Interactive Brokers Group, Inc. (NASDAQ:IBKR) insider Thomas Aj Frank sold 16,071 shares of the company’s stock in a transaction that occurred on Monday, August 7th. The shares were sold at an average price of $40.54, for a total value of $651,518.34. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

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

  • On Thursday, August 3rd, Thomas Aj Frank sold 16,580 shares of Interactive Brokers Group stock. The stock was sold at an average price of $40.42, for a total value of $670,163.60.

Interactive Brokers Group, Inc. (IBKR) traded down 0.10% during trading on Tuesday, reaching $40.33. The company had a trading volume of 248,055 shares. The firm has a market capitalization of $2.79 billion, a P/E ratio of 39.38 and a beta of 0.94. The company has a 50-day moving average of $38.13 and a 200-day moving average of $36.63. 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 announced its 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 net margin of 4.97% and a return on equity of 1.19%. The firm had revenue of $387 million for the quarter, compared to analyst estimates of $377.65 million. During the same period last year, the firm earned $0.40 earnings per share. Interactive Brokers Group’s revenue for the quarter was up 4.9% compared to the same quarter last year. Analysts expect that Interactive Brokers Group, Inc. will post $1.51 EPS for the current fiscal year.

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

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A number of brokerages have recently issued reports on IBKR. BidaskClub raised Interactive Brokers Group from a “hold” rating to a “buy” rating in a research note on Tuesday, August 1st. Zacks Investment Research downgraded Interactive Brokers Group from a “buy” rating to a “hold” rating in a research note on Thursday, July 20th. Rosenblatt Securities began coverage on 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. SunTrust Banks, Inc. reissued a “hold” rating and set a $38.00 target price on shares of Interactive Brokers Group in a research note on Thursday, July 6th. Finally, Keefe, Bruyette & Woods reissued 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, six have issued a hold rating and one has issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $39.17.

A number of large investors have recently modified their holdings of the company. Norges Bank purchased a new position in Interactive Brokers Group during the fourth quarter worth $19,772,000. Quadrature Capital Ltd purchased a new position in Interactive Brokers Group during the fourth quarter worth $520,000. Teachers Advisors LLC raised its position in Interactive Brokers Group by 7.9% in the fourth quarter. Teachers Advisors LLC now owns 66,885 shares of the financial services provider’s stock worth $2,442,000 after buying an additional 4,914 shares in the last quarter. Highbridge Capital Management LLC raised its position in Interactive Brokers Group by 194.8% in the fourth quarter. Highbridge Capital Management LLC now owns 6,543 shares of the financial services provider’s stock worth $239,000 after buying an additional 13,443 shares in the last quarter. Finally, Louisiana State Employees Retirement System raised its position in Interactive Brokers Group by 1.5% in the first quarter. Louisiana State Employees Retirement System now owns 27,700 shares of the financial services provider’s stock worth $962,000 after buying an additional 400 shares in the last quarter. Hedge funds and other institutional investors own 14.25% of the company’s stock.

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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