Interactive Brokers Group SVP Unloads $42,138 in Stock (IBKR)
Interactive Brokers Group (NASDAQ:IBKR) SVP Milan Galik sold 1,800 shares of the stock on the open market in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $23.41, for a total value of $42,138.00. Following the completion of the transaction, the senior vice president now directly owns 740,117 shares in the company, valued at approximately $17,326,139. 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 0.04% on Monday, hitting $23.61. The stock had a trading volume of 210,216 shares. Interactive Brokers Group has a 52 week low of $16.72 and a 52 week high of $25.03. The stock’s 50-day moving average is $23.17 and its 200-day moving average is $22.69. The company has a market cap of $1.348 billion and a price-to-earnings ratio of 23.96.
Interactive Brokers Group (NASDAQ:IBKR) last posted its quarterly earnings results 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. On average, analysts predict that Interactive Brokers Group will post $1.15 earnings per share 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.
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, Inc (NASDAQ:IBKR) is a holding company.
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