Interactive Brokers Group, Inc. (NASDAQ:IBKR) Vice Chairman Earl H. Nemser sold 1,674 shares of the business’s stock in a transaction on Wednesday, August 9th. The shares were sold at an average price of $40.31, for a total transaction of $67,478.94. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.

Shares of Interactive Brokers Group, Inc. (NASDAQ IBKR) traded up 0.10% on Thursday, hitting $40.69. The company had a trading volume of 445,713 shares. The company has a market capitalization of $2.81 billion, a P/E ratio of 39.74 and a beta of 0.94. The firm has a 50-day moving average price of $38.45 and a 200 day moving average price of $36.69. Interactive Brokers Group, Inc. has a 12-month low of $31.97 and a 12-month high of $41.00.

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

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 14th. Stockholders of record on Friday, September 1st will be issued a dividend of $0.10 per share. The ex-dividend date is Wednesday, August 30th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.98%. Interactive Brokers Group’s dividend payout ratio (DPR) is currently 38.84%.

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Institutional investors have recently bought and sold shares of the company. BlackRock Inc. boosted its position in shares of 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 worth $230,176,000 after buying an additional 6,620,639 shares during the last quarter. Baillie Gifford & Co. raised its stake in Interactive Brokers Group by 3.8% in the second quarter. Baillie Gifford & Co. now owns 5,941,025 shares of the financial services provider’s stock worth $222,313,000 after buying an additional 215,591 shares during the period. Vanguard Group Inc. raised 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 worth $202,144,000 after buying an additional 320,626 shares during the period. Bares Capital Management Inc. raised 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 worth $139,387,000 after buying an additional 788,086 shares during the period. Finally, TPG Group Holdings SBS Advisors Inc. raised 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 worth $75,753,000 after buying an additional 249,103 shares during the period. 14.25% of the stock is owned by institutional investors.

IBKR has been the subject of several research analyst reports. Keefe, Bruyette & Woods reaffirmed a “buy” rating and issued a $41.00 price objective on shares of Interactive Brokers Group in a report on Wednesday, April 12th. Zacks Investment Research upgraded shares of Interactive Brokers Group from a “sell” rating to a “hold” rating in a research report on Wednesday, April 19th. SunTrust Banks, Inc. restated a “hold” rating and set a $38.00 price objective on shares of Interactive Brokers Group in a report on Wednesday, April 19th. ValuEngine upgraded Interactive Brokers Group from a “sell” rating to a “hold” rating in a report on Thursday, June 8th. Finally, BidaskClub upgraded Interactive Brokers Group from a “hold” rating to a “buy” rating in a report on Thursday, July 6th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and one has assigned a buy rating to the company’s stock. Interactive Brokers Group currently has a consensus rating of “Hold” and an average target price 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.

Insider Buying and Selling by Quarter for Interactive Brokers Group (NASDAQ:IBKR)

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