Interactive Brokers Group SVP Milan Galik Sells 1,800 Shares (IBKR)
Interactive Brokers Group (NASDAQ:IBKR) SVP Milan Galik sold 1,800 shares of the stock on the open market in a transaction dated Monday, August 11th. The shares were sold at an average price of $23.22, for a total value of $41,796.00. Following the completion of the transaction, the senior vice president now directly owns 743,717 shares in the company, valued at approximately $17,269,109. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Separately, analysts at Keefe, Bruyette & Woods raised their price target on shares of Interactive Brokers Group from $26.00 to $27.00 in a research note on Friday, July 11th.
Interactive Brokers Group (NASDAQ:IBKR) traded up 0.30% during mid-day trading on Tuesday, hitting $23.46. 281,041 shares of the company’s stock traded hands. Interactive Brokers Group has a 1-year low of $16.72 and a 1-year high of $25.03. The stock’s 50-day moving average is $23.14 and its 200-day moving average is $22.62. The company has a market cap of $1.316 billion and a price-to-earnings ratio of 23.75.
Interactive Brokers Group (NASDAQ:IBKR) last released its earnings data on Tuesday, July 15th. The company reported $0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.29 by $0.03. The company had revenue of $309.30 million for the quarter, compared to the consensus estimate of $331.58 million. During the same quarter in the previous year, the company posted $0.21 earnings per share. The company’s revenue for the quarter was up 8.9% on a year-over-year basis. Analysts expect that Interactive Brokers Group will post $1.15 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Friday, September 12th. Stockholders of record on Friday, August 29th will be given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 1.71%. The ex-dividend date of this dividend is Wednesday, August 27th.
Interactive Brokers Group, Inc (NASDAQ:IBKR) is a holding company.
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