Ibex director Daniella Ballou-Aares sells $60,436 in shares

IBEX Ltd (NASDAQ:IBEX) director Daniella Ballou-Aares sold 1,500 common shares, totaling $60,436, on September 15, 2026. The shares were sold at $40.291 each, bringing her current holding to 10,395 shares. This insider sale occurred as IBEX shares approached their 52-week high of $42.41. The stock has shown strong performance, with an 8.9% increase over the past week and 40% over six months.

The company appears undervalued, with a P/E ratio of 12.6. Despite the recent insider sale, IBEX reported surpassing earnings and revenue expectations for its fiscal fourth quarter, achieving adjusted earnings of $0.85 per share and revenue of $164.3 million. However, the company's shares saw a decline in after-hours trading due to concerns about margin pressure and slower growth prospects for the upcoming fiscal year.