IBEX Ltd (NASDAQ:IBEX) disclosed that its Chief People Officer, Paul Joseph Inson, sold 2,500 common shares of the company’s stock for a total value of $100,164. The transaction took place on September 16, 2026, according to the filing.
The shares were sold at prices ranging from $40.04 to $40.09, with a weighted average sale price of $40.0658 per share. Following the sale, Mr. Inson directly holds 27,224 common shares in IBEX Ltd.
Since the sale, IBEX shares have climbed to $56.92, representing a 42% gain from the sale price. The stock is now trading near its 52-week high of $57.92 and has delivered a 59% return over the past year. According to InvestingPro data, IBEX shares are trading close to their Fair Value.
In other recent news, IBEX reported fiscal first-quarter results that surpassed expectations. The company announced adjusted earnings of $1.10 per share, exceeding the forecast of $0.93. Additionally, IBEX achieved a record revenue of $175.2 million, which was above the anticipated $168.93 million. This represents a 16% increase compared to the previous year. Furthermore, IBEX has raised its full-year outlook, signaling confidence in its future performance. These results have been well-received in the market, reflecting positively on the company’s financial health.