Interactive Brokers Group, Inc. (IBKR) CFO Paul Jonathan Brody Sells 10,894 Shares

Interactive Brokers Group, Inc. (NASDAQ:IBKR) CFO Paul Jonathan Brody sold 10,894 shares of the firm’s stock in a transaction dated Monday, September 18th. The stock was sold at an average price of $42.34, for a total transaction of $461,251.96. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

  • On Thursday, September 14th, Paul Jonathan Brody sold 11,310 shares of Interactive Brokers Group stock. The stock was sold at an average price of $41.95, for a total transaction of $474,454.50.
  • On Tuesday, September 12th, Paul Jonathan Brody sold 11,380 shares of Interactive Brokers Group stock. The stock was sold at an average price of $41.89, for a total transaction of $476,708.20.
  • On Friday, September 8th, Paul Jonathan Brody sold 11,380 shares of Interactive Brokers Group stock. The stock was sold at an average price of $41.38, for a total transaction of $470,904.40.
  • On Wednesday, September 6th, Paul Jonathan Brody sold 10,825 shares of Interactive Brokers Group stock. The stock was sold at an average price of $41.86, for a total transaction of $453,134.50.
  • On Friday, September 1st, Paul Jonathan Brody sold 11,380 shares of Interactive Brokers Group stock. The stock was sold at an average price of $41.81, for a total transaction of $475,797.80.
  • On Wednesday, August 30th, Paul Jonathan Brody sold 11,519 shares of Interactive Brokers Group stock. The stock was sold at an average price of $41.65, for a total transaction of $479,766.35.
  • On Monday, August 28th, Paul Jonathan Brody sold 10,686 shares of Interactive Brokers Group stock. The shares were sold at an average price of $42.25, for a total transaction of $451,483.50.
  • On Thursday, August 24th, Paul Jonathan Brody sold 11,519 shares of Interactive Brokers Group stock. The shares were sold at an average price of $41.72, for a total transaction of $480,572.68.
  • On Tuesday, August 22nd, Paul Jonathan Brody sold 11,285 shares of Interactive Brokers Group stock. The shares were sold at an average price of $40.94, for a total transaction of $462,007.90.
  • On Friday, August 18th, Paul Jonathan Brody sold 11,103 shares of Interactive Brokers Group stock. The shares were sold at an average price of $40.77, for a total transaction of $452,669.31.

Shares of Interactive Brokers Group, Inc. (IBKR) traded up 1.33% during midday trading on Tuesday, hitting $43.44. 555,763 shares of the company traded hands. The stock has a market capitalization of $3.10 billion, a P/E ratio of 42.42 and a beta of 0.94. Interactive Brokers Group, Inc. has a 52 week low of $31.97 and a 52 week high of $43.56. The company has a 50-day moving average price of $41.34 and a 200-day moving average price of $37.44.

Interactive Brokers Group (NASDAQ:IBKR) last posted its earnings results on Tuesday, July 18th. The financial services provider reported $0.32 EPS for the quarter, missing the Zacks’ consensus estimate of $0.37 by ($0.05). Interactive Brokers Group had a net margin of 4.97% and a return on equity of 1.19%. The firm had revenue of $387.00 million for the quarter, compared to analysts’ expectations of $377.65 million. During the same period in the previous year, the company earned $0.40 EPS. The company’s revenue was up 4.9% on a year-over-year basis. Analysts anticipate that Interactive Brokers Group, Inc. will post $1.51 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Thursday, September 14th. Investors of record on Friday, September 1st were given a dividend of $0.10 per share. The ex-dividend date was Wednesday, August 30th. This represents a $0.40 dividend on an annualized basis and a yield of 0.93%. Interactive Brokers Group’s payout ratio is 38.84%.

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A number of large investors have recently bought and sold shares of IBKR. The Manufacturers Life Insurance Company lifted its position in Interactive Brokers Group by 27.9% during the second quarter. The Manufacturers Life Insurance Company now owns 2,966 shares of the financial services provider’s stock valued at $111,000 after acquiring an additional 647 shares during the last quarter. Riverhead Capital Management LLC lifted its position in Interactive Brokers Group by 71.9% during the second quarter. Riverhead Capital Management LLC now owns 3,095 shares of the financial services provider’s stock valued at $116,000 after acquiring an additional 1,295 shares during the last quarter. Elkfork Partners LLC lifted its position in Interactive Brokers Group by 42.1% during the first quarter. Elkfork Partners LLC now owns 3,564 shares of the financial services provider’s stock valued at $124,000 after acquiring an additional 1,056 shares during the last quarter. Meadow Creek Investment Management LLC lifted its position in Interactive Brokers Group by 42.1% during the first quarter. Meadow Creek Investment Management LLC now owns 4,536 shares of the financial services provider’s stock valued at $158,000 after acquiring an additional 1,344 shares during the last quarter. Finally, BlueCrest Capital Management Ltd purchased a new stake in Interactive Brokers Group during the first quarter valued at approximately $224,000. 15.01% of the stock is owned by institutional investors.

A number of brokerages have weighed in on IBKR. BidaskClub raised shares of Interactive Brokers Group from a “buy” rating to a “strong-buy” rating in a research note on Monday, August 14th. Zacks Investment Research raised shares of Interactive Brokers Group from a “hold” rating to a “buy” rating and set a $47.00 target price for the company in a research note on Tuesday. Rosenblatt Securities began coverage on shares of Interactive Brokers Group in a research note on Thursday, July 13th. They set a “neutral” rating and a $40.00 target price for the company. ValuEngine raised shares of Interactive Brokers Group from a “sell” rating to a “hold” rating in a research note on Thursday, June 8th. Finally, Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $38.00 target price on shares of Interactive Brokers Group in a research note on Friday, June 30th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $40.00.

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)

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