Interactive Brokers Group, Inc. (NASDAQ:IBKR) insider Thomas Aj Frank sold 16,751 shares of the business’s stock in a transaction on Wednesday, August 9th. The shares were sold at an average price of $40.30, for a total transaction of $675,065.30. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

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

  • On Monday, August 7th, Thomas Aj Frank sold 16,071 shares of Interactive Brokers Group stock. The shares were sold at an average price of $40.54, for a total transaction of $651,518.34.
  • On Thursday, August 3rd, Thomas Aj Frank sold 16,580 shares of Interactive Brokers Group stock. The shares were sold at an average price of $40.42, for a total transaction of $670,163.60.

Interactive Brokers Group, Inc. (NASDAQ:IBKR) traded up 0.10% on Thursday, hitting $40.69. 445,713 shares of the stock traded hands. The company’s 50 day moving average price is $38.45 and its 200-day moving average price is $36.69. Interactive Brokers Group, Inc. has a 52-week low of $31.97 and a 52-week high of $41.00. The stock has a market cap of $2.81 billion, a price-to-earnings ratio of 39.74 and a beta of 0.94.

Interactive Brokers Group (NASDAQ:IBKR) last issued its quarterly earnings results on Tuesday, July 18th. The financial services provider reported $0.32 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.37 by $0.05. The business had revenue of $387 million for the quarter, compared to analysts’ expectations of $377.65 million. Interactive Brokers Group had a return on equity of 1.19% and a net margin of 4.97%. The company’s revenue was up 4.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.40 EPS. On average, analysts forecast that Interactive Brokers Group, Inc. will post $1.51 earnings per share for the current fiscal 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 paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 0.98%. The ex-dividend date is Wednesday, August 30th. Interactive Brokers Group’s dividend payout ratio is presently 38.84%.

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IBKR has been the topic of a number of analyst reports. Keefe, Bruyette & Woods reissued a “buy” rating and set a $41.00 target price on shares of Interactive Brokers Group in a report on Wednesday, April 12th. SunTrust Banks, Inc. reissued a “hold” rating and set a $38.00 target price on shares of Interactive Brokers Group in a report on Wednesday, April 19th. Zacks Investment Research raised shares of Interactive Brokers Group from a “hold” rating to a “buy” rating and set a $42.00 target price on the stock in a report on Monday, July 10th. Finally, BidaskClub raised shares of Interactive Brokers Group from a “hold” rating to a “buy” rating in a report on Thursday, July 6th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and one has given a buy rating to the company. The company has an average rating of “Hold” and an average price target of $39.17.

Several hedge funds and other institutional investors have recently modified their holdings of the company. Norges Bank acquired a new position in shares of Interactive Brokers Group during the fourth quarter valued at $19,772,000. Teachers Advisors LLC boosted its position in shares of 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 valued at $2,442,000 after buying an additional 4,914 shares in the last quarter. Highbridge Capital Management LLC boosted its position in shares of 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 valued at $239,000 after buying an additional 13,443 shares in the last quarter. Louisiana State Employees Retirement System boosted its position in shares of 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 valued at $962,000 after buying an additional 400 shares in the last quarter. Finally, State of Alaska Department of Revenue boosted its position in shares of Interactive Brokers Group by 2.2% in the first quarter. State of Alaska Department of Revenue now owns 7,540 shares of the financial services provider’s stock valued at $261,000 after buying an additional 160 shares in the last quarter. Institutional investors and hedge funds 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.

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

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