Interactive Brokers Group SVP Sells $38,560 in Stock (IBKR)
Interactive Brokers Group (NASDAQ:IBKR) SVP Milan Galik sold 2,000 shares of the company’s stock on the open market in a transaction that occurred on Friday, October 11th. The shares were sold at an average price of $19.28, for a total value of $38,560.00. Following the completion of the sale, the senior vice president now directly owns 777,604 shares in the company, valued at approximately $14,992,205. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
IBKR has been the subject of a number of recent research reports. 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. 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. Two investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $16.67.
Interactive Brokers Group (NASDAQ:IBKR) traded up 0.61% on Tuesday, hitting $19.67. The stock had a trading volume of 1,088,116 shares. Interactive Brokers Group has a 52 week low of $13.48 and a 52 week high of $19.69. The stock’s 50-day moving average is $18.23 and its 200-day moving average is $16.51. The company has a market cap of $982.8 million and a price-to-earnings ratio of 24.29.
Interactive Brokers Group (NASDAQ:IBKR) last posted its quarterly earnings results on Tuesday, October 15th. The company reported $0.32 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.25 by $0.07. The company had revenue of $326.00 million for the quarter, compared to the consensus estimate of $305.03 million. During the same quarter in the prior year, the company posted $0.30 earnings per share. The company’s quarterly revenue was up 2.3% on a year-over-year basis. On average, analysts predict that Interactive Brokers Group will post $0.80 earnings per share for the current fiscal year.
Interactive Brokers Group, Inc (NASDAQ:IBKR) is a holding company.
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