Interactive Brokers Group SVP Milan Galik Sells 2,000 Shares (IBKR)
Interactive Brokers Group (NASDAQ:IBKR) SVP Milan Galik sold 2,000 shares of the stock in a transaction dated Wednesday, October 9th. The shares were sold at an average price of $19.14, for a total transaction of $38,280.00. Following the sale, the senior vice president now directly owns 779,604 shares in the company, valued at approximately $14,921,621. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
Several analysts have recently commented on the stock. Analysts at Zacks reiterated a “neutral” rating on shares of Interactive Brokers Group 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 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 from a “market perform” rating to an “outperform” rating in a research note to investors on Tuesday, July 16th. Two investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $16.67.
Interactive Brokers Group (NASDAQ:IBKR) traded up 1.26% during mid-day trading on Thursday, hitting $19.36. The stock had a trading volume of 319,936 shares. Interactive Brokers Group has a 1-year low of $13.48 and a 1-year high of $19.69. The stock’s 50-day moving average is $18.04 and its 200-day moving average is $16.39. The company has a market cap of $967.3 million and a P/E ratio of 23.75.
Interactive Brokers Group (NASDAQ:IBKR) last announced its earnings results on Tuesday, July 16th. The company reported $0.21 EPS for the quarter, missing the Thomson Reuters 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. Analysts expect that Interactive Brokers Group will post $0.78 EPS for the current fiscal year.
Interactive Brokers Group, Inc (NASDAQ:IBKR) is a holding company.
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