Interactive Brokers Group, Inc. (NASDAQ:IBKR) Insider Sells $3,948,983.50 in Stock

Interactive Brokers Group, Inc. (NASDAQ:IBKR) insider Thomas Aj Frank sold 73,265 shares of the business’s stock in a transaction that occurred on Wednesday, November 1st. The shares were sold at an average price of $53.90, for a total value of $3,948,983.50. The transaction was disclosed in a filing with the SEC, which is available through this link.

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

  • On Tuesday, November 7th, Thomas Aj Frank sold 54,903 shares of Interactive Brokers Group stock. The shares were sold at an average price of $54.21, for a total value of $2,976,291.63.
  • On Friday, November 3rd, Thomas Aj Frank sold 35,977 shares of Interactive Brokers Group stock. The shares were sold at an average price of $53.83, for a total value of $1,936,641.91.
  • On Monday, October 30th, Thomas Aj Frank sold 44,784 shares of Interactive Brokers Group stock. The shares were sold at an average price of $53.23, for a total value of $2,383,852.32.
  • On Thursday, October 26th, Thomas Aj Frank sold 29,764 shares of Interactive Brokers Group stock. The shares were sold at an average price of $51.52, for a total value of $1,533,441.28.
  • On Tuesday, October 24th, Thomas Aj Frank sold 32,670 shares of Interactive Brokers Group stock. The shares were sold at an average price of $50.59, for a total value of $1,652,775.30.
  • On Friday, October 20th, Thomas Aj Frank sold 33,700 shares of Interactive Brokers Group stock. The shares were sold at an average price of $49.38, for a total value of $1,664,106.00.
  • 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 Monday, October 16th, Thomas Aj Frank sold 33,615 shares of Interactive Brokers Group stock. The shares were sold at an average price of $47.57, for a total value of $1,599,065.55.
  • 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.

Interactive Brokers Group, Inc. (NASDAQ IBKR) opened at $54.05 on Wednesday. Interactive Brokers Group, Inc. has a 12-month low of $33.01 and a 12-month high of $55.66. The stock has a market capitalization of $22,190.58, a price-to-earnings ratio of 46.47, a PEG ratio of 2.73 and a beta of 1.01.

Interactive Brokers Group (NASDAQ:IBKR) last posted its quarterly earnings results on Tuesday, October 17th. The financial services provider reported $0.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $382.85 million. During the same quarter in the prior year, the company earned $0.30 EPS. The business’s revenue was up 23.5% compared to the same quarter last year. equities analysts anticipate that Interactive Brokers Group, Inc. will post 1.47 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 14th. Stockholders 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 dividend yield of 0.74%. The ex-dividend date of this dividend is Thursday, November 30th. Interactive Brokers Group’s payout ratio is 34.48%.

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Several brokerages have commented on IBKR. SunTrust Banks, Inc. upped their price objective on Interactive Brokers Group to $48.00 and gave the company an “average” rating in a research report on Wednesday, October 18th. Zacks Investment Research raised Interactive Brokers Group from a “hold” rating to a “buy” rating and set a $47.00 price objective on the stock in a research report on Tuesday, September 19th. Finally, BidaskClub raised Interactive Brokers Group from a “buy” rating to a “strong-buy” rating in a research report on Monday, August 14th. One research analyst has rated the stock with a sell rating, five have issued a hold rating, one has assigned a buy rating and one has given a strong buy rating to the stock. Interactive Brokers Group currently has a consensus rating of “Hold” and an average price target of $41.67.

Several institutional investors and hedge funds have recently bought and sold shares of the company. Point72 Asset Management L.P. bought a new position in shares of Interactive Brokers Group during the 3rd quarter worth $410,000. Abrams Bison Investments LLC purchased a new stake in shares of Interactive Brokers Group during the 3rd quarter worth $9,864,000. Engineers Gate Manager LP purchased a new stake in shares of Interactive Brokers Group during the 3rd quarter worth $955,000. Ruane Cunniff & Goldfarb Inc. lifted its stake in shares of Interactive Brokers Group by 13.6% during the 3rd quarter. Ruane Cunniff & Goldfarb Inc. now owns 1,713,298 shares of the financial services provider’s stock worth $77,167,000 after purchasing an additional 204,865 shares during the last quarter. Finally, Stifel Financial Corp purchased a new stake in shares of Interactive Brokers Group during the 3rd quarter worth $397,000. 15.29% of the stock is currently owned by institutional investors and hedge funds.

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)

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