Idt director Judah Schorr sells $1.12m in class B common stock
IDT Corporation director Judah Schorr sold Class B common stock worth $1,122,980 over two days in mid-October 2026. On October 14, he sold 6,036 shares at prices between $81.5675 and $81.7635 per share. The next day, October 15, he disposed of an additional 7,717 shares. Despite the sale, Mr. Schorr still holds 108,672 shares directly in IDT Class B common stock, with 7,000 shares indirectly held through the Schorr Family Trust and 132 shares in an IRA.
Recently, IDT reported record fiscal 2026 results, with revenue growing by 7% year-over-year and 6% quarter-over-quarter. The company's strong performance, higher-margin businesses, and record gross profit and adjusted EBITDA have led to an optimistic outlook from Freedom Broker analyst Mikhail Paramonov, who raised the price target to $85.00 from $75.00 and maintained a Buy rating.
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