Interactive Brokers Group, Inc. (NASDAQ:IBKR) insider Thomas Aj Frank sold 32,543 shares of Interactive Brokers Group stock in a transaction dated Wednesday, September 20th. The shares were sold at an average price of $43.46, for a total value of $1,414,318.78. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

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

  • On Monday, September 18th, Thomas Aj Frank sold 25,268 shares of Interactive Brokers Group stock. The shares were sold at an average price of $42.43, for a total value of $1,072,121.24.
  • On Thursday, September 14th, Thomas Aj Frank sold 16,666 shares of Interactive Brokers Group stock. The shares were sold at an average price of $41.94, for a total value of $698,972.04.
  • On Tuesday, September 12th, Thomas Aj Frank sold 16,836 shares of Interactive Brokers Group stock. The shares were sold at an average price of $41.90, for a total value of $705,428.40.
  • On Friday, September 8th, Thomas Aj Frank sold 16,240 shares of Interactive Brokers Group stock. The shares were sold at an average price of $41.39, for a total value of $672,173.60.
  • On Wednesday, September 6th, Thomas Aj Frank sold 20,218 shares of Interactive Brokers Group stock. The shares were sold at an average price of $41.99, for a total value of $848,953.82.
  • On Friday, September 1st, Thomas Aj Frank sold 25,098 shares of Interactive Brokers Group stock. The stock was sold at an average price of $42.09, for a total value of $1,056,374.82.
  • On Wednesday, August 30th, Thomas Aj Frank sold 16,240 shares of Interactive Brokers Group stock. The stock was sold at an average price of $41.63, for a total value of $676,071.20.
  • On Monday, August 28th, Thomas Aj Frank sold 19,588 shares of Interactive Brokers Group stock. The stock was sold at an average price of $42.29, for a total value of $828,376.52.
  • On Thursday, August 24th, Thomas Aj Frank sold 16,241 shares of Interactive Brokers Group stock. The stock was sold at an average price of $41.72, for a total value of $677,574.52.
  • On Tuesday, August 22nd, Thomas Aj Frank sold 16,496 shares of Interactive Brokers Group stock. The stock was sold at an average price of $40.94, for a total value of $675,346.24.

Interactive Brokers Group, Inc. (IBKR) opened at 44.15 on Friday. The company’s 50-day moving average price is $41.44 and its 200 day moving average price is $37.48. The firm has a market capitalization of $3.16 billion, a PE ratio of 43.12 and a beta of 0.94. Interactive Brokers Group, Inc. has a 12 month low of $31.97 and a 12 month high of $44.27.

Interactive Brokers Group (NASDAQ:IBKR) last announced its earnings results on Tuesday, July 18th. The financial services provider reported $0.32 earnings per share 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 during the quarter, compared to analysts’ expectations of $377.65 million. During the same quarter in the previous year, the firm earned $0.40 EPS. Interactive Brokers Group’s quarterly revenue was up 4.9% on a year-over-year basis. On average, equities research analysts predict that Interactive Brokers Group, Inc. will post $1.51 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 14th. Stockholders of record on Friday, September 1st were paid a $0.10 dividend. The ex-dividend date of this dividend was Wednesday, August 30th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.91%. Interactive Brokers Group’s payout ratio is presently 38.84%.

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Hedge funds and other institutional investors have recently made changes to their positions in the company. The Manufacturers Life Insurance Company boosted its stake in shares of Interactive Brokers Group by 27.9% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 2,966 shares of the financial services provider’s stock worth $111,000 after buying an additional 647 shares during the last quarter. Riverhead Capital Management LLC boosted its stake in shares of Interactive Brokers Group by 71.9% in the 2nd quarter. Riverhead Capital Management LLC now owns 3,095 shares of the financial services provider’s stock worth $116,000 after buying an additional 1,295 shares during the last quarter. Elkfork Partners LLC boosted its stake in shares of Interactive Brokers Group by 42.1% in the 1st quarter. Elkfork Partners LLC now owns 3,564 shares of the financial services provider’s stock worth $124,000 after buying an additional 1,056 shares during the last quarter. Meadow Creek Investment Management LLC boosted its stake in shares of Interactive Brokers Group by 42.1% in the 1st quarter. Meadow Creek Investment Management LLC now owns 4,536 shares of the financial services provider’s stock worth $158,000 after buying an additional 1,344 shares during the last quarter. Finally, Hartford Investment Management Co. purchased a new position in shares of Interactive Brokers Group in the 2nd quarter worth approximately $239,000. Hedge funds and other institutional investors own 15.01% of the company’s stock.

Several brokerages have recently weighed in on IBKR. Zacks Investment Research raised Interactive Brokers Group from a “hold” rating to a “buy” rating and set a $47.00 price objective on the stock in a report on Tuesday, September 19th. BidaskClub raised Interactive Brokers Group from a “buy” rating to a “strong-buy” rating in a research note on Monday, August 14th. Rosenblatt Securities started coverage on Interactive Brokers Group in a research note on Thursday, July 13th. They issued a “neutral” rating and a $40.00 price objective on the stock. SunTrust Banks, Inc. reissued a “hold” rating and issued a $38.00 price objective on shares of Interactive Brokers Group in a research note on Thursday, July 6th. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and issued a $38.00 price objective on shares of Interactive Brokers Group in a research note on Friday, June 30th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $40.00.

Interactive Brokers Group Company Profile

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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