1 week Ago By ABMN Staff
Prudential Financial Inc. acquired a new position in shares of IBEX Limited ( NASDAQ:IBEX – Free Report ) during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 13,035 shares of the company’s stock, valued at approximately $280,000.
Prudential Financial Inc. owned approximately 0.08% of IBEX at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently modified their holdings of IBEX. Heron Bay Capital Management boosted its holdings in shares of IBEX by 4.8% in the 4th quarter.
Heron Bay Capital Management now owns 17,640 shares of the company’s stock worth $379,000 after purchasing an additional 810 shares during the period. Hillsdale Investment Management Inc. lifted its position in IBEX by 35.
8% in the fourth quarter. Hillsdale Investment Management Inc. now owns 212,200 shares of the company’s stock worth $4,560,000 after buying an additional 55,900 shares during the last quarter.
Quantbot Technologies LP boosted its stake in IBEX by 711.1% during the fourth quarter. Quantbot Technologies LP now owns 2,636 shares of the company’s stock worth $57,000 after buying an additional 2,311 shares during the period.
Boston Partners increased its position in IBEX by 16.1% during the fourth quarter. Boston Partners now owns 236,913 shares of the company’s stock valued at $5,091,000 after acquiring an additional 32,842 shares during the last quarter.
Finally, Royce & Associates LP raised its stake in shares of IBEX by 3.7% in the fourth quarter. Royce & Associates LP now owns 548,481 shares of the company’s stock valued at $11,787,000 after acquiring an additional 19,481 shares during the period.
81.24% of the stock is owned by hedge funds and other institutional investors. Analysts Set New Price Targets Separately, Royal Bank of Canada boosted their target price on IBEX from $21.
00 to $24.00 and gave the company a “sector perform” rating in a research report on Friday, February 7th. Insider Activity at IBEX In related news, CEO Robert Thomas Dechant sold 3,008 shares of IBEX stock in a transaction dated Monday, January 27th.
The stock was sold at an average price of $22.50, for a total value of $67,680.00.
Following the completion of the sale, the chief executive officer now directly owns 223,633 shares in the company, valued at $5,031,742.50. The trade was a 1.
33 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website . Also, insider Bruce Neil Dawson sold 13,500 shares of the company’s stock in a transaction dated Friday, February 7th.
The stock was sold at an average price of $24.00, for a total transaction of $324,000.00.
Following the completion of the sale, the insider now directly owns 5,607 shares of the company’s stock, valued at approximately $134,568. This trade represents a 70.65 % decrease in their ownership of the stock.
The disclosure for this sale can be found here . Over the last quarter, insiders sold 172,213 shares of company stock worth $4,414,121. Company insiders own 6.
72% of the company’s stock. IBEX Stock Down 0.6 % NASDAQ:IBEX opened at $23.
13 on Friday. The company has a market cap of $305.13 million, a price-to-earnings ratio of 10.
86 and a beta of 0.75. IBEX Limited has a twelve month low of $13.
00 and a twelve month high of $27.83. The company has a current ratio of 1.
44, a quick ratio of 1.44 and a debt-to-equity ratio of 0.01.
The stock has a fifty day simple moving average of $24.83 and a 200-day simple moving average of $21.84.
IBEX ( NASDAQ:IBEX – Get Free Report ) last announced its quarterly earnings data on Thursday, February 6th. The company reported $0.51 earnings per share for the quarter, beating analysts’ consensus estimates of $0.
49 by $0.02. IBEX had a net margin of 7.
08% and a return on equity of 25.29%. About IBEX ( Free Report ) 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. Featured Articles Want to see what other hedge funds are holding IBEX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for IBEX Limited ( NASDAQ:IBEX – Free Report ).
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