Interactive Brokers Group SVP Sells $42,372 in Stock (IBKR)
Interactive Brokers Group (NASDAQ:IBKR) SVP Milan Galik sold 1,800 shares of the company’s stock in a transaction dated Thursday, August 28th. The shares were sold at an average price of $23.54, for a total value of $42,372.00. Following the completion of the transaction, the senior vice president now directly owns 732,017 shares of the company’s stock, valued at approximately $17,231,680. The sale was disclosed in a filing with the SEC, which is available at this link.
Interactive Brokers Group (NASDAQ:IBKR) traded up 0.17% during mid-day trading on Friday, hitting $23.57. The stock had a trading volume of 11,557 shares. Interactive Brokers Group has a one year low of $16.72 and a one year high of $25.03. The stock has a 50-day moving average of $23.20 and a 200-day moving average of $22.81. The company has a market cap of $1.346 billion and a price-to-earnings ratio of 23.89.
Interactive Brokers Group (NASDAQ:IBKR) last announced its 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 declared a quarterly dividend, which is scheduled for Friday, September 12th. Investors 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 1.70%. 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.
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