Insider Selling: Milan Galik Sells 1,800 Shares of Interactive Brokers Group Stock (IBKR)
Interactive Brokers Group (NASDAQ:IBKR) SVP Milan Galik unloaded 1,800 shares of Interactive Brokers Group stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $23.41, for a total transaction of $42,138.00. Following the sale, the senior vice president now directly owns 735,617 shares of the company’s stock, valued at approximately $17,220,794. The transaction was disclosed in a document filed 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.
Shares of Interactive Brokers Group (NASDAQ:IBKR) traded up 0.63% during mid-day trading on Monday, hitting $23.91. 98,848 shares of the company’s stock traded hands. Interactive Brokers Group has a one year low of $16.72 and a one year high of $25.03. The stock’s 50-day moving average is $23.16 and its 200-day moving average is $22.74. The company has a market cap of $1.365 billion and a price-to-earnings ratio of 24.12.
Interactive Brokers Group (NASDAQ:IBKR) last issued its quarterly earnings data 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. 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. Stockholders 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 1.68%. The ex-dividend date is Wednesday, August 27th.
Interactive Brokers Group, Inc (NASDAQ:IBKR) is a holding company.
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