Interactive Brokers Group, Inc. (NASDAQ:IBKR) insider Thomas Aj Frank sold 33,105 shares of the business’s stock in a transaction that occurred on Wednesday, October 4th. The shares were sold at an average price of $47.10, for a total value of $1,559,245.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

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

  • On Monday, October 2nd, Thomas Aj Frank sold 32,951 shares of Interactive Brokers Group stock. The stock was sold at an average price of $45.23, for a total value of $1,490,373.73.
  • On Wednesday, September 27th, Thomas Aj Frank sold 16,340 shares of Interactive Brokers Group stock. The stock was sold at an average price of $44.25, for a total value of $723,045.00.
  • On Thursday, September 28th, Thomas Aj Frank sold 32,909 shares of Interactive Brokers Group stock. The stock was sold at an average price of $44.52, for a total value of $1,465,108.68.
  • On Monday, September 25th, Thomas Aj Frank sold 15,488 shares of Interactive Brokers Group stock. The stock was sold at an average price of $44.09, for a total value of $682,865.92.
  • On Tuesday, September 26th, Thomas Aj Frank sold 31,453 shares of Interactive Brokers Group stock. The stock was sold at an average price of $43.91, for a total value of $1,381,101.23.
  • On Friday, September 22nd, Thomas Aj Frank sold 32,730 shares of Interactive Brokers Group stock. The stock was sold at an average price of $43.58, for a total value of $1,426,373.40.
  • On Wednesday, September 20th, Thomas Aj Frank sold 32,543 shares of Interactive Brokers Group stock. The stock was sold at an average price of $43.46, for a total value of $1,414,318.78.
  • On Monday, September 18th, Thomas Aj Frank sold 25,268 shares of Interactive Brokers Group stock. The stock was sold at an average price of $42.43, for a total value of $1,072,121.24.
  • On Thursday, September 14th, Thomas Aj Frank sold 16,666 shares of Interactive Brokers Group stock. The stock was sold at an average price of $41.94, for a total value of $698,972.04.
  • On Tuesday, September 12th, Thomas Aj Frank sold 16,836 shares of Interactive Brokers Group stock. The stock was sold at an average price of $41.90, for a total value of $705,428.40.

Shares of Interactive Brokers Group, Inc. (NASDAQ IBKR) traded up 0.93% during trading on Thursday, hitting $47.74. The stock had a trading volume of 185,355 shares. The stock has a market cap of $3.41 billion, a P/E ratio of 46.62 and a beta of 0.96. Interactive Brokers Group, Inc. has a one year low of $31.97 and a one year high of $47.94. The stock’s 50 day moving average price is $42.80 and its 200-day moving average price is $38.11.

Interactive Brokers Group (NASDAQ:IBKR) last released its quarterly earnings data on Tuesday, July 18th. The financial services provider reported $0.32 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.37 by ($0.05). The firm had revenue of $387.00 million for the quarter, compared to analysts’ expectations of $377.65 million. Interactive Brokers Group had a return on equity of 1.19% and a net margin of 4.97%. Interactive Brokers Group’s revenue for the quarter was up 4.9% on a year-over-year basis. During the same period last year, the firm posted $0.40 earnings per share. Analysts expect that Interactive Brokers Group, Inc. will post $1.53 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 14th. Stockholders of record on Friday, September 1st were given a dividend of $0.10 per share. The ex-dividend date was Wednesday, August 30th. This represents a $0.40 annualized dividend and a dividend yield of 0.85%. Interactive Brokers Group’s dividend payout ratio (DPR) is currently 38.84%.

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IBKR has been the subject of a number of analyst reports. SunTrust Banks, Inc. restated a “hold” rating and set a $40.00 target price on shares of Interactive Brokers Group in a report on Wednesday. Zacks Investment Research upgraded Interactive Brokers Group from a “hold” rating to a “buy” rating and set a $42.00 target price for the company in a report on Monday, July 10th. BidaskClub upgraded Interactive Brokers Group from a “hold” rating to a “buy” rating in a report on Tuesday, August 1st. Keefe, Bruyette & Woods restated a “hold” rating and set a $38.00 target price on shares of Interactive Brokers Group in a report on Friday, June 30th. Finally, Rosenblatt Securities initiated coverage on Interactive Brokers Group in a report on Thursday, July 13th. They set a “neutral” rating and a $40.00 target price for the company. One research analyst has rated the stock with a sell rating, five have given a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $40.33.

Several institutional investors have recently added to or reduced their stakes in IBKR. BlackRock Inc. lifted its position in shares of Interactive Brokers Group by 75,132.1% during the 1st quarter. BlackRock Inc. now owns 6,629,451 shares of the financial services provider’s stock worth $230,176,000 after purchasing an additional 6,620,639 shares during the last quarter. Cantillon Capital Management LLC purchased a new stake in shares of Interactive Brokers Group during the 2nd quarter worth $72,067,000. OppenheimerFunds Inc. lifted its position in shares of Interactive Brokers Group by 3,912.4% during the 1st quarter. OppenheimerFunds Inc. now owns 888,917 shares of the financial services provider’s stock worth $30,863,000 after purchasing an additional 866,763 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC lifted its position in shares of Interactive Brokers Group by 68.6% during the 2nd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 1,974,810 shares of the financial services provider’s stock worth $73,898,000 after purchasing an additional 803,838 shares during the last quarter. Finally, Bares Capital Management Inc. lifted its position in shares of Interactive Brokers Group by 24.4% during the 1st quarter. Bares Capital Management Inc. now owns 4,014,605 shares of the financial services provider’s stock worth $139,387,000 after purchasing an additional 788,086 shares during the last quarter. 15.01% of the stock is owned by institutional investors and hedge funds.

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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