Integrated Quantitative Investments LLC Purchases Shares of 10,761 IBEX Limited (NASDAQ:IBEX)

Integrated Quantitative Investments LLC acquired a new position in IBEX Limited (NASDAQ:IBEX) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm acquired 10,761 shares of the company’s stock, valued at approximately $231,000. Integrated Quantitative Investments LLC owned 0.06% of IBEX at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the company. FMR LLC lifted its position in IBEX by 314.5% during the third quarter. FMR LLC now owns 2,139 shares of the company’s stock valued at $43,000 after buying an additional 1,623 shares in the last quarter. R Squared Ltd purchased a new position in shares of IBEX in the 4th quarter valued at $48,000. Quantbot Technologies LP lifted its holdings in shares of IBEX by 711.1% during the 4th quarter. Quantbot Technologies LP now owns 2,636 shares of the company’s stock valued at $57,000 after acquiring an additional 2,311 shares in the last quarter. Public Employees Retirement System of Ohio purchased a new stake in IBEX during the 3rd quarter worth $68,000. Finally, SG Americas Securities LLC purchased a new stake in IBEX during the 4th quarter worth $116,000. 81.24% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, Royal Bank of Canada raised their price objective on IBEX from $21.00 to $24.00 and gave the company a “sector perform” rating in a research report on Friday, February 7th.

IBEX Stock Down 4.3 %

NASDAQ IBEX opened at $23.34 on Friday. The company has a quick ratio of 1.44, a current ratio of 1.44 and a debt-to-equity ratio of 0.01. IBEX Limited has a fifty-two week low of $13.00 and a fifty-two week high of $27.83. The business has a 50 day moving average price of $24.74 and a two-hundred day moving average price of $21.73. The stock has a market cap of $307.90 million, a PE ratio of 10.96 and a beta of 0.75.

IBEX (NASDAQ:IBEX) last announced its earnings results on Thursday, February 6th. The company reported $0.51 earnings per share for the quarter, beating the consensus estimate of $0.49 by $0.02. IBEX had a net margin of 7.08% and a return on equity of 25.29%.

Insider Transactions at IBEX

In other IBEX news, CEO Robert Thomas Dechant sold 1,792 shares of the firm’s stock in a transaction that occurred on Tuesday, January 21st. The stock was sold at an average price of $22.50, for a total transaction of $40,320.00. Following the completion of the sale, the chief executive officer now owns 226,841 shares in the company, valued at $5,103,922.50. This trade represents a 0.78 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Paul Joseph Inson sold 8,954 shares of the company’s stock in a transaction that occurred on Friday, February 14th. The shares were sold at an average price of $27.53, for a total value of $246,503.62. Following the completion of the transaction, the insider now directly owns 21,042 shares in the company, valued at approximately $579,286.26. The trade was a 29.85 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 172,213 shares of company stock valued at $4,414,121. 6.72% of the stock is currently owned by insiders.

IBEX Company Profile

IBEX Limited provides end-to-end technology-enabled customer lifecycle experience solutions in the United States and internationally. The company products and services portfolio includes ibex Connect, that offers customer service, technical support, revenue generation, and other revenue generation outsourced back-office services through the CX model, which integrates voice, email, chat, SMS, social media, and other communication applications; ibex Digital, a customer acquisition solution that comprises digital marketing, e-commerce technology, and platform solutions; and ibex CX, a customer experience solution, which provides a suite of proprietary software tools to measure, monitor, and manage its clients' customer experience.