Interactive Brokers Group, Inc. (NASDAQ:IBKR) Vice Chairman Earl H. Nemser sold 1,623 shares of the stock in a transaction that occurred on Wednesday, August 30th. The stock was sold at an average price of $41.64, for a total value of $67,581.72. The sale was disclosed in a document filed with the SEC, which is available through this link.

Shares of Interactive Brokers Group, Inc. (NASDAQ:IBKR) traded up 0.58% during midday trading on Thursday, hitting $41.93. The company’s stock had a trading volume of 424,301 shares. Interactive Brokers Group, Inc. has a 52-week low of $31.97 and a 52-week high of $42.57. The stock’s 50 day moving average is $40.19 and its 200-day moving average is $37.15. The firm has a market cap of $3.00 billion, a P/E ratio of 40.95 and a beta of 0.94.

Interactive Brokers Group (NASDAQ:IBKR) last released its quarterly earnings results on Tuesday, July 18th. The financial services provider reported $0.32 EPS for the quarter, missing analysts’ consensus estimates of $0.37 by $0.05. The firm 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 for the quarter was up 4.9% on a year-over-year basis. During the same quarter last year, the firm earned $0.40 earnings per share. Equities analysts predict that Interactive Brokers Group, Inc. will post $1.51 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 14th. Stockholders of record on Friday, September 1st will be given a dividend of $0.10 per share. The ex-dividend date is Wednesday, August 30th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.95%. Interactive Brokers Group’s dividend payout ratio (DPR) is currently 38.84%.

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IBKR has been the topic of a number of analyst reports. Keefe, Bruyette & Woods reissued a “hold” rating on shares of Interactive Brokers Group in a research report on Friday, May 26th. Zacks Investment Research raised Interactive Brokers Group from a “hold” rating to a “buy” rating and set a $42.00 price target on the stock in a research report on Monday, July 10th. BidaskClub raised Interactive Brokers Group from a “hold” rating to a “buy” rating in a research report on Tuesday, August 1st. Rosenblatt Securities initiated coverage on Interactive Brokers Group in a research report on Thursday, July 13th. They set a “neutral” rating and a $40.00 price target on the stock. Finally, ValuEngine raised Interactive Brokers Group from a “sell” rating to a “hold” rating in a research report on Thursday, June 8th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and one has issued a strong buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $39.17.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. The Manufacturers Life Insurance Company raised its position in Interactive Brokers Group by 27.9% in the second quarter. The Manufacturers Life Insurance Company now owns 2,966 shares of the financial services provider’s stock worth $111,000 after buying an additional 647 shares during the period. Riverhead Capital Management LLC raised its position in Interactive Brokers Group by 71.9% in the second quarter. Riverhead Capital Management LLC now owns 3,095 shares of the financial services provider’s stock worth $116,000 after buying an additional 1,295 shares during the period. Elkfork Partners LLC raised its position in 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 worth $124,000 after buying an additional 1,056 shares during the period. Meadow Creek Investment Management LLC raised its position in 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 worth $158,000 after buying an additional 1,344 shares during the period. Finally, Glen Harbor Capital Management LLC raised its position in 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 worth $191,000 after buying an additional 1,632 shares during the period. Hedge funds and other institutional investors own 15.01% of the company’s stock.

About Interactive Brokers Group

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.

Insider Buying and Selling by Quarter for Interactive Brokers Group (NASDAQ:IBKR)

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