Insider Selling: Paul Jonathan Brody Unloads 8,604 Shares of Interactive Brokers Group Stock (IBKR)
Interactive Brokers Group (NASDAQ:IBKR) CFO Paul Jonathan Brody sold 8,604 shares of Interactive Brokers Group stock in a transaction dated Tuesday, February 4th. The shares were sold at an average price of $20.90, for a total value of $179,823.60. The transaction was disclosed in a filing with the SEC, which is available at this link.
Shares of Interactive Brokers Group (NASDAQ:IBKR) traded down 0.09% during mid-day trading on Wednesday, hitting $21.07. The stock had a trading volume of 512,247 shares. Interactive Brokers Group has a one year low of $13.72 and a one year high of $25.03. The stock’s 50-day moving average is $23.09 and its 200-day moving average is $20.54. The company has a market cap of $1.107 billion and a price-to-earnings ratio of 28.89.
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. On average, analysts predict that Interactive Brokers Group will post $1.09 earnings per share 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 1.89%. The ex-dividend date of this dividend is Wednesday, February 26th.
Several analysts have recently commented on the stock. 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, Inc (NASDAQ:IBKR) is a holding company.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.