Marcelo Fischer, who serves as the Chief Financial Officer for IDT Corp (NASDAQ:IDT), has completed a substantial divestment of company equity. On June 26, 2026, Fischer executed a sale of 23,323 shares classified as Class B Common Stock. The financial value of this transaction was recorded at approximately $1,329,023. Each share was disposed of at a precise price point of $56.9834. This executive activity occurs while IDT’s stock is currently trading at $58.16, establishing a total market capitalization for the company at $1.45 billion.
Following the completion of this sale, Fischer’s direct ownership in IDT’s Class B Common Stock stands at 32,824 shares. His total indirect holdings, calculated through a 401(k) Plan as of May 29, 2026, amount to an additional 2,760 shares. The transaction takes place while IDT maintains a "GREAT" financial health score according to InvestingPro analysis, a metric that suggests the stock is currently undervalued relative to its fundamentals. Investors seeking deeper insights can access IDT’s comprehensive Pro Research Report, available for this and 1,400+ other US equities.
In other recent news, IDT Corporation has reported its fiscal third quarter 2026 results, demonstrating strong financial performance. The company achieved earnings per share (EPS) of $0.94, which surpassed the forecast of $0.92. Additionally, IDT’s revenue exceeded expectations, reaching $315.7 million compared to the predicted $303 million. This marks a positive earnings surprise of 2.17% and a revenue surprise of 4.19%. These results highlight IDT’s ongoing ability to outperform market expectations. The earnings announcement reflects the company’s solid position in its financial operations. These recent developments are significant for investors monitoring IDT’s performance.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.IDTFollowAnalyze IDTIncluded in our AI-picked strategies·Review strategies58.16▲+0.21(+0.36%)Closed·15:59:59·USD58.160.00(0.00%)After Hours·16:10:041D1W1M6M1Y5YMaxCreated with Highcharts 11.4.814:0014:3015:3016:3017:3018:3019:3057.2557.557.755858.25Analyze IDTShould you invest $2,000 in IDT right now?ProPicks AI evaluates IDT alongside thousands of other companies every month using 100+ financial metrics. Using powerful AI to generate exciting stock ideas, it looks beyond popularity to assess fundamentals, momentum, and valuation. The AI has no bias—it simply identifies which stocks offer the best risk-reward based on current data with notable past winners that include Super Micro Computer (+185%) and AppLovin (+157%). Want to know if IDT is currently featured in any ProPicks AI strategies, or if there are better opportunities in the same space?See More Stocks