Share on StockTwits

Interactive Brokers Group (NASDAQ:IBKR) SVP Milan Galik sold 1,800 shares of the stock in a transaction dated Tuesday, August 26th. The stock was sold at an average price of $23.82, for a total transaction of $42,876.00. Following the completion of the transaction, the senior vice president now directly owns 733,817 shares of the company’s stock, valued at approximately $17,479,521. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Interactive Brokers Group (NASDAQ:IBKR) traded down 1.21% during mid-day trading on Wednesday, hitting $23.60. The stock had a trading volume of 56,509 shares. 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 $23.18 and its 200-day moving average is $22.80. The company has a market cap of $1.348 billion and a P/E ratio of 24.25.

Interactive Brokers Group (NASDAQ:IBKR) last issued its quarterly 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 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 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 1.67%. The ex-dividend date of this dividend 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.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.