Interactive Brokers Group SVP Milan Galik Sells 2,000 Shares (IBKR)
Interactive Brokers Group (NASDAQ:IBKR) SVP Milan Galik unloaded 2,000 shares of the stock on the open market in a transaction that occurred on Friday, January 17th. The stock was sold at an average price of $22.91, for a total transaction of $45,820.00. Following the sale, the senior vice president now directly owns 833,517 shares of the company’s stock, valued at approximately $19,095,874. The transaction was disclosed in a filing with the Securities & Exchange Commission, 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 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.
Shares of Interactive Brokers Group (NASDAQ:IBKR) traded down 0.70% on Tuesday, hitting $22.60. 725,982 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’s 50-day moving average is $24.06 and its 200-day moving average is $20.09. The company has a market cap of $1.129 billion and a price-to-earnings ratio of 26.40.
Interactive Brokers Group (NASDAQ:IBKR) last issued its quarterly earnings data on Tuesday, January 21st. The company reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.19 by $0.12. The company had revenue of $249.90 million for the quarter, compared to the consensus estimate of $294.93 million. During the same quarter in the previous year, the company posted $0.19 earnings per share. The company’s revenue for the quarter was up 1.1% on a year-over-year basis. Analysts expect that Interactive Brokers Group will post $0.79 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Friday, March 14th. Shareholders of record on Friday, February 28th will be given a dividend of 0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 1.77%.
Interactive Brokers Group, Inc (NASDAQ:IBKR) is a holding company.
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