IDT Co. (NYSE:IDT – Get Free Report) COO Bill Pereira sold 29,175 shares of the business’s stock in a transaction on Wednesday, October 16th. The stock was sold at an average price of $47.24, for a total value of $1,378,227.00. Following the completion of the transaction, the chief operating officer now directly owns 40,000 shares in the company, valued at approximately $1,889,600. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.
IDT Stock Performance
IDT stock traded up $0.30 on Friday, reaching $47.45. The company’s stock had a trading volume of 76,550 shares, compared to its average volume of 82,769. The company has a market cap of $1.20 billion, a price-to-earnings ratio of 33.89 and a beta of 0.78. The business’s fifty day moving average price is $39.03 and its 200 day moving average price is $37.91. IDT Co. has a twelve month low of $27.09 and a twelve month high of $49.60.
IDT Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Monday, October 7th. Investors of record on Monday, September 30th were issued a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 0.42%. The ex-dividend date was Monday, September 30th. IDT’s dividend payout ratio is 14.29%.
Hedge Funds Weigh In On IDT
Analyst Ratings Changes
Separately, StockNews.com raised IDT from a “buy” rating to a “strong-buy” rating in a research note on Friday, July 19th.
Check Out Our Latest Report on IDT
About IDT
IDT Corporation provides communications and payment services in the United States, the United Kingdom, and internationally. It operates through Fintech, National Retail Solutions, net2phone, and Traditional Communications segments. The company operates point of sale, a terminal-based platform which provides independent retailers store management software, electronic payment processing, and other ancillary merchant services; and provides marketers with digital out-of-home advertising and transaction data.
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