EP Wealth Advisors LLC Acquires New Shares in IBEX Limited $IBEX

EP Wealth Advisors LLC bought a new position in IBEX Limited (NASDAQ:IBEX) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 8,910 shares of the company’s stock, valued at approximately $217,000. EP Wealth Advisors LLC owned about 0.07% of IBEX as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Tower Research Capital LLC TRC boosted its holdings in shares of IBEX by 267.4% during the 4th quarter. Tower Research Capital LLC TRC now owns 1,925 shares of the company’s stock valued at $41,000 after acquiring an additional 1,401 shares during the last quarter. US Bancorp DE bought a new position in IBEX during the first quarter valued at approximately $41,000. Deutsche Bank AG purchased a new stake in IBEX in the fourth quarter worth approximately $46,000. CWM LLC grew its position in IBEX by 392.7% in the 1st quarter. CWM LLC now owns 2,853 shares of the company’s stock worth $69,000 after purchasing an additional 2,274 shares during the period. Finally, State of Wyoming purchased a new stake in IBEX during the 4th quarter valued at $119,000. Institutional investors own 81.24% of the company’s stock.

Insider Buying and Selling at IBEX

In other IBEX news, Director Mohammedulla Khaishgi sold 35,000 shares of the firm’s stock in a transaction dated Thursday, June 12th. The stock was sold at an average price of $29.66, for a total value of $1,038,100.00. Following the transaction, the director directly owned 42,312 shares of the company’s stock, valued at approximately $1,254,973.92. This trade represents a 45.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Paul Joseph Inson sold 10,000 shares of the business’s stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $30.00, for a total value of $300,000.00. Following the sale, the insider owned 7,352 shares of the company’s stock, valued at approximately $220,560. This represents a 57.63% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 70,220 shares of company stock valued at $2,069,150. 6.72% of the stock is owned by company insiders.

IBEX Price Performance

NASDAQ IBEX opened at $29.33 on Wednesday. The stock has a market capitalization of $392.14 million, a price-to-earnings ratio of 12.81 and a beta of 0.77. IBEX Limited has a 1-year low of $16.38 and a 1-year high of $32.08. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.67 and a quick ratio of 1.67. The business’s fifty day moving average price is $29.48 and its 200-day moving average price is $27.35.

IBEX Company 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.