Interactive Brokers Group, Inc. (NASDAQ:IBKR) insider Thomas Aj Frank sold 16,071 shares of the business’s stock in a transaction dated Monday, August 7th. The stock was sold at an average price of $40.54, for a total value of $651,518.34. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Thomas Aj Frank also recently made the following trade(s):

  • On Thursday, August 3rd, Thomas Aj Frank sold 16,580 shares of Interactive Brokers Group stock. The shares were sold at an average price of $40.42, for a total transaction of $670,163.60.

Shares of Interactive Brokers Group, Inc. (NASDAQ:IBKR) traded down 0.10% on Tuesday, hitting $40.33. The company had a trading volume of 248,055 shares. The stock’s 50-day moving average is $38.13 and its 200 day moving average is $36.63. The company has a market capitalization of $2.79 billion, a price-to-earnings ratio of 39.38 and a beta of 0.94. Interactive Brokers Group, Inc. has a 52 week low of $31.97 and a 52 week high of $41.00.

Interactive Brokers Group (NASDAQ:IBKR) last announced its quarterly earnings results on Tuesday, July 18th. The financial services provider reported $0.32 earnings per share for the quarter, missing the consensus estimate of $0.37 by $0.05. The company had revenue of $387 million for the quarter, compared to analysts’ expectations of $377.65 million. Interactive Brokers Group had a net margin of 4.97% and a return on equity of 1.19%. The firm’s revenue was up 4.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.40 earnings per share. Equities analysts expect that Interactive Brokers Group, Inc. will post $1.51 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 14th. Investors of record on Friday, September 1st will be given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 0.99%. The ex-dividend date of this dividend is Wednesday, August 30th. Interactive Brokers Group’s dividend payout ratio is currently 38.84%.

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Several research firms have recently commented on IBKR. Keefe, Bruyette & Woods reaffirmed a “hold” rating on shares of Interactive Brokers Group in a research report on Friday, May 26th. BidaskClub raised shares of Interactive Brokers Group from a “hold” rating to a “buy” rating in a research report on Thursday, July 6th. SunTrust Banks, Inc. reaffirmed a “hold” rating and set a $38.00 price target on shares of Interactive Brokers Group in a research report on Thursday, July 6th. ValuEngine raised shares of Interactive Brokers Group from a “sell” rating to a “hold” rating in a research report on Thursday, June 8th. Finally, Zacks Investment Research raised shares of Interactive Brokers Group from a “hold” rating to a “buy” rating and set a $42.00 price target for the company in a research report on Monday, July 10th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and one has issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $39.17.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Elkfork Partners LLC boosted its position in shares of Interactive Brokers Group by 42.1% in the first quarter. Elkfork Partners LLC now owns 3,564 shares of the financial services provider’s stock valued at $124,000 after buying an additional 1,056 shares in the last quarter. Meadow Creek Investment Management LLC boosted its position in shares of Interactive Brokers Group by 42.1% in the first quarter. Meadow Creek Investment Management LLC now owns 4,536 shares of the financial services provider’s stock valued at $158,000 after buying an additional 1,344 shares in the last quarter. Glen Harbor Capital Management LLC boosted its position in shares of Interactive Brokers Group by 42.1% in the first quarter. Glen Harbor Capital Management LLC now owns 5,508 shares of the financial services provider’s stock valued at $191,000 after buying an additional 1,632 shares in the last quarter. Advisory Services Network LLC bought a new position in shares of Interactive Brokers Group during the first quarter valued at $203,000. Finally, BlueCrest Capital Management Ltd bought a new position in shares of Interactive Brokers Group during the first quarter valued at $224,000. Institutional investors own 14.25% of the company’s stock.

Interactive Brokers Group Company Profile

Interactive Brokers Group, Inc (IBG, Inc) is a holding company. The Company is an automated global electronic broker and market maker specializing in routing orders, and executing and processing trades in securities, futures, foreign exchange instruments, bonds and mutual funds on over 120 electronic exchanges and market centers around the world and offering custody, prime brokerage, securities and margin lending services to customers.

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