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Ibex Ltd chief legal officer sells $10,661 in shares

Published 16/09/2025, 00:44
Ibex Ltd chief legal officer sells $10,661 in shares
IBEX
-6.98%

Christina Alice Trofimuk-O’Connor, Chief Legal Officer at IBEX Ltd (NASDAQ:IBEX), sold 366 common shares of the company on August 26, 2025, at a price of $29.13, for a total transaction value of $10,661. The transaction comes as IBEX shares have shown remarkable strength, with a 31% gain in the past week alone. According to InvestingPro data, management has been actively buying back shares, demonstrating confidence in the company’s prospects.

Following the transaction, Trofimuk-O’Connor directly owns 12,571 shares of IBEX Ltd. The sale was to cover tax withholding obligations related to the vesting of restricted stock units and not a discretionary trade.

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, well above the forecasted $0.70. Revenue for the quarter was $147.1 million, significantly exceeding the predicted $129.21 million. Additionally, RBC Capital raised its price target for IBEX to $39.00 from $31.00, maintaining a Sector Perform rating. This adjustment was attributed to IBEX’s accelerated revenue growth, which reached 18% year-over-year. RBC noted that the company is experiencing sustainable growth through existing clients and geographic expansion with its second-largest client. These developments reflect the company’s strong performance and strategic growth initiatives.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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