Tudor Investment Corp ET AL Has $539,000 Stock Holdings in IBEX Limited (NASDAQ:IBEX)

Tudor Investment Corp ET AL boosted its holdings in IBEX Limited (NASDAQ:IBEX - Free Report) by 78.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 25,104 shares of the company's stock after acquiring an additional 11,053 shares during the quarter. Tudor Investment Corp ET AL owned 0.15% of IBEX worth $539,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of IBEX. Royce & Associates LP boosted its position in shares of IBEX by 3.7% in the fourth quarter. Royce & Associates LP now owns 548,481 shares of the company's stock worth $11,787,000 after buying an additional 19,481 shares during the period. Wellington Management Group LLP raised its stake in IBEX by 4.6% during the 4th quarter. Wellington Management Group LLP now owns 545,175 shares of the company's stock valued at $11,716,000 after purchasing an additional 23,800 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in IBEX by 30.5% in the 4th quarter. Dimensional Fund Advisors LP now owns 326,141 shares of the company's stock valued at $7,009,000 after purchasing an additional 76,302 shares during the period. Franklin Resources Inc. increased its holdings in shares of IBEX by 18.8% during the 4th quarter. Franklin Resources Inc. now owns 296,114 shares of the company's stock worth $6,363,000 after purchasing an additional 46,849 shares during the period. Finally, JPMorgan Chase & Co. raised its position in shares of IBEX by 1,369.6% during the fourth quarter. JPMorgan Chase & Co. now owns 284,292 shares of the company's stock valued at $6,109,000 after buying an additional 264,947 shares during the last quarter. Institutional investors and hedge funds own 81.24% of the company's stock.

IBEX Trading Down 1.7%

IBEX stock traded down $0.47 during midday trading on Tuesday, hitting $27.65. 110,682 shares of the stock were exchanged, compared to its average volume of 126,874. IBEX Limited has a 52 week low of $14.20 and a 52 week high of $32.08. The company has a quick ratio of 1.44, a current ratio of 1.44 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of $364.76 million, a PE ratio of 12.98 and a beta of 0.74. The company has a fifty day simple moving average of $24.59 and a two-hundred day simple moving average of $22.73.

Insiders Place Their Bets

In related news, Director Mohammedulla Khaishgi sold 12,600 shares of the company's stock in a transaction on Wednesday, February 12th. The shares were sold at an average price of $25.74, for a total value of $324,324.00. Following the completion of the transaction, the director now directly owns 152,912 shares of the company's stock, valued at approximately $3,935,954.88. This represents a 7.61% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Robert Thomas Dechant sold 49,931 shares of the stock in a transaction dated Wednesday, February 26th. The stock was sold at an average price of $26.24, for a total value of $1,310,189.44. Following the transaction, the chief executive officer now owns 213,633 shares of the company's stock, valued at approximately $5,605,729.92. This trade represents a 18.94% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 114,285 shares of company stock worth $3,036,393. Company insiders own 6.72% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on IBEX shares. Baird R W cut shares of IBEX from a "strong-buy" rating to a "hold" rating in a research note on Monday. Royal Bank of Canada boosted their target price on IBEX from $21.00 to $24.00 and gave the stock a "sector perform" rating in a research report on Friday, February 7th. Finally, Robert W. Baird cut IBEX from an "outperform" rating to a "neutral" rating and set a $30.00 price target on the stock. in a report on Monday.

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.