IDT Corporation (NYSE:IDT) Director Judah Schorr Buys 4,000 Shares
IDT Corporation (NYSE:IDT) Director Judah Schorr purchased 4,000 shares of the stock in a transaction on Friday, June 30th. The stock was acquired at an average cost of $14.29 per share, with a total value of $57,160.00. Following the completion of the purchase, the director now directly owns 69,287 shares of the company’s stock, valued at $990,111.23. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website.
Judah Schorr also recently made the following trade(s):
- On Thursday, June 29th, Judah Schorr purchased 6,000 shares of IDT Corporation stock. The stock was acquired at an average cost of $14.36 per share, with a total value of $86,160.00.
- On Thursday, July 6th, Judah Schorr purchased 20,000 shares of IDT Corporation stock. The stock was acquired at an average cost of $14.32 per share, with a total value of $286,400.00.
IDT Corporation (NYSE:IDT) traded up 2.60% during mid-day trading on Friday, reaching $14.61. 258,368 shares of the company’s stock traded hands. IDT Corporation has a 12-month low of $12.03 and a 12-month high of $23.13. The stock has a 50-day moving average price of $15.85 and a 200-day moving average price of $16.60. The stock has a market capitalization of $362.85 million, a PE ratio of 11.60 and a beta of 1.13.
The company also recently declared a quarterly dividend, which was paid on Friday, June 30th. Investors of record on Monday, June 19th were paid a dividend of $0.19 per share. The ex-dividend date was Thursday, June 15th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 5.20%. IDT Corporation’s dividend payout ratio is presently 59.84%.
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Separately, TheStreet raised shares of IDT Corporation from a “c+” rating to a “b-” rating in a research note on Friday, June 16th.
About IDT Corporation
IDT Corporation is a holding company with operations primarily in the telecommunications and payment industries. The Company’s segments include Telecom Platform Services, Consumer Phone Services and All Other. The Company’s Telecom Platform Services segment provides retail telecommunications and payment offerings, as well as wholesale international long distance traffic termination.
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