Jackson Creek Investment Advisors LLC Sells 15,545 Shares of IBEX Limited $IBEX

Jackson Creek Investment Advisors LLC cut its stake in shares of IBEX Limited (NASDAQ:IBEX) by 24.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 48,932 shares of the company’s stock after selling 15,545 shares during the quarter. Jackson Creek Investment Advisors LLC owned 0.36% of IBEX worth $1,983,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Acadian Asset Management LLC raised its position in shares of IBEX by 8.0% during the 2nd quarter. Acadian Asset Management LLC now owns 444,377 shares of the company’s stock valued at $12,924,000 after buying an additional 32,911 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its position in IBEX by 0.5% during the second quarter. Arrowstreet Capital Limited Partnership now owns 389,234 shares of the company’s stock valued at $11,327,000 after purchasing an additional 1,844 shares in the last quarter. Hillsdale Investment Management Inc. raised its position in IBEX by 18.6% during the second quarter. Hillsdale Investment Management Inc. now owns 260,500 shares of the company’s stock valued at $7,581,000 after purchasing an additional 40,800 shares in the last quarter. Globeflex Capital L P lifted its stake in IBEX by 8.7% during the second quarter. Globeflex Capital L P now owns 218,952 shares of the company’s stock worth $6,372,000 after purchasing an additional 17,528 shares during the last quarter. Finally, AQR Capital Management LLC boosted its holdings in shares of IBEX by 4.6% in the 2nd quarter. AQR Capital Management LLC now owns 146,306 shares of the company’s stock worth $4,258,000 after purchasing an additional 6,404 shares in the last quarter. Hedge funds and other institutional investors own 81.24% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently weighed in on IBEX. Royal Bank Of Canada raised their price objective on IBEX from $39.00 to $40.00 and gave the company a “sector perform” rating in a report on Monday, November 10th. Weiss Ratings reissued a “buy (b-)” rating on shares of IBEX in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $35.00.

IBEX Stock Up 2.2%

Shares of IBEX stock opened at $38.02 on Tuesday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.82 and a current ratio of 1.82. IBEX Limited has a 52-week low of $21.20 and a 52-week high of $42.99. The company’s 50 day moving average price is $37.44 and its 200-day moving average price is $35.31. The stock has a market capitalization of $512.02 million, a price-to-earnings ratio of 13.68 and a beta of 0.65.

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.