Y Intercept Hong Kong Ltd Has $340,000 Stock Position in IBEX Limited $IBEX

Y Intercept Hong Kong Ltd reduced its holdings in IBEX Limited (NASDAQ:IBEX) by 75.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,387 shares of the company’s stock after selling 25,520 shares during the period. Y Intercept Hong Kong Ltd owned about 0.06% of IBEX worth $340,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Acadian Asset Management LLC grew its position in IBEX by 8.0% during the second quarter. Acadian Asset Management LLC now owns 444,377 shares of the company’s stock valued at $12,924,000 after purchasing an additional 32,911 shares in the last quarter. LSV Asset Management boosted its stake in shares of IBEX by 52.7% during the 2nd quarter. LSV Asset Management now owns 22,900 shares of the company’s stock valued at $666,000 after buying an additional 7,900 shares during the period. Denali Advisors LLC grew its holdings in shares of IBEX by 41.2% during the 2nd quarter. Denali Advisors LLC now owns 104,096 shares of the company’s stock valued at $3,029,000 after acquiring an additional 30,378 shares in the last quarter. Janney Montgomery Scott LLC purchased a new position in shares of IBEX during the 2nd quarter valued at $462,000. Finally, Los Angeles Capital Management LLC increased its stake in shares of IBEX by 24.6% in the second quarter. Los Angeles Capital Management LLC now owns 36,104 shares of the company’s stock worth $1,051,000 after acquiring an additional 7,125 shares during the last quarter. Hedge funds and other institutional investors own 81.24% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Royal Bank Of Canada lifted their price objective on IBEX from $39.00 to $40.00 and gave the company a “sector perform” rating in a research report on Monday, November 10th. Weiss Ratings restated a “buy (b-)” rating on shares of IBEX in a report on Monday, December 29th. One analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $35.00.

IBEX Stock Down 0.8%

IBEX opened at $34.47 on Thursday. The firm has a market cap of $464.31 million, a P/E ratio of 12.40 and a beta of 0.64. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.82 and a current ratio of 1.82. The business has a 50 day moving average price of $37.41 and a 200 day moving average price of $35.34. IBEX Limited has a twelve month low of $21.64 and a twelve month high of $42.99.

IBEX Profile

IBEX Holdings, Inc is a global business process outsourcing (BPO) company that specializes in customer experience solutions for a range of industries, including telecommunications, cable, technology, financial services and e-commerce. The company’s core offerings encompass multichannel customer support delivered via voice, email, chat, social media and digital self-service platforms. In addition to front-line contact center services, IBEX provides back-office processing, order management, technical troubleshooting and analytics-driven insights to help clients optimize operational efficiency and customer satisfaction.

Beyond traditional contact center operations, IBEX has built a proprietary technology stack designed to integrate real-time data analytics, workforce management and quality assurance.