Interactive Brokers Group, Inc. (NASDAQ:IBKR) Vice Chairman Earl H. Nemser sold 1,683 shares of the business’s stock in a transaction dated Monday, September 18th. The stock was sold at an average price of $42.29, for a total value of $71,174.07. The sale 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 43.60 on Friday. The firm has a market cap of $3.12 billion, a PE ratio of 42.58 and a beta of 0.94. Interactive Brokers Group, Inc. has a 52-week low of $31.97 and a 52-week high of $44.03. The company’s 50 day moving average price is $41.44 and its 200 day moving average price is $37.48.

Interactive Brokers Group (NASDAQ:IBKR) last posted its quarterly earnings results on Tuesday, July 18th. The financial services provider reported $0.32 EPS for the quarter, missing analysts’ consensus estimates 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 business had revenue of $387.00 million for the quarter, compared to the consensus estimate of $377.65 million. During the same quarter in the previous year, the business posted $0.40 EPS. The company’s revenue for the quarter was up 4.9% on a year-over-year basis. Analysts predict 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 was paid on Thursday, September 14th. Investors of record on Friday, September 1st were issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.92%. The ex-dividend date was Wednesday, August 30th. Interactive Brokers Group’s payout ratio is currently 38.84%.

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A number of analysts have weighed in on IBKR shares. Keefe, Bruyette & Woods reaffirmed a “hold” rating on shares of Interactive Brokers Group in a research report on Friday, May 26th. ValuEngine raised Interactive Brokers Group from a “sell” rating to a “hold” rating in a research report on Thursday, June 8th. Zacks Investment Research raised Interactive Brokers Group from a “sell” rating to a “hold” rating and set a $41.00 price objective for the company in a research report on Tuesday, June 20th. SunTrust Banks, Inc. reissued a “hold” rating and set a $38.00 price objective on shares of Interactive Brokers Group in a research report on Thursday, July 6th. Finally, BidaskClub raised Interactive Brokers Group from a “hold” rating to a “buy” rating in a research report on Thursday, July 6th. One analyst has rated the stock with a sell rating, five have issued a hold rating, one has given a buy rating and one has given a strong buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $40.00.

A number of institutional investors have recently bought and sold shares of IBKR. BlackRock Inc. grew its holdings in Interactive Brokers Group by 75,132.1% during the first quarter. BlackRock Inc. now owns 6,629,451 shares of the financial services provider’s stock worth $230,176,000 after purchasing an additional 6,620,639 shares during the period. Cantillon Capital Management LLC acquired a new stake in Interactive Brokers Group during the second quarter worth approximately $72,067,000. OppenheimerFunds Inc. lifted its position in Interactive Brokers Group by 3,912.4% during the first quarter. OppenheimerFunds Inc. now owns 888,917 shares of the financial services provider’s stock worth $30,863,000 after acquiring an additional 866,763 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC lifted its position in Interactive Brokers Group by 68.6% during the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 1,974,810 shares of the financial services provider’s stock worth $73,898,000 after acquiring an additional 803,838 shares during the last quarter. Finally, Bares Capital Management Inc. lifted its position in Interactive Brokers Group by 24.4% during 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 acquiring an additional 788,086 shares during the last quarter. Institutional investors and hedge funds own 15.01% 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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