Share on StockTwits
 

Interactive Brokers Group (NASDAQ:IBKR) Chairman Earl H. Nemser sold 14,063 shares of the company’s stock on the open market in a transaction that occurred on Wednesday, February 12th. The shares were sold at an average price of $21.68, for a total transaction of $304,885.84. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Shares of Interactive Brokers Group (NASDAQ:IBKR) traded up 0.60% during mid-day trading on Thursday, hitting $21.77. The stock had a trading volume of 96,634 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 $22.60 and its 200-day moving average is $20.73. The company has a market cap of $1.143 billion and a P/E ratio of 29.64.

Interactive Brokers Group (NASDAQ:IBKR) last announced its earnings results 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. 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 1.85%. The ex-dividend date is Wednesday, February 26th.

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 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 on Thursday, January 23rd. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Interactive Brokers Group in a research note 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.