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Interactive Brokers Group (NASDAQ:IBKR) SVP Milan Galik sold 1,800 shares of the company’s stock on the open market in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $23.38, for a total transaction of $42,084.00. Following the sale, the senior vice president now directly owns 741,917 shares in the company, valued at approximately $17,346,019. The sale was disclosed in a filing with the SEC, 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.

Shares of Interactive Brokers Group (NASDAQ:IBKR) opened at 23.60 on Monday. Interactive Brokers Group has a 52 week low of $16.72 and a 52 week high of $25.03. The stock has a 50-day moving average of $23.16 and a 200-day moving average of $22.65. The company has a market cap of $1.348 billion and a price-to-earnings ratio of 23.91.

Interactive Brokers Group (NASDAQ:IBKR) last posted its quarterly earnings results on Tuesday, July 15th. The company reported $0.26 EPS for the quarter, missing the Thomson Reuters 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 prior year, the company posted $0.21 earnings per share. The company’s quarterly revenue 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 announced a quarterly dividend, which is scheduled for Friday, September 12th. Shareholders of record on Friday, August 29th will be paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 1.69%. The ex-dividend date is Wednesday, August 27th.

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

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