Insider Selling: Earl Nemser Sells 13,570 Shares of Interactive Brokers Group Stock (IBKR)
Interactive Brokers Group (NASDAQ:IBKR) Chairman Earl Nemser sold 13,570 shares of the company’s stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $24.35, for a total transaction of $330,429.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Interactive Brokers Group (NASDAQ:IBKR) traded up 0.45% on Friday, hitting $24.63. The stock had a trading volume of 545,039 shares. Interactive Brokers Group has a 52 week low of $13.57 and a 52 week high of $25.03. The stock’s 50-day moving average is $24.27 and its 200-day moving average is $19.53. The company has a market cap of $1.231 billion and a price-to-earnings ratio of 28.45.
Interactive Brokers Group (NASDAQ:IBKR) last posted its quarterly earnings results on Tuesday, October 15th. The company reported $0.32 earnings per share (EPS) for the quarter, beating the 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 previous year, the company posted $0.30 earnings per share. The company’s revenue for the quarter was up 2.3% on a year-over-year basis.
A number of research firms have recently commented on IBKR. Analysts at Zacks reiterated a “neutral” rating on shares of Interactive Brokers Group in a research note to investors on Wednesday, November 20th. They now have a $25.00 price target on the stock. Analysts at Keefe, Bruyette & Woods downgraded shares of Interactive Brokers Group from an “outperform” rating to a “market perform” rating in a research note to investors on Monday, November 18th.
Interactive Brokers Group, Inc (NASDAQ:IBKR) is a holding company.
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