Interactive Brokers Group Chairman Earl H. Nemser Unloads 14,979 Shares (IBKR)
Interactive Brokers Group (NASDAQ:IBKR) Chairman Earl H. Nemser unloaded 14,979 shares of Interactive Brokers Group stock in a transaction dated Friday, January 31st. The stock was sold at an average price of $21.27, for a total transaction of $318,603.33. The sale was disclosed in a filing with the SEC, which is available at this link.
A number of research firms have recently commented on IBKR. Analysts at Keefe, Bruyette & Woods upgraded shares of Interactive Brokers Group from a “market perform” rating to an “outperform” rating in a research note to investors on Wednesday, January 29th. Separately, 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, January 23rd. Finally, 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.
Interactive Brokers Group (NASDAQ:IBKR) traded down 2.22% during mid-day trading on Monday, hitting $20.73. 548,905 shares of the company’s stock traded hands. Interactive Brokers Group has a 1-year low of $13.72 and a 1-year high of $25.03. The stock’s 50-day moving average is $23.30 and its 200-day moving average is $20.42. The company has a market cap of $1.089 billion and a P/E ratio of 29.04.
Interactive Brokers Group (NASDAQ:IBKR) last posted its quarterly earnings results on Tuesday, January 21st. The company reported $0.07 earnings per share for the quarter, missing the analysts’ 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 last year, the company posted $0.19 earnings per share. Interactive Brokers Group’s revenue was up 1.1% compared to the same quarter last year. Analysts expect that Interactive Brokers Group will post $1.09 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Friday, March 14th. Investors 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 1.93%. The ex-dividend date is Wednesday, February 26th.
Interactive Brokers Group, Inc (NASDAQ:IBKR) is a holding company.
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