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

Amdocs Limited (NASDAQ:DOX) Director John Anthony Macdonald acquired 1,000 shares of Amdocs stock in a transaction on Tuesday, November 10th. The shares were purchased at an average price of $41.63 per share, for a total transaction of $41,630.00. Following the completion of the purchase, the director directly owned 25,189 shares of the company’s stock, valued at approximately $1,048,618.07. This represents a 4.13% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Amdocs Price Performance

DOX stock traded up $0.68 during mid-day trading on Friday, hitting $44.79. The stock had a trading volume of 2,245,070 shares, compared to its average volume of 2,150,916. The firm has a fifty day simple moving average of $57.51 and a 200 day simple moving average of $60.98. The firm has a market capitalization of $4.84 billion, a P/E ratio of 9.59, a P/E/G ratio of 1.44 and a beta of 0.42. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.23. Amdocs Limited has a 52 week low of $39.96 and a 52 week high of $84.95.

Amdocs (NASDAQ:DOX) last issued its quarterly earnings results on Tuesday, November 3rd. The technology company reported $1.98 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.98. The company had revenue of $1.19 billion during the quarter, compared to the consensus estimate of $1.19 billion. Amdocs had a net margin of 10.59% and a return on equity of 20.81%. The firm’s quarterly revenue was up 3.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.83 EPS. As a group, research analysts forecast that Amdocs Limited will post 5.82 EPS for the current year.

Amdocs Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 29th. Shareholders of record on Thursday, December 31st will be given a dividend of $0.5690 per share. This represents a $2.28 annualized dividend and a yield of 5.1%. The ex-dividend date is Thursday, December 31st. Amdocs’s payout ratio is currently 48.82%.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on DOX shares. Weiss Ratings raised Amdocs from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, October 23rd. Stifel Nicolaus lowered their price target on Amdocs from $71.00 to $46.00 and set a “buy” rating for the company in a report on Wednesday, November 4th. Oppenheimer cut Amdocs from an “outperform” rating to a “market perform” rating in a report on Wednesday, November 4th. Wall Street Zen downgraded Amdocs from a “buy” rating to a “hold” rating in a research report on Saturday, November 7th. Finally, Zacks Research lowered Amdocs from a “hold” rating to a “strong sell” rating in a research note on Monday, November 9th. Two equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, Amdocs has an average rating of “Hold” and a consensus target price of $69.00.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Advisors Asset Management Inc. acquired a new stake in Amdocs during the 3rd quarter worth approximately $40,432,000. Dimensional Fund Advisors LP increased its position in Amdocs by 19.7% in the 1st quarter. Dimensional Fund Advisors LP now owns 3,463,797 shares of the technology company’s stock valued at $226,045,000 after acquiring an additional 571,036 shares during the period. Pzena Investment Management LLC increased its position in Amdocs by 3.4% in the 3rd quarter. Pzena Investment Management LLC now owns 14,454,911 shares of the technology company’s stock valued at $826,532,000 after acquiring an additional 469,581 shares during the period. Bank of America Corp DE increased its position in Amdocs by 29.1% in the 1st 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 during the period. Finally, First Trust Advisors LP raised its stake in shares of Amdocs by 18.7% during the third quarter. First Trust Advisors LP now owns 1,637,842 shares of the technology company’s stock valued at $93,652,000 after acquiring an additional 258,098 shares during the last quarter. Institutional investors own 92.02% of the company’s stock.

More Amdocs News

Here’s some of the latest news about DOX:

• Positive Sentiment: Amdocs is seeking shareholder approval for a 3% quarterly dividend increase, which could bolster its appeal to income-focused investors. Dividend proposal
• Negative Sentiment: Insider Shimie Hortig sold 8,997 shares across transactions on November 10 and 11, reducing his holdings. The sales may weigh on sentiment, though he retained a substantial position. SEC filing
• Negative Sentiment: Law firms announced investigations into potential securities claims after Amdocs’ significant stock drop. These are investigations, not findings of wrongdoing, but add uncertainty. The recent selloff followed disappointing fiscal 2027 guidance tied to an escalating T-Mobile dispute, despite quarterly earnings and revenue matching consensus. Investigation announcement

About Amdocs

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.