Interactive Brokers Group, Inc. (NASDAQ:IBKR) Vice Chairman Earl H. Nemser sold 1,675 shares of the business’s stock in a transaction on Monday, October 16th. The stock was sold at an average price of $47.56, for a total transaction of $79,663.00. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Shares of Interactive Brokers Group, Inc. (NASDAQ:IBKR) traded down 0.67% during trading on Tuesday, reaching $47.40. 529,521 shares of the company were exchanged. The firm’s 50 day moving average price is $44.11 and its 200 day moving average price is $38.77. Interactive Brokers Group, Inc. has a one year low of $31.97 and a one year high of $48.15. The company has a market capitalization of $3.39 billion, a PE ratio of 46.29 and a beta of 0.95.

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 company had revenue of $387.00 million during 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 company’s quarterly revenue was up 4.9% compared to the same quarter last year. During the same period in the previous year, the company posted $0.40 earnings per share. Equities research analysts forecast that Interactive Brokers Group, Inc. will post $1.56 earnings per share for the current fiscal year.

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Several institutional investors have recently made changes to their positions in the company. Municipal Employees Retirement System of Michigan increased its position in shares of Interactive Brokers Group by 1.2% during the 1st quarter. Municipal Employees Retirement System of Michigan now owns 15,530 shares of the financial services provider’s stock valued at $539,000 after purchasing an additional 190 shares during the last quarter. Alliancebernstein L.P. increased its position in shares of Interactive Brokers Group by 0.6% during the 2nd quarter. Alliancebernstein L.P. now owns 34,504 shares of the financial services provider’s stock valued at $1,291,000 after purchasing an additional 196 shares during the last quarter. Gamco Investors INC. ET AL increased its position in shares of Interactive Brokers Group by 0.7% during the 2nd quarter. Gamco Investors INC. ET AL now owns 29,100 shares of the financial services provider’s stock valued at $1,089,000 after purchasing an additional 200 shares during the last quarter. Prudential Financial Inc. increased its position in shares of Interactive Brokers Group by 0.3% during the 1st quarter. Prudential Financial Inc. now owns 113,689 shares of the financial services provider’s stock valued at $3,947,000 after purchasing an additional 390 shares during the last quarter. Finally, Texas Permanent School Fund increased its position in shares of Interactive Brokers Group by 0.8% during the 2nd quarter. Texas Permanent School Fund now owns 49,638 shares of the financial services provider’s stock valued at $1,857,000 after purchasing an additional 416 shares during the last quarter. 15.01% of the stock is owned by hedge funds and other institutional investors.

A number of equities analysts recently weighed in on IBKR shares. Zacks Investment Research upgraded shares of Interactive Brokers Group from a “hold” rating to a “buy” rating and set a $42.00 target price on the stock in a report on Monday, July 10th. BidaskClub upgraded shares of Interactive Brokers Group from a “hold” rating to a “buy” rating in a report on Thursday, July 6th. SunTrust Banks, Inc. restated a “hold” rating and set a $38.00 target price on shares of Interactive Brokers Group in a report on Thursday, July 6th. 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 started coverage on shares of Interactive Brokers Group in a report on Thursday, July 13th. They set a “neutral” rating and a $40.00 target price on the stock. One analyst has rated the stock with a sell rating, five have assigned a hold rating, one has issued a buy rating and one has issued a strong buy rating to the company’s stock. Interactive Brokers Group currently has an average rating of “Hold” and a consensus target price of $40.33.

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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