Sales are modest relative to market cap and driven by a director's routine diversification sale plus a CAO's derivative-exercise-and-tax-withholding pattern. No 10b5-1 plan is indicated but the structure suggests routine liquidity management — no conviction signal.
Price Chart
Executive Summary
IDT Corp insiders sold $818K in shares over a 7-day window, led by Director Judah Schorr ($629K) and CAO Mitch Silberman ($189K). Silberman's sales followed derivative exercises and tax withholding, suggesting a liquidity-driven pattern rather than a conviction signal. The cluster represents ~0.25% of market cap — modest and routine.
Key Financial Metrics
Key Facts
- Director Judah Schorr sold 7,700 shares at $81.57 for $629,000 on 2026-10-15
- CAO Mitch Silberman sold 2,327 shares at $81.03 for $188,556 on 2026-10-15, plus 805 shares at $82.14 for $66,123 on 2026-10-13
- Silberman also exercised 3,474 derivative shares at $81.825 and surrendered 1,147 shares for tax withholding
- Total insider sales of $818K represent approximately 0.25% of IDT's market cap
- No open-market purchases were reported in the cluster
Financial Impact
Total insider sales of $818K, or ~0.25% of market cap
Risk Factors
- No open-market purchases to offset the selling — no conviction signal
- No C-suite cluster buying to offset the selling
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-IDT-1792211963606 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 23, 2026 3d ago | DEF 14A | $82.47 | awaiting T+1 | — | $81.90 (−0.69%) |
Oct 19, 2026 7d ago | Insider Cluster | $84.46 $82.94 | ▲ +1.80% | ▲ +2.33% | $81.90 (+3.03%) |
Oct 16, 2026 11d ago | Insider Cluster | $81.82 $84.46 | ▲ +3.23% | ▲ +2.89% | $81.90 (+0.10%) |
Oct 13, 2026 13d ago | 144 | $81.08 $82.24 | ▲ +1.43% | ▲ +1.15% | $81.90 (+1.01%) |
Oct 7, 2026 19d ago | 144 | $80.65 $81.49 | ▲ +1.04% | ▲ +0.44% | $81.90 (+1.55%) |
Oct 5, 2026 21d ago | Insider Cluster | $80.08 $80.31 | ▲ +0.29% | ▼ −0.26% | $81.90 (+2.27%) |
Sep 28, 2026 28d ago | Press Release | $75.56 $79.97 | ▲ +5.84% | ▲ +6.04% | $81.90 (+8.39%) |
Sep 3, 2026 7w ago | Press Release | $68.73 $68.83 | ▲ +0.15% | ▲ +0.53% | $81.90 (+19.16%) |
Aug 24, 2026 9w ago | Press Release | $69.38 $69.10 | ▼ −0.40% | ▼ −0.43% | $81.90 (+18.05%) |
Jul 21, 2026 13w ago | Insider Cluster | $63.35 $64.21 | ▲ +1.36% | ▲ +1.47% | $81.90 (+29.28%) |
US Market Status
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