Interactive Brokers Group, Inc. (NASDAQ:IBKR) insider Thomas Aj Frank sold 44,784 shares of the firm’s stock in a transaction on Monday, October 30th. The shares were sold at an average price of $53.23, for a total transaction of $2,383,852.32. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

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

  • On Thursday, October 26th, Thomas Aj Frank sold 29,764 shares of Interactive Brokers Group stock. The shares were sold at an average price of $51.52, for a total transaction of $1,533,441.28.
  • On Tuesday, October 24th, Thomas Aj Frank sold 32,670 shares of Interactive Brokers Group stock. The shares were sold at an average price of $50.59, for a total transaction of $1,652,775.30.
  • On Friday, October 20th, Thomas Aj Frank sold 33,700 shares of Interactive Brokers Group stock. The shares were sold at an average price of $49.38, for a total transaction of $1,664,106.00.
  • On Wednesday, October 18th, Thomas Aj Frank sold 33,700 shares of Interactive Brokers Group stock. The shares were sold at an average price of $48.63, for a total transaction of $1,638,831.00.
  • On Monday, October 16th, Thomas Aj Frank sold 33,615 shares of Interactive Brokers Group stock. The shares were sold at an average price of $47.57, for a total transaction of $1,599,065.55.
  • On Wednesday, October 11th, Thomas Aj Frank sold 16,109 shares of Interactive Brokers Group stock. The shares were sold at an average price of $47.65, for a total transaction of $767,593.85.
  • On Thursday, October 12th, Thomas Aj Frank sold 32,772 shares of Interactive Brokers Group stock. The shares were sold at an average price of $47.75, for a total transaction of $1,564,863.00.
  • On Monday, October 9th, Thomas Aj Frank sold 16,127 shares of Interactive Brokers Group stock. The shares were sold at an average price of $47.63, for a total transaction of $768,129.01.
  • On Tuesday, October 10th, Thomas Aj Frank sold 32,977 shares of Interactive Brokers Group stock. The shares were sold at an average price of $47.43, for a total transaction of $1,564,099.11.
  • On Friday, October 6th, Thomas Aj Frank sold 33,266 shares of Interactive Brokers Group stock. The shares were sold at an average price of $47.53, for a total transaction of $1,581,132.98.

Interactive Brokers Group, Inc. (IBKR) traded up 1.58% on Tuesday, reaching $54.02. 928,137 shares of the company’s stock were exchanged. Interactive Brokers Group, Inc. has a 12 month low of $31.97 and a 12 month high of $54.16. The stock has a market capitalization of $3.84 billion, a PE ratio of 46.45 and a beta of 0.95. The firm has a 50 day moving average of $46.66 and a 200 day moving average of $40.06.

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 the Zacks’ consensus estimate of $0.38 by $0.05. Interactive Brokers Group had a net margin of 5.29% and a return on equity of 1.35%. The business had revenue of $426.00 million for the quarter, compared to analyst estimates of $382.85 million. During the same quarter in the previous year, the firm posted $0.30 earnings per share. Interactive Brokers Group’s revenue was up 23.5% compared to the same quarter last year. Equities analysts predict that Interactive Brokers Group, Inc. will post $1.63 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 14th. Investors 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 yield of 0.74%. The ex-dividend date of this dividend is Thursday, November 30th. Interactive Brokers Group’s dividend payout ratio (DPR) is currently 34.48%.

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A number of hedge funds have recently made changes to their positions in IBKR. The Manufacturers Life Insurance Company increased its position in Interactive Brokers Group by 27.9% during the second quarter. The Manufacturers Life Insurance Company now owns 2,966 shares of the financial services provider’s stock worth $111,000 after acquiring an additional 647 shares during the period. Riverhead Capital Management LLC increased its position in Interactive Brokers Group by 71.9% during the second quarter. Riverhead Capital Management LLC now owns 3,095 shares of the financial services provider’s stock worth $116,000 after acquiring an additional 1,295 shares during the period. BlueCrest Capital Management Ltd bought a new position in Interactive Brokers Group during the first quarter worth $224,000. Everence Capital Management Inc. bought a new position in Interactive Brokers Group during the third quarter worth $224,000. Finally, Hartford Investment Management Co. bought a new position in Interactive Brokers Group during the second quarter worth $239,000. 14.99% of the stock is currently owned by institutional investors and hedge funds.

A number of equities research analysts recently weighed in on IBKR shares. SunTrust Banks, Inc. raised their price target on shares of Interactive Brokers Group to $48.00 and gave the company an “average” rating in a report on Wednesday, October 18th. 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 report on Tuesday, September 19th. BidaskClub raised shares of Interactive Brokers Group from a “hold” rating to a “buy” rating in a report on Tuesday, August 1st. Finally, 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 objective on the stock. One research analyst has rated the stock with a sell rating, five have given a hold rating, one has given a buy rating and one has assigned a strong buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $41.67.

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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