Insider Trading July 1, 2026 02:33 PM

IDT Director Eric F. Cosentino Offloads 500 Shares, Retains Fully Vested Restricted Stock

Executive transaction occurs alongside reported third-quarter fiscal results that surpassed both earnings and revenue forecasts.

By Jordan Park
Share
Twitter Reddit Facebook LinkedIn
IDT

Eric F. Cosentino, serving as a director within IDT Corp (NASDAQ:IDT), executed a sale of 500 shares in the company's Class B Common Stock on June 30, 2026. The transaction, valued at $28,890, was completed at a per-share price of $57.78, a figure closely aligned with the stock's prevailing trading price of $57.86. Following this divestment, Cosentino's direct ownership in IDT's Class B Common Stock stands at 539 shares, all of which are fully vested Restricted Stock. This financial activity coincides with the company's recent disclosure of its fiscal third quarter 2026 results, which demonstrated robust financial performance characterized by strong earnings and revenue metrics.

IDT Director Eric F. Cosentino Offloads 500 Shares, Retains Fully Vested Restricted Stock
IDT
Summarize with
ChatGPT Perplexity Claude Grok Gemini

Key Points

  • Director Eric F. Cosentino executed a sale of 500 shares of IDT Corp (NASDAQ:IDT) Class B Common Stock on June 30, 2026, totaling $28,890.
  • The transaction occurred at $57.78 per share, closely mirroring the prevailing market price of $57.86, and left Cosentino with 539 fully vested Restricted Stock shares.
  • IDT Corp reported fiscal third quarter 2026 results that surpassed market forecasts, with EPS of $0.94 against a $0.92 estimate and revenue of $315.7 million against a $303 million prediction.

Eric F. Cosentino, a director at IDT Corp (NASDAQ:IDT), sold 500 shares of the company’s Class B Common Stock on June 30, 2026. The transaction totaled $28,890.


The shares were sold at a price of $57.78 per share, close to the current trading price of $57.86. According to InvestingPro analysis, IDT appears undervalued at current levels, with the stock trading at a P/E ratio of 17.91. Following this transaction, Mr. Cosentino directly holds 539 shares of IDT’s Class B Common Stock. These remaining shares consist of fully vested shares of Restricted Stock. The company maintains a "GREAT" financial health score on InvestingPro, which offers 5 additional ProTips for IDT investors.


In other recent news, IDT Corporation has announced its fiscal third quarter 2026 results, demonstrating strong financial performance. The company reported earnings per share (EPS) of $0.94, which exceeded the forecast of $0.92. Additionally, IDT’s revenue reached $315.7 million, surpassing the predicted $303 million. This resulted in a positive earnings surprise of 2.17% and a revenue surprise of 4.19%, indicating IDT’s consistent ability to outperform market expectations. These recent developments highlight IDT’s robust financial standing.


This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.Is IDT a bargain right now?The fastest way to find out is with our Fair Value calculator. We use a mix of 17 proven industry valuation models for maximum accuracy. Get the bottom line for IDT plus thousands of other stocks and find your next hidden gem with massive upside.See Undervalued Stocks

Risks

  • The article notes that IDT appears undervalued based on a P/E ratio of 17.91, but does not elaborate on the specific risks associated with this valuation metric.
  • While the company demonstrated a positive earnings surprise of 2.17% and a revenue surprise of 4.19%, the article does not provide details on the sustainability of these outperformance trends.
  • The article references a "GREAT" financial health score but does not specify the criteria or potential downside risks associated with the company's financial posture.

More from Insider Trading

QNB Corp Director Autumn R Bayles Acquires Additional Shares Under Compensation Plan Jul 1, 2026 YUM Brands CEO Scott Mezvinsky Executes Stock Transactions Under Pre-Arranged Plan Jul 1, 2026 MODIV INDUSTRIAL CEO Executives Buy $62,163 Worth of Company Stock Jul 1, 2026 Gabelli Dividend & Income Trust Director Zizza Acquires Additional Shares Amid Distribution Hike Jul 1, 2026 Farmers & Merchants Bancorp Director Andrew Briggs Executes $273K Stock Disposition Jul 1, 2026