Paul Jonathan Brody Sells 11,311 Shares of Interactive Brokers Group, Inc. (IBKR) Stock

Interactive Brokers Group, Inc. (NASDAQ:IBKR) CFO Paul Jonathan Brody sold 11,311 shares of the stock in a transaction dated Wednesday, October 18th. The shares were sold at an average price of $48.63, for a total transaction of $550,053.93. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Paul Jonathan Brody also recently made the following trade(s):

  • On Monday, October 16th, Paul Jonathan Brody sold 11,033 shares of Interactive Brokers Group stock. The shares were sold at an average price of $47.58, for a total transaction of $524,950.14.
  • On Wednesday, October 11th, Paul Jonathan Brody sold 5,759 shares of Interactive Brokers Group stock. The shares were sold at an average price of $47.64, for a total transaction of $274,358.76.
  • On Thursday, October 12th, Paul Jonathan Brody sold 11,241 shares of Interactive Brokers Group stock. The shares were sold at an average price of $47.73, for a total transaction of $536,532.93.
  • On Monday, October 9th, Paul Jonathan Brody sold 5,412 shares of Interactive Brokers Group stock. The shares were sold at an average price of $47.64, for a total transaction of $257,827.68.
  • On Tuesday, October 10th, Paul Jonathan Brody sold 10,339 shares of Interactive Brokers Group stock. The shares were sold at an average price of $47.45, for a total transaction of $490,585.55.
  • On Friday, October 6th, Paul Jonathan Brody sold 11,519 shares of Interactive Brokers Group stock. The shares were sold at an average price of $47.53, for a total transaction of $547,498.07.
  • On Wednesday, October 4th, Paul Jonathan Brody sold 10,617 shares of Interactive Brokers Group stock. The shares were sold at an average price of $47.11, for a total transaction of $500,166.87.
  • On Monday, October 2nd, Paul Jonathan Brody sold 11,310 shares of Interactive Brokers Group stock. The shares were sold at an average price of $45.20, for a total transaction of $511,212.00.
  • On Wednesday, September 27th, Paul Jonathan Brody sold 5,759 shares of Interactive Brokers Group stock. The shares were sold at an average price of $44.27, for a total transaction of $254,950.93.
  • On Thursday, September 28th, Paul Jonathan Brody sold 11,172 shares of Interactive Brokers Group stock. The shares were sold at an average price of $44.52, for a total transaction of $497,377.44.

Shares of Interactive Brokers Group, Inc. (NASDAQ IBKR) opened at 49.39 on Friday. The firm has a market cap of $3.51 billion, a price-to-earnings ratio of 42.47 and a beta of 0.96. Interactive Brokers Group, Inc. has a 12 month low of $31.97 and a 12 month high of $50.73. The company’s 50-day moving average is $45.03 and its 200-day moving average is $39.22.

Interactive Brokers Group (NASDAQ:IBKR) last released its earnings results on Tuesday, October 17th. The financial services provider reported $0.43 earnings per share for the quarter, topping the consensus estimate of $0.38 by $0.05. The business had revenue of $426.00 million for the quarter, compared to the consensus estimate of $382.85 million. Interactive Brokers Group had a net margin of 5.29% and a return on equity of 1.35%. The firm’s quarterly revenue was up 23.5% compared to the same quarter last year. During the same period last year, the firm posted $0.30 earnings per share. On average, equities research analysts forecast 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. This represents a $0.40 dividend on an annualized basis and a yield of 0.81%. The ex-dividend date is Thursday, November 30th. Interactive Brokers Group’s payout ratio is presently 34.48%.

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A number of institutional investors and hedge funds have recently made changes to their positions in IBKR. UBS Asset Management Americas Inc. grew its position in Interactive Brokers Group by 45.2% during the first quarter. UBS Asset Management Americas Inc. now owns 44,953 shares of the financial services provider’s stock valued at $1,561,000 after purchasing an additional 13,986 shares in the last quarter. Karp Capital Management Corp purchased a new position in Interactive Brokers Group during the first quarter valued at approximately $366,000. Parametric Portfolio Associates LLC grew its position in Interactive Brokers Group by 27.1% during the first quarter. Parametric Portfolio Associates LLC now owns 107,517 shares of the financial services provider’s stock valued at $3,733,000 after purchasing an additional 22,928 shares in the last quarter. Prudential Financial Inc. grew its position in Interactive Brokers Group by 0.3% during the first quarter. Prudential Financial Inc. now owns 113,689 shares of the financial services provider’s stock valued at $3,947,000 after purchasing an additional 390 shares in the last quarter. Finally, Victory Capital Management Inc. grew its position in Interactive Brokers Group by 50.0% during the first quarter. Victory Capital Management Inc. now owns 30,999 shares of the financial services provider’s stock valued at $1,076,000 after purchasing an additional 10,327 shares in the last quarter. 15.01% of the stock is currently owned by hedge funds and other institutional investors.

Several analysts have recently commented on IBKR shares. Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $38.00 price target on shares of Interactive Brokers Group in a research report on Friday, June 30th. SunTrust Banks, Inc. reiterated a “hold” rating and issued a $38.00 price target on shares of Interactive Brokers Group in a research report on Thursday, July 6th. BidaskClub upgraded shares of Interactive Brokers Group from a “hold” rating to a “buy” rating in a research report on Thursday, July 6th. Zacks Investment Research lowered shares of Interactive Brokers Group from a “buy” rating to a “hold” rating in a research report on Friday, July 7th. Finally, Rosenblatt Securities started coverage on shares of Interactive Brokers Group in a research report on Thursday, July 13th. They issued a “neutral” rating and a $40.00 price target on the stock. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $41.67.

About Interactive Brokers Group

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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