Interactive Brokers Group, Inc. (NASDAQ:IBKR) insider Thomas Aj Frank sold 20,218 shares of the business’s stock in a transaction that occurred on Wednesday, September 6th. The shares were sold at an average price of $41.99, for a total transaction of $848,953.82. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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

  • On Friday, September 1st, Thomas Aj Frank sold 25,098 shares of Interactive Brokers Group stock. The stock was sold at an average price of $42.09, for a total transaction of $1,056,374.82.
  • On Wednesday, August 30th, Thomas Aj Frank sold 16,240 shares of Interactive Brokers Group stock. The shares were sold at an average price of $41.63, for a total transaction of $676,071.20.
  • On Monday, August 28th, Thomas Aj Frank sold 19,588 shares of Interactive Brokers Group stock. The shares were sold at an average price of $42.29, for a total transaction of $828,376.52.
  • On Thursday, August 24th, Thomas Aj Frank sold 16,241 shares of Interactive Brokers Group stock. The shares were sold at an average price of $41.72, for a total transaction of $677,574.52.
  • On Tuesday, August 22nd, Thomas Aj Frank sold 16,496 shares of Interactive Brokers Group stock. The shares were sold at an average price of $40.94, for a total transaction of $675,346.24.
  • On Friday, August 18th, Thomas Aj Frank sold 16,495 shares of Interactive Brokers Group stock. The stock was sold at an average price of $40.77, for a total transaction of $672,501.15.
  • On Wednesday, August 16th, Thomas Aj Frank sold 16,836 shares of Interactive Brokers Group stock. The stock was sold at an average price of $41.36, for a total transaction of $696,336.96.
  • On Monday, August 14th, Thomas Aj Frank sold 8,418 shares of Interactive Brokers Group stock. The stock was sold at an average price of $41.26, for a total transaction of $347,326.68.
  • On Friday, August 11th, Thomas Aj Frank sold 16,241 shares of Interactive Brokers Group stock. The shares were sold at an average price of $40.61, for a total transaction of $659,547.01.
  • On Wednesday, August 9th, Thomas Aj Frank sold 16,751 shares of Interactive Brokers Group stock. The shares were sold at an average price of $40.30, for a total transaction of $675,065.30.

Shares of Interactive Brokers Group, Inc. (NASDAQ:IBKR) traded down 0.86% during trading on Thursday, reaching $41.30. The company’s stock had a trading volume of 336,155 shares. The stock’s 50 day moving average price is $40.62 and its 200 day moving average price is $37.20. The company has a market cap of $2.95 billion, a PE ratio of 40.33 and a beta of 0.94. Interactive Brokers Group, Inc. has a 52 week low of $31.97 and a 52 week high of $42.74.

Interactive Brokers Group (NASDAQ:IBKR) last released its earnings results on Tuesday, July 18th. The financial services provider reported $0.32 earnings per share (EPS) 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 analyst estimates of $377.65 million. Interactive Brokers Group had a return on equity of 1.19% and a net margin of 4.97%. The business’s revenue for the quarter was up 4.9% compared to the same quarter last year. During the same period last year, the company posted $0.40 earnings per share. Equities research analysts predict that Interactive Brokers Group, Inc. will post $1.51 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 14th. Stockholders of record on Friday, September 1st will be issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 0.97%. The ex-dividend date is Wednesday, August 30th. Interactive Brokers Group’s dividend payout ratio (DPR) is currently 38.84%.

ILLEGAL ACTIVITY NOTICE: “Interactive Brokers Group, Inc. (IBKR) Insider Thomas Aj Frank Sells 20,218 Shares” was first reported by American Banking News and is owned by of American Banking News. If you are reading this story on another domain, it was copied illegally and reposted in violation of US & international copyright & trademark law. The correct version of this story can be read at https://www.americanbankingnews.com/2017/09/07/interactive-brokers-group-inc-ibkr-insider-thomas-aj-frank-sells-20218-shares.html.

Several institutional investors and hedge funds have recently added to or reduced their stakes in IBKR. The Manufacturers Life Insurance Company lifted its position in shares of Interactive Brokers Group by 27.9% during the 2nd 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 last quarter. Riverhead Capital Management LLC lifted its position in shares of Interactive Brokers Group by 71.9% during the 2nd 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 last quarter. Elkfork Partners LLC lifted its position in shares of Interactive Brokers Group by 42.1% during the 1st 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 last quarter. Meadow Creek Investment Management LLC lifted its position in shares of Interactive Brokers Group by 42.1% during the 1st 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 last quarter. Finally, Glen Harbor Capital Management LLC lifted its position in shares of Interactive Brokers Group by 42.1% during the 1st 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 last quarter. 15.01% of the stock is currently owned by institutional investors.

IBKR has been the subject of a number of analyst reports. Zacks Investment Research raised shares of Interactive Brokers Group from a “hold” rating to a “buy” rating and set a $42.00 price objective for the company in a research note on Monday, July 10th. 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 objective on shares of Interactive Brokers Group in a research report on Thursday, July 6th. Finally, ValuEngine raised shares of Interactive Brokers Group from a “sell” rating to a “hold” rating in a research report on Thursday, June 8th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and one has assigned a strong buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $39.17.

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)

Receive News & Ratings for Interactive Brokers Group Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Interactive Brokers Group Inc. and related companies with MarketBeat.com's FREE daily email newsletter.