Ibex Ltd COO David Afdahl sells $433,482 in company shares

IBEX Ltd's Chief Operating Officer, David Martin Afdahl, divested 10,819 shares of the company's stock on September 14, 2026, amounting to approximately $433,482. The shares were traded at prices between $40.00 and $40.29, with a weighted average sale price of $40.0668 per share. This sale occurred as IBEX's stock price was nearing its 52-week high of $42.41, following a 10.57% increase over the previous week.

Despite this recent rise, the stock remains undervalued according to InvestingPro analysis, which indicates potential upside. The transactions were executed under a pre-established 10b5-1 trading plan, implemented on June 8, 2026. Following the sale, Afdahl still holds 129,187 shares in the company. IBEX reported stronger-than-expected fiscal fourth-quarter results, with adjusted earnings of $0.85 per share and revenue of $164.3 million, surpassing Wall Street's expectations.

However, the stock price fell after-hours as investors weighed concerns about margin pressure and a slower growth outlook for the next fiscal year. These events unfolded amid ongoing scrutiny of the business-process outsourcing firm, with shares closing at $37.26 before dropping to $36.51 following the earnings report. Analysts are closely monitoring the company's performance, with some expressing caution about future growth prospects.