Interactive Brokers Group, Inc. (NASDAQ:IBKR) Vice Chairman Earl H. Nemser sold 1,608 shares of the business’s stock in a transaction on Thursday, October 12th. The stock was sold at an average price of $47.78, for a total value of $76,830.24. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Interactive Brokers Group, Inc. (NASDAQ IBKR) remained flat at $47.64 during midday trading on Friday. The company had a trading volume of 310,836 shares. Interactive Brokers Group, Inc. has a 12-month low of $31.97 and a 12-month high of $48.15. The firm’s 50 day moving average price is $43.91 and its 200 day moving average price is $38.62. The company has a market capitalization of $3.40 billion, a P/E ratio of 46.52 and a beta of 0.96.

Interactive Brokers Group (NASDAQ:IBKR) last issued its quarterly earnings data on Tuesday, July 18th. The financial services provider reported $0.32 earnings per share for the quarter, missing the consensus estimate of $0.37 by ($0.05). The business had revenue of $387.00 million during the quarter, compared to the consensus estimate of $377.65 million. Interactive Brokers Group had a return on equity of 1.19% and a net margin of 4.97%. The business’s revenue for the quarter was up 4.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.40 EPS. Equities analysts expect that Interactive Brokers Group, Inc. will post $1.56 earnings per share for the current year.

The company also recently declared a quarterly dividend, which was paid on Thursday, September 14th. Shareholders of record on Friday, September 1st were given a dividend of $0.10 per share. The ex-dividend date of this dividend was Wednesday, August 30th. This represents a $0.40 dividend on an annualized basis and a yield of 0.84%. Interactive Brokers Group’s dividend payout ratio (DPR) is currently 38.84%.

WARNING: “Insider Selling: Interactive Brokers Group, Inc. (IBKR) Vice Chairman Sells 1,608 Shares of Stock” was posted by Daily Political and is owned by of Daily Political. If you are reading this piece on another site, it was illegally stolen and republished in violation of international trademark & copyright legislation. The original version of this piece can be viewed at https://www.dailypolitical.com/2017/10/13/insider-selling-interactive-brokers-group-inc-ibkr-vice-chairman-sells-1608-shares-of-stock.html.

Several research analysts recently weighed in on IBKR shares. Keefe, Bruyette & Woods reissued a “hold” rating and set a $38.00 price target on shares of Interactive Brokers Group in a research report on Friday, June 30th. SunTrust Banks, Inc. restated a “hold” rating and issued a $38.00 target price on shares of Interactive Brokers Group in a research note on Thursday, July 6th. BidaskClub upgraded Interactive Brokers Group from a “hold” rating to a “buy” rating in a research note on Thursday, July 6th. Zacks Investment Research downgraded Interactive Brokers Group from a “buy” rating to a “hold” rating in a research note on Friday, July 7th. Finally, 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 price target for the company. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $40.33.

A number of institutional investors and hedge funds have recently modified their holdings of the business. Municipal Employees Retirement System of Michigan boosted its position in Interactive Brokers Group by 1.2% during the first quarter. Municipal Employees Retirement System of Michigan now owns 15,530 shares of the financial services provider’s stock valued at $539,000 after acquiring an additional 190 shares during the last quarter. Alliancebernstein L.P. boosted its position in Interactive Brokers Group by 0.6% during the second quarter. Alliancebernstein L.P. now owns 34,504 shares of the financial services provider’s stock valued at $1,291,000 after acquiring an additional 196 shares during the last quarter. Gamco Investors INC. ET AL boosted its position in Interactive Brokers Group by 0.7% during the second quarter. Gamco Investors INC. ET AL now owns 29,100 shares of the financial services provider’s stock valued at $1,089,000 after acquiring an additional 200 shares during the last quarter. Prudential Financial Inc. boosted its position in Interactive Brokers Group by 0.3% during the first quarter. Prudential Financial Inc. now owns 113,689 shares of the financial services provider’s stock valued at $3,947,000 after acquiring an additional 390 shares during the last quarter. Finally, Texas Permanent School Fund boosted its position in Interactive Brokers Group by 0.8% during the second quarter. Texas Permanent School Fund now owns 49,638 shares of the financial services provider’s stock valued at $1,857,000 after acquiring an additional 416 shares during the last quarter. 15.01% of the stock is currently owned by institutional investors and hedge funds.

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)

Receive News & Ratings for Interactive Brokers Group Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Interactive Brokers Group Inc. and related companies with MarketBeat.com's FREE daily email newsletter.