Irwin Katsof Sells 2,408 Shares of IDT
Irwin Katsof sold IDT shares worth $132,512.24 as the stock trades at $54.63.
Key Points
- Irwin Katsof sold 2,408 shares of IDT on June 11, 2026, at an average price of $55.03, totaling $132,512.24.
- IDT shares are currently trading at $54.63, with significant institutional activity observed among major funds.
- BlackRock and Geode Capital increased their IDT holdings, while Renaissance Technologies and Dimensional Fund Advisors reduced theirs.
On June 11, 2026, Irwin Katsof sold 2,408 shares of IDT at an average price of $55.03 each, totaling $132,512.24. This transaction was not part of a pre-arranged trading plan.
Other Institutional Activity in IDT
BlackRock, Inc. increased its holdings in IDT by 44,386 shares, bringing its total to 1,773,958 shares valued at about $87.1 million. Geode Capital Management, LLC also bolstered its position, adding 44,879 shares to hold 604,728 shares worth approximately $29.7 million. Conversely, Renaissance Technologies LLC trimmed its stake by 28,793 shares, ending with 946,013 shares valued at $46.4 million. Dimensional Fund Advisors LP also reduced its holdings, selling 18,221 shares to hold 788,047 shares, valued at $38.7 million.
IDT Stock Snapshot
Shares of IDT are trading around $54.63. The stock has seen active trading among major institutional investors, reflecting varied strategies in their holdings.
Insider Buying and Selling at IDT Corporation
Alongside Irwin Katsof's recent sale, several other insider transactions occurred. On June 9, William Conkling bought 673 shares at $55.75. Nadine Shea, EVP of Global Human Resources, sold 500 shares at $55.32 on June 8. On May 7, Joyce Mason, EVP and Corporate Secretary, purchased 2,166 shares without a specified price. Howard Jonas, Chairman, made two sales on May 5 and May 7, totaling 9,117 shares, also without a specified price.
Bottom Line
Irwin Katsof's sale of IDT shares is part of a broader pattern of insider transactions and institutional trading activity. While IDT's stock price hovers around $54.63, the movements by major funds and insiders provide a snapshot of current market sentiment. Keep in mind that insider transactions can occur for various reasons and don't necessarily indicate future stock performance.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.
