Interactive Brokers Group SVP Milan Galik Unloads 2,000 Shares (IBKR)
Interactive Brokers Group (NASDAQ:IBKR) SVP Milan Galik sold 2,000 shares of the company’s stock in a transaction that occurred on Friday, January 24th. The shares were sold at an average price of $22.12, for a total transaction of $44,240.00. Following the completion of the sale, the senior vice president now directly owns 829,517 shares in the company, valued at approximately $18,348,916. The transaction 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 TheStreet downgraded shares of Interactive Brokers Group from a “buy” rating to a “hold” rating in a research note to investors on Thursday. Separately, 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. Finally, 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 5.54% during mid-day trading on Monday, hitting $20.80. 992,994 shares of the company’s stock traded hands. Interactive Brokers Group has a 52-week low of $13.72 and a 52-week high of $25.03. The stock has a 50-day moving average of $23.77 and a 200-day moving average of $20.26. The company has a market cap of $1.092 billion and a P/E ratio of 30.16.
Interactive Brokers Group (NASDAQ:IBKR) last released its 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. On average, analysts predict that Interactive Brokers Group will post $1.09 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Friday, March 14th. Shareholders of record on Friday, February 28th will be paid a dividend of 0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 1.92%. The ex-dividend date is Wednesday, February 26th.
Interactive Brokers Group, Inc (NASDAQ:IBKR) is a holding company.
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