IDT Co. (NYSE:IDT) Director Eric F. Cosentino sold 1,800 shares of the business’s stock in a transaction dated Thursday, April 19th. The stock was sold at an average price of $5.62, for a total value of $10,116.00. The sale was disclosed in a legal filing with the SEC, which is available at this link.

Shares of NYSE:IDT opened at $5.53 on Friday. IDT Co. has a 1 year low of $5.40 and a 1 year high of $17.71. The stock has a market cap of $137.37, a PE ratio of 25.14 and a beta of 1.03.

IDT (NYSE:IDT) last issued its earnings results on Thursday, March 8th. The utilities provider reported ($0.04) earnings per share (EPS) for the quarter. IDT had a positive return on equity of 3.38% and a negative net margin of 0.97%. The firm had revenue of $395.88 million for the quarter.

The business also recently declared a quarterly dividend, which was paid on Friday, March 23rd. Investors of record on Monday, March 19th were given a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a yield of 6.51%. The ex-dividend date of this dividend was Friday, March 16th.

Separately, UBS upgraded IDT from a “sell” rating to a “hold” rating in a report on Wednesday, March 28th.

Institutional investors have recently added to or reduced their stakes in the stock. AXA acquired a new position in IDT during the 4th quarter worth approximately $128,000. Unison Advisors LLC acquired a new position in IDT during the 4th quarter worth approximately $138,000. Wells Fargo & Company MN lifted its position in IDT by 56.7% during the 4th quarter. Wells Fargo & Company MN now owns 31,614 shares of the utilities provider’s stock worth $335,000 after acquiring an additional 11,444 shares in the last quarter. California Public Employees Retirement System lifted its position in IDT by 25.5% during the 4th quarter. California Public Employees Retirement System now owns 32,067 shares of the utilities provider’s stock worth $340,000 after acquiring an additional 6,515 shares in the last quarter. Finally, Deutsche Bank AG lifted its position in IDT by 97.0% during the 4th quarter. Deutsche Bank AG now owns 44,556 shares of the utilities provider’s stock worth $470,000 after acquiring an additional 21,942 shares in the last quarter. 46.79% of the stock is currently owned by hedge funds and other institutional investors.

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IDT Company Profile

IDT Corporation, through its subsidiaries, operates primarily in the telecommunications and payment industries in the United States and internationally. It operates in three segments: Telecom Platform Services, Unified Communications as a Service, and Consumer Phone Services. The Telecom Platform Services segment offers retail telecommunication products, including international long-distance calling products primarily to foreign-born communities; payment offerings, such as international and domestic airtime top-up, and international money transfer services; and wholesale international long distance traffic termination services for tier 1 fixed line and mobile network operators, as well as for other service providers.

Insider Buying and Selling by Quarter for IDT (NYSE:IDT)

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