Interactive Brokers Group, Inc. (NASDAQ:IBKR) insider Thomas Aj Frank sold 32,977 shares of the company’s stock in a transaction dated Tuesday, October 10th. The stock was sold at an average price of $47.43, for a total transaction of $1,564,099.11. The transaction was disclosed in a 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, October 6th, Thomas Aj Frank sold 33,266 shares of Interactive Brokers Group stock. The stock was sold at an average price of $47.53, for a total transaction of $1,581,132.98.
  • On Wednesday, October 4th, Thomas Aj Frank sold 33,105 shares of Interactive Brokers Group stock. The stock was sold at an average price of $47.10, for a total transaction of $1,559,245.50.
  • 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 transaction 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 transaction 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 transaction 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 transaction 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 transaction 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 transaction 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 transaction 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 transaction of $1,072,121.24.

Interactive Brokers Group, Inc. (IBKR) traded up 0.72% during mid-day trading on Wednesday, reaching $47.68. 160,713 shares of the company traded hands. The stock’s 50-day moving average price is $43.55 and its 200-day moving average price is $38.49. The firm has a market cap of $3.41 billion, a PE ratio of 47.21 and a beta of 0.96. Interactive Brokers Group, Inc. has a one year low of $31.97 and a one year high of $48.15.

Interactive Brokers Group (NASDAQ:IBKR) last posted its quarterly earnings data 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 $387.00 million during the quarter, compared to analyst estimates of $377.65 million. Interactive Brokers Group had a net margin of 4.97% and a return on equity of 1.19%. The company’s revenue was up 4.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.40 EPS. Analysts forecast that Interactive Brokers Group, Inc. will post $1.55 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 14th. Shareholders of record on Friday, September 1st were given a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 0.84%. The ex-dividend date of this dividend was Wednesday, August 30th. Interactive Brokers Group’s payout ratio is presently 38.84%.

COPYRIGHT VIOLATION NOTICE: “Insider Selling: Interactive Brokers Group, Inc. (IBKR) Insider Sells 32,977 Shares of Stock” was originally reported by American Banking News and is the sole property of of American Banking News. If you are reading this report on another site, it was illegally copied and republished in violation of US & international copyright legislation. The correct version of this report can be viewed at https://www.americanbankingnews.com/2017/10/11/insider-selling-interactive-brokers-group-inc-ibkr-insider-sells-32977-shares-of-stock.html.

A number of analysts have recently weighed in on the stock. SunTrust Banks, Inc. reaffirmed a “hold” rating and issued a $38.00 price target on shares of Interactive Brokers Group in a research note on Thursday, July 6th. Zacks Investment Research raised shares of Interactive Brokers Group from a “hold” rating to a “buy” rating and set a $47.00 price target for the company in a research note on Tuesday, September 19th. BidaskClub raised shares of Interactive Brokers Group from a “buy” rating to a “strong-buy” rating in a research note on Monday, August 14th. Rosenblatt Securities assumed coverage on shares of Interactive Brokers Group in a research note on Thursday, July 13th. They issued a “neutral” rating and a $40.00 price target for the company. Finally, Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $38.00 price target on shares of Interactive Brokers Group in a research note on Friday, June 30th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, one has issued a buy rating and one has given a strong buy rating to the company. Interactive Brokers Group has an average rating of “Hold” and an average target price of $40.33.

Several hedge funds and other institutional investors have recently modified their holdings of IBKR. BlackRock Inc. boosted its stake in shares of Interactive Brokers Group by 75,132.1% in the 1st quarter. BlackRock Inc. now owns 6,629,451 shares of the financial services provider’s stock valued at $230,176,000 after purchasing an additional 6,620,639 shares during the last quarter. Cantillon Capital Management LLC bought a new position in shares of Interactive Brokers Group in the 2nd quarter valued at about $72,067,000. Kayne Anderson Rudnick Investment Management LLC boosted its stake in shares of Interactive Brokers Group by 68.6% in the 2nd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 1,974,810 shares of the financial services provider’s stock valued at $73,898,000 after purchasing an additional 803,838 shares during the last quarter. Bares Capital Management Inc. boosted its stake in shares of Interactive Brokers Group by 24.4% in the 1st quarter. Bares Capital Management Inc. now owns 4,014,605 shares of the financial services provider’s stock valued at $139,387,000 after purchasing an additional 788,086 shares during the last quarter. Finally, Victory Capital Management Inc. boosted its stake in shares of Interactive Brokers Group by 1,338.2% in the 2nd quarter. Victory Capital Management Inc. now owns 445,834 shares of the financial services provider’s stock valued at $16,684,000 after purchasing an additional 414,835 shares during the last quarter. 15.01% of the stock is currently owned by institutional investors.

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.

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

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