Insider Selling: Milan Galik Sells 1,800 Shares of Interactive Brokers Group Stock (IBKR)
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 Tuesday, September 2nd. The shares were sold at an average price of $23.47, for a total transaction of $42,246.00. Following the sale, the senior vice president now directly owns 730,217 shares of the company’s stock, valued at approximately $17,138,193. The sale was disclosed in a legal filing with the SEC, which is available at this link.
Shares of Interactive Brokers Group (NASDAQ:IBKR) traded down 0.62% during mid-day trading on Wednesday, hitting $23.90. 312,749 shares of the company’s stock traded hands. Interactive Brokers Group has a one year low of $16.91 and a one year high of $25.03. The stock’s 50-day moving average is $23.24 and its 200-day moving average is $22.86. The company has a market cap of $1.365 billion and a price-to-earnings ratio of 24.42.
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.
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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