Interactive Brokers Group, Inc. (NASDAQ:IBKR) Vice Chairman Earl H. Nemser sold 1,683 shares of the business’s stock in a transaction dated Friday, October 20th. The shares were sold at an average price of $49.37, for a total transaction of $83,089.71. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Shares of Interactive Brokers Group, Inc. (NASDAQ:IBKR) traded up 2.35% during mid-day trading on Monday, reaching $50.55. 817,621 shares of the company’s stock were exchanged. The stock has a market cap of $3.59 billion, a price-to-earnings ratio of 43.47 and a beta of 0.96. Interactive Brokers Group, Inc. has a 52 week low of $31.97 and a 52 week high of $50.73. The stock has a 50 day moving average price of $45.26 and a 200 day moving average price of $39.40.

Interactive Brokers Group (NASDAQ:IBKR) last announced its earnings results on Tuesday, October 17th. The financial services provider reported $0.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.38 by $0.05. The company had revenue of $426.00 million for the quarter, compared to analyst estimates of $382.85 million. Interactive Brokers Group had a return on equity of 1.35% and a net margin of 5.29%. Interactive Brokers Group’s revenue for the quarter was up 23.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.30 earnings per share. Equities research analysts predict that Interactive Brokers Group, Inc. will post $1.63 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 14th. Stockholders of record on Friday, December 1st will be given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.79%. The ex-dividend date is Thursday, November 30th. Interactive Brokers Group’s dividend payout ratio (DPR) is presently 34.48%.

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A number of analysts have issued reports on the stock. BidaskClub upgraded shares of Interactive Brokers Group from a “buy” rating to a “strong-buy” rating in a research note on Monday, August 14th. SunTrust Banks, Inc. boosted their price target on shares of Interactive Brokers Group to $48.00 and gave the stock an “average” rating in a research note on Wednesday, October 18th. Rosenblatt Securities assumed coverage on shares of Interactive Brokers Group in a research note on Thursday, July 13th. They set a “neutral” rating and a $40.00 price target on the stock. Zacks Investment Research upgraded shares of Interactive Brokers Group from a “hold” rating to a “buy” rating and set a $47.00 price target on the stock in a research note on Tuesday, September 19th. Finally, Keefe, Bruyette & Woods reiterated a “hold” rating and set a $38.00 price target on shares of Interactive Brokers Group in a research note on Friday, June 30th. One analyst has rated the stock with a sell rating, five have given a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $41.67.

Several institutional investors have recently made changes to their positions in IBKR. BlackRock Inc. raised its position in shares of Interactive Brokers Group by 75,132.1% during the first 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 period. Cantillon Capital Management LLC acquired a new stake in shares of Interactive Brokers Group during the second quarter worth $72,067,000. Kayne Anderson Rudnick Investment Management LLC raised its position in shares of Interactive Brokers Group by 68.6% during the second 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 period. Victory Capital Management Inc. raised its position in shares of Interactive Brokers Group by 1,338.2% during the second quarter. Victory Capital Management Inc. now owns 445,834 shares of the financial services provider’s stock worth $16,684,000 after purchasing an additional 414,835 shares during the period. Finally, Vanguard Group Inc. raised its position in shares of Interactive Brokers Group by 5.8% during the first quarter. Vanguard Group Inc. now owns 5,822,138 shares of the financial services provider’s stock worth $202,144,000 after purchasing an additional 320,626 shares during the period. 15.01% of the stock is currently owned by institutional investors.

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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