Ibex director Mingzhe Zhuang sells $221,444 in common shares

Director Mingzhe Zhuang of IBEX Ltd. (NASDAQ:IBEX) sold 5,522 of the company's common shares on September 15, 2026. The transaction totaled $221,444, with the shares exchanged at prices between $39.82 and $40.39 per share, resulting in a weighted average sale price of $40.1022 per share. Post-sale, Zhuang retains 2,813 shares of IBEX.

Since the director's sale, IBEX stock has experienced a significant price increase, trading at $56.92, marking a gain of over 40% from the sale price. Current market data indicates that IBEX shares are trading close to their 52-week high of $57.92. Over the past six months, the stock has delivered an impressive 86% return. Subscribers to InvestingPro have access to additional insights and Pro Research Reports on IBEX and other US equities.

Recently, IBEX reported fiscal first-quarter results that surpassed market expectations. Adjusted earnings stood at $1.10 per share, surpassing the forecasted $0.93, while revenue reached a record $175.2 million, surpassing the estimated $168.93 million. Furthermore, IBEX has raised its full-year earnings outlook, signaling a positive outlook for the company.

The robust performance is evident in the double-digit revenue growth of 16% compared to the previous year. These results have drawn attention from investors and analysts, reflecting a 16% increase in revenue compared to the previous year. The positive earnings surprise and adjusted guidance indicate sustained growth for IBEX.