A Director at IDT Corp (NYSE: IDT) is Selling Shares

By George MacDonald

Today, a Director at IDT Corp (NYSE: IDT), Bill Pereira, sold shares of IDT for $155.3k.

Following Bill Pereira’s last IDT Sell transaction on January 06, 2016, the stock climbed by 3.7%. In addition to Bill Pereira, 2 other IDT executives reported Sell trades in the last month.

The company has a one year high of $18.97 and a one year low of $10.62. IDT’s market cap is $363.7M and the company has a P/E ratio of 36.88%. Currently, IDT Corp has an average volume of 125.9k.

Looking at blogger coverage of IDT, there is a 66% Bullish tendency on the stock, in relation to a 75% average bullish tendency within the Technology sector.

Over the last 3 months, the insider sentiment on IDT Corp has been neutral based on 32 corporate insider transactions. This sentiment is slightly lower than the average sector sentiment of insiders.

IDT Corp. is a multinational holding company, which engages in the provision of telecommunication services. It operates through the following segments: Telecom Platform Services and Consumer Phone Services. The Telecom Platform Services segment markets and distributes multiple communications and payment services across four broad business verticals such as retail communications, wholesale carrier services, payment services and hosted platform solutions. The Consumer Phone Services provides local and long distance services to consumer. The company was founded by Howard S. Jonas in August 1990 and is headquartered in Newark, NJ.