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Interactive Brokers Group (NASDAQ:IBKR) SVP Milan Galik sold 1,800 shares of Interactive Brokers Group stock on the open market in a transaction dated Friday, June 13th. The stock was sold at an average price of $22.92, for a total transaction of $41,256.00. Following the completion of the sale, the senior vice president now directly owns 779,717 shares in the company, valued at approximately $17,871,114. The sale was disclosed in a document filed with the SEC, which is available at this link.

A number of research firms have recently commented on IBKR. Analysts at Zacks upgraded shares of Interactive Brokers Group from a “neutral” rating to an “outperform” rating in a research note on Tuesday, May 27th. They now have a $25.50 price target on the stock. Analysts at TheStreet upgraded shares of Interactive Brokers Group from a “hold” rating to a “buy” rating in a research note on Tuesday, May 6th.

Interactive Brokers Group (NASDAQ:IBKR) opened at 23.70 on Thursday. Interactive Brokers Group has a 1-year low of $15.82 and a 1-year high of $25.03. The stock has a 50-day moving average of $23.06 and a 200-day moving average of $22.81. The company has a market cap of $1.296 billion and a price-to-earnings ratio of 25.67. Interactive Brokers Group also was the recipient of a large growth in short interest in May. As of May 30th, there was short interest totalling 1,121,292 shares, a growth of 60.4% from the May 15th total of 699,275 shares. Based on an average daily volume of 306,566 shares, the short-interest ratio is currently 3.7 days. Currently, 2.1% of the shares of the stock are short sold.

Interactive Brokers Group (NASDAQ:IBKR) last announced its earnings results on Tuesday, April 15th. The company reported $0.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.29 by $0.06. The company had revenue of $355.00 million for the quarter, compared to the consensus estimate of $314.80 million. During the same quarter in the previous year, the company posted $0.06 earnings per share. The company’s revenue for the quarter was up 64.4% on a year-over-year basis. On average, analysts predict that Interactive Brokers Group will post $1.19 earnings per share for the current fiscal year.

Interactive Brokers Group, Inc (NASDAQ:IBKR) is a holding company.

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