Insider Selling: Interactive Brokers Group SVP Sells 2,000 Shares of Stock (IBKR)
Interactive Brokers Group (NASDAQ:IBKR) SVP Milan Galik sold 2,000 shares of Interactive Brokers Group stock on the open market in a transaction that occurred on Friday, January 3rd. The shares were sold at an average price of $24.41, for a total transaction of $48,820.00. Following the sale, the senior vice president now directly owns 843,517 shares in the company, valued at approximately $20,590,250. The sale was disclosed in a legal filing with the SEC, which is available at 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 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 (NASDAQ:IBKR) traded down 1.75% during mid-day trading on Monday, hitting $24.20. 952,051 shares of the company’s stock traded hands. Interactive Brokers Group has a 1-year low of $13.57 and a 1-year high of $25.03. The stock has a 50-day moving average of $24.31 and a 200-day moving average of $19.59. The company has a market cap of $1.209 billion and a P/E ratio of 28.57.
Interactive Brokers Group, Inc (NASDAQ:IBKR) is a holding company.
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