Amdocs director Amos Genish buys $149,730 in shares
Director Amos Genish of AMDOCS LTD (NASDAQ: DOX) boosted his share ownership on November 9, 2026, through two separate transactions. In one deal, he bought 3,565 ordinary shares at $42 apiece, investing $149,730. In the other, he acquired 6,058 shares at no cost, potentially via stock-based compensation. These moves come as DOX stocks are trading at $44.79, a 42.7% drop year-to-date, near their 52-week low of $39.96.
Analysts view the stock as potentially undervalued, given a modest P/E ratio of 9.53 and a 5.08% dividend yield. After these purchases, Genish now directly holds 20,976 ordinary shares in Amdocs. Investors can explore more insights into DOX's valuation and insider activity through InvestingPro's ProTips and financial metrics, including detailed Pro Research Reports.
On a separate note, Amdocs reported its fiscal 2026 earnings and revenue, meeting expectations with revenue at $4.7 billion, a 3.6% increase, and non-GAAP earnings per share of $7.41, a 6% rise. However, fiscal 2027 outlook is concerning due to a dispute with major customer T-Mobile, which could lead to revenue and profit declines.
This has prompted Oppenheimer to downgrade Amdocs' stock rating from Outperform to Perform. Despite the challenges, Amdocs reported strong fiscal fourth-quarter results, with non-GAAP earnings of $1.98 per share and revenue of $1.19 billion, aligning with Wall Street's expectations.
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Also reported by 1 other outlet
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