Amdocs (NASDAQ:DOX) Director John Anthony Macdonald Buys 1,000 Shares of Stock

Amdocs Limited (NASDAQ:DOX) Director John Anthony Macdonald purchased 1,000 shares of the company’s stock in a transaction dated Tuesday, November 10th. The shares were acquired at an average price of $41.63 per share, for a total transaction of $41,630.00. Following the purchase, the director directly owned 25,189 shares in the company, valued at approximately $1,048,618.07. The trade was a 4.13% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Amdocs Trading Up 2.3%

Shares of DOX stock opened at $44.11 on Friday. Amdocs Limited has a 1 year low of $39.96 and a 1 year high of $84.95. The firm has a fifty day moving average price of $57.88 and a 200-day moving average price of $61.17. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.94 and a quick ratio of 0.94. The company has a market cap of $4.76 billion, a price-to-earnings ratio of 6.50, a PEG ratio of 1.40 and a beta of 0.42.

Amdocs (NASDAQ:DOX) last announced its earnings results on Tuesday, November 3rd. The technology company reported $1.98 EPS for the quarter, hitting analysts’ consensus estimates of $1.98. The company had revenue of $1.19 billion for the quarter, compared to analysts’ expectations of $1.19 billion. Amdocs had a return on equity of 20.81% and a net margin of 10.59%. Amdocs’s revenue for the quarter was up 3.8% compared to the same quarter last year. During the same period last year, the firm earned $1.83 EPS. As a group, equities analysts predict that Amdocs Limited will post 5.82 earnings per share for the current year.

Amdocs Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 29th. Shareholders of record on Thursday, December 31st will be given a $0.5690 dividend. The ex-dividend date is Thursday, December 31st. This represents a $2.28 dividend on an annualized basis and a yield of 5.2%. Amdocs’s dividend payout ratio is presently 48.82%.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on DOX. Zacks Research cut Amdocs from a “hold” rating to a “strong sell” rating in a research report on Monday. Stifel Nicolaus cut their price objective on Amdocs from $71.00 to $46.00 and set a “buy” rating for the company in a research note on Wednesday, November 4th. Oppenheimer lowered shares of Amdocs from an “outperform” rating to a “market perform” rating in a report on Wednesday, November 4th. Weiss Ratings upgraded shares of Amdocs from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, October 23rd. Finally, Wall Street Zen cut shares of Amdocs from a “buy” rating to a “hold” rating in a research note on Saturday, November 7th. Two analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, Amdocs presently has a consensus rating of “Hold” and a consensus target price of $69.00.

Institutional Investors Weigh In On Amdocs

Institutional investors have recently added to or reduced their stakes in the stock. Royal Bank of Canada lifted its holdings in shares of Amdocs by 14.9% in the first quarter. Royal Bank of Canada now owns 446,125 shares of the technology company’s stock worth $29,114,000 after buying an additional 57,740 shares in the last quarter. Renaissance Technologies LLC boosted its position in shares of Amdocs by 429.6% during the first quarter. Renaissance Technologies LLC now owns 291,800 shares of the technology company’s stock worth $19,043,000 after acquiring an additional 236,700 shares during the last quarter. Steel Grove Capital Advisors LLC bought a new position in shares of Amdocs during the third quarter worth $2,229,000. TD Waterhouse Canada Inc. grew its stake in Amdocs by 14.1% during the second quarter. TD Waterhouse Canada Inc. now owns 247,521 shares of the technology company’s stock valued at $12,682,000 after acquiring an additional 30,555 shares in the last quarter. Finally, Bank of America Corp DE grew its stake in Amdocs by 29.1% during the first quarter. Bank of America Corp DE now owns 1,262,263 shares of the technology company’s stock valued at $82,375,000 after acquiring an additional 284,435 shares in the last quarter. 92.02% of the stock is owned by hedge funds and other institutional investors.

More Amdocs News

Here’s some of the latest news about DOX:

• Positive Sentiment: Three directors reported open-market purchases between November 9 and 10, including Yvette Kanouff’s $100,800 purchase and John Anthony Macdonald’s $41,630 purchase. Insider buying may signal confidence, though it does not resolve the company’s operating challenges. SEC filing for Yvette Kanouff purchase SEC filing for Veronique Morali purchase SEC filing for John Anthony Macdonald purchase
• Negative Sentiment: Zacks Research downgraded Amdocs from “hold” to “strong sell,” adding to negative sentiment after the steep selloff. Zacks Research ratings
• Negative Sentiment: The November 4 plunge followed disappointing fiscal 2027 guidance linked to an escalating T-Mobile dispute, despite quarterly results coming in line with expectations. Multiple law firms have since announced investigations into potential securities claims or alleged misleading disclosures. These are investigations, not findings of wrongdoing, but could add uncertainty and reputational risk. Levi & Korsinsky notice Pomerantz investigation notice Rosen Law investigation notice

Amdocs Company Profile

Amdocs provides software and services to communications and media companies. Its offerings include business and operational support systems for billing, customer management, service delivery and network operations, as well as cloud and digital solutions that help clients modernize their businesses and improve customer experiences. Founded in 1982, Amdocs serves communications and media providers in markets around the world. The company is headquartered in the St. Louis, Missouri, area and is led by President and Chief Executive Officer Shuky Sheffer.