Interactive Brokers Group SVP Sells $34,420 in Stock (IBKR)
Interactive Brokers Group (NASDAQ:IBKR) SVP Milan Galik unloaded 2,000 shares of the stock in a transaction dated Monday, September 9th. The shares were sold at an average price of $17.21, for a total transaction of $34,420.00. Following the completion of the transaction, the senior vice president now directly owns 801,604 shares in the company. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.
A number of research firms have recently commented on IBKR. Analysts at Zacks reiterated a “neutral” rating on shares of Interactive Brokers Group (NASDAQ:IBKR) in a research note to investors on Friday, August 23rd. They now have a $18.00 price target on the stock. Separately, analysts at TheStreet upgraded shares of Interactive Brokers Group (NASDAQ:IBKR) from a “hold” rating to a “buy” rating in a research note to investors on Thursday, July 18th. Finally, analysts at Keefe, Bruyette & Woods upgraded shares of Interactive Brokers Group (NASDAQ:IBKR) from a “market perform” rating to an “outperform” rating in a research note to investors on Tuesday, July 16th.
Two research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The company has a consensus rating of “Buy” and an average price target of $16.67.
Shares of Interactive Brokers Group (NASDAQ:IBKR) traded up 0.29% during mid-day trading on Tuesday, hitting $17.40. 150,339 shares of the company’s stock traded hands. Interactive Brokers Group has a one year low of $13.48 and a one year high of $17.61. The stock has a 50-day moving average of $16.89 and a 200-day moving average of $15.80. The company has a market cap of $869.4 million and a price-to-earnings ratio of 21.55.
Interactive Brokers Group (NASDAQ:IBKR) last released its earnings data on Tuesday, July 16th. The company reported $0.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.25 by $0.04. The company had revenue of $284.00 million for the quarter, compared to the consensus estimate of $319.78 million. During the same quarter in the prior year, the company posted $0.17 earnings per share. The company’s quarterly revenue was up 8.8% on a year-over-year basis. On average, analysts predict that Interactive Brokers Group will post $0.73 earnings per share for the current fiscal year.
Interactive Brokers Group, Inc (NASDAQ:IBKR) is a holding company.
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