Idt director Judah Schorr sells $1.12m in class B common stock

Judah Schorr, a director at IDT Corporation (NYSE:IDT), recently sold a total of $1,122,980 worth of the company’s Class B common stock. The transactions occurred over two days in mid-October.

On October 14, 2026, Mr. Schorr disposed of 6,036 shares of Class B common stock. The following day, October 15, 2026, he sold an additional 7,717 shares. The shares were sold at prices ranging from $81.5675 to $81.7635 per share.The sale comes as IDT shares trade near their 52-week high of $83.19, with the stock delivering a remarkable 70% return over the past year. According to InvestingPro analysis, the stock currently appears overvalued relative to its Fair Value. For deeper insights into IDT’s valuation and performance, investors can access the comprehensive Pro Research Report, available for this and 1,400+ other US equities.

Following these transactions, Mr. Schorr directly holds 108,672 shares of IDT Class B common stock. Additionally, he indirectly holds 7,000 shares through the Schorr Family Trust and 132 shares through an IRA.

In other recent news, IDT Corporation reported record fiscal 2026 results, marking the best year in its history. The company achieved record revenue growth and expanding margins, with consolidated revenue reaching $339.0 million, a 7% increase both year-over-year and quarter-over-quarter. This performance exceeded Freedom Broker’s forecast by 6%. Freedom Broker analyst Mikhail Paramonov responded by raising the price target for IDT to $85.00 from $75.00, maintaining a Buy rating. The company’s strong operating performance and a mix of higher-margin businesses contributed to these positive results. Although specific quarterly EPS and revenue figures were not provided, the overall financial performance has been well-received by investors. The company also reported record gross profit, gross margin, and adjusted EBITDA. These developments highlight IDT’s robust financial health and strategic growth trajectory.