Interactive Brokers Group, Inc. (NASDAQ:IBKR) insider Thomas Aj Frank sold 16,580 shares of Interactive Brokers Group stock in a transaction that occurred on Thursday, August 3rd. The stock was sold at an average price of $40.42, for a total value of $670,163.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Interactive Brokers Group, Inc. (NASDAQ IBKR) opened at 40.54 on Monday. The firm has a 50-day moving average price of $37.82 and a 200 day moving average price of $36.54. The firm has a market capitalization of $2.80 billion, a price-to-earnings ratio of 39.59 and a beta of 0.94. Interactive Brokers Group, Inc. has a 52 week low of $31.97 and a 52 week high of $41.00.

Interactive Brokers Group (NASDAQ:IBKR) last posted its quarterly earnings results on Tuesday, July 18th. The financial services provider reported $0.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.37 by $0.05. Interactive Brokers Group had a return on equity of 1.19% and a net margin of 4.97%. The company had revenue of $387 million for the quarter, compared to the consensus estimate of $377.65 million. During the same quarter in the previous year, the business earned $0.40 earnings per share. Interactive Brokers Group’s revenue was up 4.9% compared to the same quarter last year. On average, equities research analysts forecast that Interactive Brokers Group, Inc. will post $1.51 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 14th. Shareholders of record on Friday, September 1st will be issued a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 0.99%. The ex-dividend date is Wednesday, August 30th. Interactive Brokers Group’s dividend payout ratio (DPR) is currently 38.84%.

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A number of large investors have recently added to or reduced their stakes in IBKR. BlackRock Inc. boosted its stake in Interactive Brokers Group by 75,132.1% in the first quarter. BlackRock Inc. now owns 6,629,451 shares of the financial services provider’s stock valued at $230,176,000 after buying an additional 6,620,639 shares during the period. Vanguard Group Inc. boosted its stake in Interactive Brokers Group by 5.8% in the first quarter. Vanguard Group Inc. now owns 5,822,138 shares of the financial services provider’s stock valued at $202,144,000 after buying an additional 320,626 shares during the period. Baillie Gifford & Co. boosted its stake in Interactive Brokers Group by 4.1% in the first quarter. Baillie Gifford & Co. now owns 5,725,434 shares of the financial services provider’s stock valued at $198,787,000 after buying an additional 226,195 shares during the period. Bares Capital Management Inc. boosted its stake in Interactive Brokers Group by 24.4% in the first quarter. Bares Capital Management Inc. now owns 4,014,605 shares of the financial services provider’s stock valued at $139,387,000 after buying an additional 788,086 shares during the period. Finally, TPG Group Holdings SBS Advisors Inc. boosted its stake in Interactive Brokers Group by 12.9% in the first quarter. TPG Group Holdings SBS Advisors Inc. now owns 2,181,816 shares of the financial services provider’s stock valued at $75,753,000 after buying an additional 249,103 shares during the period. Institutional investors and hedge funds own 14.25% of the company’s stock.

IBKR has been the topic of a number of recent analyst reports. Keefe, Bruyette & Woods reaffirmed a “buy” rating and issued a $41.00 price objective on shares of Interactive Brokers Group in a research note on Wednesday, April 12th. Zacks Investment Research raised Interactive Brokers Group from a “sell” rating to a “hold” rating in a research note on Wednesday, April 19th. SunTrust Banks, Inc. reaffirmed a “hold” rating and issued a $38.00 price objective on shares of Interactive Brokers Group in a research note on Wednesday, April 19th. ValuEngine raised Interactive Brokers Group from a “sell” rating to a “hold” rating in a research note on Thursday, June 8th. Finally, BidaskClub raised Interactive Brokers Group from a “hold” rating to a “buy” rating in a research note on Thursday, July 6th. One analyst has rated the stock with a sell rating, six have issued a hold rating and one has given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $39.17.

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.

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