Interactive Brokers Group, Inc. (IBKR) Insider Sells $1,599,065.55 in Stock

Interactive Brokers Group, Inc. (NASDAQ:IBKR) insider Thomas Aj Frank sold 33,615 shares of the company’s stock in a transaction that occurred on Monday, October 16th. The shares were sold at an average price of $47.57, for a total value of $1,599,065.55. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Thomas Aj Frank also recently made the following trade(s):

  • On Wednesday, October 18th, Thomas Aj Frank sold 33,700 shares of Interactive Brokers Group stock. The shares were sold at an average price of $48.63, for a total value of $1,638,831.00.
  • On Wednesday, October 11th, Thomas Aj Frank sold 16,109 shares of Interactive Brokers Group stock. The shares were sold at an average price of $47.65, for a total value of $767,593.85.
  • On Thursday, October 12th, Thomas Aj Frank sold 32,772 shares of Interactive Brokers Group stock. The shares were sold at an average price of $47.75, for a total value of $1,564,863.00.
  • On Monday, October 9th, Thomas Aj Frank sold 16,127 shares of Interactive Brokers Group stock. The shares were sold at an average price of $47.63, for a total value of $768,129.01.
  • On Tuesday, October 10th, Thomas Aj Frank sold 32,977 shares of Interactive Brokers Group stock. The shares were sold at an average price of $47.43, for a total value of $1,564,099.11.
  • On Friday, October 6th, Thomas Aj Frank sold 33,266 shares of Interactive Brokers Group stock. The shares were sold at an average price of $47.53, for a total value of $1,581,132.98.
  • On Wednesday, October 4th, Thomas Aj Frank sold 33,105 shares of Interactive Brokers Group stock. The shares were sold at an average price of $47.10, for a total value of $1,559,245.50.
  • On Monday, October 2nd, Thomas Aj Frank sold 32,951 shares of Interactive Brokers Group stock. The shares were sold at an average price of $45.23, for a total value of $1,490,373.73.
  • On Wednesday, September 27th, Thomas Aj Frank sold 16,340 shares of Interactive Brokers Group stock. The shares were sold at an average price of $44.25, for a total value of $723,045.00.
  • On Thursday, September 28th, Thomas Aj Frank sold 32,909 shares of Interactive Brokers Group stock. The shares were sold at an average price of $44.52, for a total value of $1,465,108.68.

Shares of Interactive Brokers Group, Inc. (NASDAQ:IBKR) opened at 49.42 on Friday. Interactive Brokers Group, Inc. has a 12-month low of $31.97 and a 12-month high of $50.73. The stock has a 50 day moving average price of $44.82 and a 200 day moving average price of $39.11. The firm has a market capitalization of $3.51 billion, a P/E ratio of 42.49 and a beta of 0.96.

Interactive Brokers Group (NASDAQ:IBKR) last issued its quarterly earnings results on Tuesday, October 17th. The financial services provider reported $0.43 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.38 by $0.05. Interactive Brokers Group had a return on equity of 1.35% and a net margin of 5.29%. The business had revenue of $426.00 million during the quarter, compared to the consensus estimate of $382.85 million. During the same period in the previous year, the business earned $0.30 EPS. The business’s quarterly revenue was up 23.5% on a year-over-year basis. Equities analysts anticipate that Interactive Brokers Group, Inc. will post $1.63 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 14th. Investors of record on Friday, December 1st will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Thursday, November 30th. This represents a $0.40 dividend on an annualized basis and a yield of 0.81%. Interactive Brokers Group’s dividend payout ratio is currently 34.48%.

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A number of large investors have recently added to or reduced their stakes in the stock. Public Employees Retirement System of Ohio boosted its position in Interactive Brokers Group by 17.0% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 29,342 shares of the financial services provider’s stock valued at $1,098,000 after purchasing an additional 4,260 shares during the period. Piedmont Investment Advisors LLC acquired a new position in Interactive Brokers Group during the 2nd quarter valued at approximately $550,000. The Manufacturers Life Insurance Company boosted its position in Interactive Brokers Group by 27.9% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 2,966 shares of the financial services provider’s stock valued at $111,000 after purchasing an additional 647 shares during the period. Shelton Capital Management acquired a new position in Interactive Brokers Group during the 2nd quarter valued at approximately $253,000. Finally, Western Standard LLC boosted its position in Interactive Brokers Group by 0.7% during the 2nd quarter. Western Standard LLC now owns 75,600 shares of the financial services provider’s stock valued at $2,829,000 after purchasing an additional 500 shares during the period. Institutional investors and hedge funds own 15.01% of the company’s stock.

A number of equities analysts recently issued reports on the company. BidaskClub raised Interactive Brokers Group from a “buy” rating to a “strong-buy” rating in a report on Monday, August 14th. SunTrust Banks, Inc. increased their price objective on Interactive Brokers Group to $48.00 and gave the company an “average” rating in a report on Wednesday. Rosenblatt Securities initiated coverage on Interactive Brokers Group in a report on Thursday, July 13th. They issued a “neutral” rating and a $40.00 price objective for the company. Zacks Investment Research raised Interactive Brokers Group from a “hold” rating to a “buy” rating and set a $47.00 price objective for the company in a report on Tuesday, September 19th. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and issued a $38.00 price objective on shares of Interactive Brokers Group in a report on Friday, June 30th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, one has assigned a buy rating and one has given a strong buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $41.67.

Interactive Brokers Group Company Profile

Interactive Brokers Group, Inc (IBG, Inc) is a holding company. The Company is an automated global electronic broker and market maker specializing in routing orders, and executing and processing trades in securities, futures, foreign exchange instruments, bonds and mutual funds on over 120 electronic exchanges and market centers around the world and offering custody, prime brokerage, securities and margin lending services to customers.

Insider Buying and Selling by Quarter for Interactive Brokers Group (NASDAQ:IBKR)

Insider Buying and Selling by Quarter for Interactive Brokers Group (NASDAQ:IBKR)

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