Ibex Ltd CEO Dechant sells $47598 in shares

Published 16/09/2025, 01:02
Ibex Ltd CEO Dechant sells $47598 in shares

Ibex Ltd (NASDAQ:IBEX), a company currently valued at $518 million and showing remarkable strength with a 32% gain in the past week, reported that Chief Executive Officer Robert Thomas Dechant sold 1,634 common shares of the company on August 26, 2025, at a price of $29.13, for a total transaction value of $47,598. According to InvestingPro analysis, the company maintains a "GREAT" financial health score, with management actively pursuing share buybacks.

Following the transaction, Dechant directly owns 191,999 shares of Ibex Ltd. The sale was executed to cover tax withholding obligations related to the vesting of restricted stock units and does not represent discretionary trades by Dechant. For deeper insights into IBEX’s insider transactions and 17 additional key investment tips, consider exploring InvestingPro’s comprehensive research report.

In other recent news, IBEX Ltd reported strong financial results for the fourth quarter of 2025, surpassing market expectations. The company achieved an earnings per share of $0.87, significantly above the forecasted $0.70. Revenue for the quarter reached $147.1 million, well above the predicted $129.21 million. These results indicate a robust performance for the period. Additionally, RBC Capital raised its price target for IBEX to $39 from $31, maintaining a Sector Perform rating. This adjustment follows IBEX’s accelerated revenue growth of 18% year-over-year, compared to 11% in the previous quarter. RBC highlighted the company’s sustainable growth through existing clients and geographic expansion with its second-largest client. These developments reflect positively on IBEX’s business strategy and financial health.

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