Ibex COO David Afdahl sells $649,008 in common stock By Investing.com

David Martin Afdahl, Chief Operating Officer at IBEX Ltd (), sold 17,500 common shares of the company’s stock on September 8, 2026. The transactions totaled $649,008.

The shares were sold at a weighted average price of $37.0862 per share. These sales were executed in multiple trades with prices ranging from $36.84 to $38.33. The disposition was made pursuant to a pre-arranged 10b5-1 trading plan, which Mr. Afdahl established on June 8, 2026. Following these transactions, Mr. Afdahl directly holds 140,006 common shares of IBEX Ltd.The insider sale comes as IBEX stock has delivered strong performance, with a 27% return over the past six months. According to InvestingPro analysis, the company appears undervalued at current levels, trading at a P/E ratio of 11.6. InvestingPro’s Fair Value analysis suggests the stock is undervalued, with the platform’s comprehensive Pro Research Report offering deeper insights into IBEX’s investment potential.

In other recent news, IBEX reported its fiscal fourth-quarter results, surpassing Wall Street expectations for both earnings and revenue. The company posted adjusted earnings of $0.85 per share, exceeding the forecasted $0.79 per share. Revenue came in at $164.3 million, also surpassing the anticipated $153.38 million. Despite this positive performance, shares fell in after-hours trading as investors considered concerns about margin pressure and a slower growth outlook for the upcoming fiscal year. These developments highlight recent financial achievements and market reactions to IBEX’s performance.

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