Interactive Brokers Group, Inc. (NASDAQ:IBKR) insider Thomas Aj Frank sold 29,840 shares of the stock in a transaction that occurred on Wednesday, September 5th. The stock was sold at an average price of $62.49, for a total value of $1,864,701.60. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

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

  • On Thursday, August 30th, Thomas Aj Frank sold 24,756 shares of Interactive Brokers Group stock. The stock was sold at an average price of $62.11, for a total value of $1,537,595.16.
  • On Tuesday, August 28th, Thomas Aj Frank sold 54,972 shares of Interactive Brokers Group stock. The stock was sold at an average price of $62.17, for a total value of $3,417,609.24.
  • On Tuesday, August 21st, Thomas Aj Frank sold 28,776 shares of Interactive Brokers Group stock. The stock was sold at an average price of $62.11, for a total value of $1,787,277.36.
  • On Monday, August 13th, Thomas Aj Frank sold 30,951 shares of Interactive Brokers Group stock. The stock was sold at an average price of $62.05, for a total value of $1,920,509.55.
  • On Thursday, August 9th, Thomas Aj Frank sold 7,812 shares of Interactive Brokers Group stock. The stock was sold at an average price of $62.02, for a total value of $484,500.24.

Shares of IBKR opened at $60.75 on Friday. Interactive Brokers Group, Inc. has a 12-month low of $41.03 and a 12-month high of $80.32. The firm has a market capitalization of $24.59 billion, a P/E ratio of 39.71, a PEG ratio of 1.36 and a beta of 0.99.

Interactive Brokers Group (NASDAQ:IBKR) last issued its earnings results on Tuesday, July 17th. The financial services provider reported $0.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.53 by $0.05. Interactive Brokers Group had a return on equity of 2.29% and a net margin of 5.19%. The company had revenue of $445.00 million for the quarter, compared to analysts’ expectations of $409.02 million. During the same period last year, the business earned $0.32 EPS. Interactive Brokers Group’s quarterly revenue was up 15.0% compared to the same quarter last year. analysts predict that Interactive Brokers Group, Inc. will post 2.29 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, September 14th. Investors of record on Friday, August 31st will be issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.66%. The ex-dividend date is Thursday, August 30th. Interactive Brokers Group’s dividend payout ratio is currently 26.14%.

Institutional investors and hedge funds have recently modified their holdings of the stock. TLP Group LLC bought a new position in shares of Interactive Brokers Group in the 1st quarter worth $168,000. Mckinley Capital Management LLC Delaware lifted its holdings in shares of Interactive Brokers Group by 66.2% in the 1st quarter. Mckinley Capital Management LLC Delaware now owns 3,146 shares of the financial services provider’s stock worth $212,000 after purchasing an additional 1,253 shares in the last quarter. Meeder Asset Management Inc. lifted its holdings in shares of Interactive Brokers Group by 595.4% in the 2nd quarter. Meeder Asset Management Inc. now owns 3,456 shares of the financial services provider’s stock worth $223,000 after purchasing an additional 2,959 shares in the last quarter. Ardsley Advisory Partners bought a new position in shares of Interactive Brokers Group in the 2nd quarter worth $258,000. Finally, Barings LLC bought a new position in shares of Interactive Brokers Group in the 2nd quarter worth $264,000. Institutional investors own 14.79% of the company’s stock.

A number of equities analysts have issued reports on the company. Zacks Investment Research cut Interactive Brokers Group from a “buy” rating to a “hold” rating in a report on Saturday, July 14th. BidaskClub cut Interactive Brokers Group from a “sell” rating to a “strong sell” rating in a report on Wednesday, August 1st. SunTrust Banks cut their price target on Interactive Brokers Group to $71.00 and set a “$65.34” rating on the stock in a report on Wednesday, July 18th. Finally, Compass Point assumed coverage on Interactive Brokers Group in a report on Tuesday, June 5th. They set a “neutral” rating and a $74.00 price target on the stock. Three equities research analysts have rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $69.86.

About Interactive Brokers Group

Interactive Brokers Group, Inc operates as an automated electronic broker in approximately 120 electronic exchanges and market centers worldwide. It specializes in executing and clearing trades in securities, futures, foreign exchange instruments, bonds, and mutual funds. The company custodies and services accounts for hedge and mutual funds, registered investment advisors, proprietary trading groups, introducing brokers, and individual investors.

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

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