IDT EVP Menachem Ash Sells $410K of Stock

Menachem Ash, Executive Vice President of Strategic & Legal Affairs at IDT Corporation IDT, sold 5,000 shares of company stock on October 15, 2026. According to a Form 4 filed with the SEC, the transaction took place at a price of $82.00 per share, for a total value of $410,000.

IDT IDT Corporation

$81.48 ▲ +61.70% year to date

1M 3M YTD

Daily close · Oct 19, 2026

Inside Menachem Ash's IDT Trade

Following the sale, Ash held 19,193 shares of IDT Corporation, marking a roughly 20.7% decrease in his direct ownership. The stock closed at $82.24 on the day of the transaction. This trade was not executed under a pre-arranged Rule 10b5-1 plan.

Other Institutional Activity in IDT

Other institutional investors made major adjustments to their IDT holdings in recent reporting periods. Renaissance Technologies, LLC trimmed its holdings by 66,976 shares, ending with 879,008 shares valued at about $71.92 million. First Trust Advisors LP grew its stake by 451,829 shares, closing the period with 512,873 shares worth about $41.96 million. American Century Companies Inc increased its position by 323,377 shares to hold 416,982 shares worth about $34.12 million. Deutsche Bank AG raised its stake by 1,771 shares, finishing with 386,746 shares valued at about $31.64 million. Kahn Brothers Group Inc. reduced its holdings by 20,901 shares, leaving it with 351,660 shares worth about $28.77 million.

IDT Corporation Stock Down 0.5%

IDT Corporation recently traded around $81.82, down about 0.5% from its event-day close of $82.24.

Recent Earnings

IDT Corporation reported trailing twelve month revenue of roughly $1.30 billion and basic earnings of $3.46 per share. The company's next earnings report is expected on December 3, 2026.

Dividend

IDT pays an annual dividend rate of $0.28 per share.

Insider Buying and Selling at IDT Corporation

Other insiders recently executed sales of company stock. Chief Accounting Officer and Controller Mitch Silberman sold 805 shares on October 13, 2026, for $66,122.70, and later sold 2,327 shares on October 15, 2026, for $188,555.88. Director Judah Schorr sold 6,036 shares on October 14, 2026, for $493,524.49, followed by another sale of 7,717 shares on October 15, 2026, for $629,456.40.

Analysts Set New Price Targets

Freedom Broker maintained a Buy rating on IDT on September 30, 2026, raising its price target from $75.00 to $85.00.

About IDT

IDT Corporation is a communication services provider based in Newark, New Jersey, operating across fintech, retail solutions, and traditional telecommunications markets. The company connects consumers and businesses globally through digital payment platforms and international communication services.

Bottom Line

Investors will look toward IDT Corporation's upcoming earnings report in December for updates on revenue growth and segment performance. Further SEC filings will show whether other executives continue trimming their holdings following these October sales.