,000. 81.24% of the stock is owned by institutional investors and hedge funds.

IBEX Stock Down 1.7 %

Shares of IBEX traded down $0.39 during trading hours on Thursday, hitting $22.87. 33,566 shares of the company were exchanged, compared to its average volume of 113,462. The company has a market cap of $301.65 million, a PE ratio of 10.78 and a beta of 0.75. The firm's 50 day moving average is $24.81 and its 200-day moving average is $21.82. IBEX Limited has a 52 week low of $13.00 and a 52 week high of $27.83. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.44 and a current ratio of 1.44.

IBEX (NASDAQ:IBEX - Get Free Report) last announced its earnings results on Thursday, February 6th. The company reported $0.51 earnings per share for the quarter, beating the consensus estimate of $0.49 by $0.02. IBEX had a return on equity of 25.29% and a net margin of 7.08%.

Analyst Upgrades and Downgrades

Separately, Royal Bank of Canada upped their price target on IBEX from $21.00 to $24.00 and gave the stock a "sector perform" rating in a research note on Friday, February 7th.

Insider Activity at IBEX

In other IBEX news, Director Mohammedulla Khaishgi sold 10,000 shares of the company's stock in a transaction that occurred on Friday, February 7th. The stock was sold at an average price of $22.55, for a total value of $225,500.00. Following the completion of the transaction, the director now owns 70,293 shares of the company's stock, valued at $1,585,107.15. This represents a 12.45 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Robert Thomas Dechant sold 1,792 shares of the company's stock in a transaction that occurred on Tuesday, January 21st. The shares were sold at an average price of $22.50, for a total value of $40,320.00. Following the completion of the transaction, the chief executive officer now directly owns 226,841 shares of the company's stock, valued at approximately $5,103,922.50. This trade represents a 0.78 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 172,213 shares of company stock worth $4,414,121 in the last 90 days. 6.72% of the stock is owned by company insiders.

IBEX 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.