Interactive Brokers Group, Inc. (NASDAQ:IBKR) insider Thomas Aj Frank sold 73,265 shares of the firm’s stock in a transaction dated Wednesday, November 1st. The shares were sold at an average price of $53.90, for a total value of $3,948,983.50. The sale 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 Monday, October 30th, Thomas Aj Frank sold 44,784 shares of Interactive Brokers Group stock. The stock was sold at an average price of $53.23, for a total value of $2,383,852.32.
  • On Thursday, October 26th, Thomas Aj Frank sold 29,764 shares of Interactive Brokers Group stock. The stock was sold at an average price of $51.52, for a total value of $1,533,441.28.
  • On Tuesday, October 24th, Thomas Aj Frank sold 32,670 shares of Interactive Brokers Group stock. The stock was sold at an average price of $50.59, for a total value of $1,652,775.30.
  • On Friday, October 20th, Thomas Aj Frank sold 33,700 shares of Interactive Brokers Group stock. The stock was sold at an average price of $49.38, for a total value of $1,664,106.00.
  • On Wednesday, October 18th, Thomas Aj Frank sold 33,700 shares of Interactive Brokers Group stock. The stock was sold at an average price of $48.63, for a total value of $1,638,831.00.
  • On Monday, October 16th, Thomas Aj Frank sold 33,615 shares of Interactive Brokers Group stock. The stock was sold at an average price of $47.57, for a total value of $1,599,065.55.
  • On Wednesday, October 11th, Thomas Aj Frank sold 16,109 shares of Interactive Brokers Group stock. The stock was sold at an average price of $47.65, for a total value of $767,593.85.
  • On Thursday, October 12th, Thomas Aj Frank sold 32,772 shares of Interactive Brokers Group stock. The stock was sold at an average price of $47.75, for a total value of $1,564,863.00.
  • On Monday, October 9th, Thomas Aj Frank sold 16,127 shares of Interactive Brokers Group stock. The stock was sold at an average price of $47.63, for a total value of $768,129.01.
  • On Tuesday, October 10th, Thomas Aj Frank sold 32,977 shares of Interactive Brokers Group stock. The stock was sold at an average price of $47.43, for a total value of $1,564,099.11.

Interactive Brokers Group (NASDAQ:IBKR) last issued its quarterly earnings data 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 during the quarter, compared to the consensus estimate of $382.85 million. During the same period in the prior year, the firm posted $0.30 EPS. The firm’s quarterly revenue was up 23.5% compared to the same quarter last 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 0.73%. The ex-dividend date of this dividend is Thursday, November 30th. Interactive Brokers Group’s dividend payout ratio is currently 34.48%.

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Several institutional investors have recently added to or reduced their stakes in the company. BlackRock Inc. grew 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 valued at $230,176,000 after acquiring an additional 6,620,639 shares during the period. Baillie Gifford & Co. grew its position in shares of Interactive Brokers Group by 3.8% during the 2nd quarter. Baillie Gifford & Co. now owns 5,941,025 shares of the financial services provider’s stock valued at $222,313,000 after acquiring an additional 215,591 shares during the period. Vanguard Group Inc. grew its position in shares of Interactive Brokers Group by 1.0% during the 2nd quarter. Vanguard Group Inc. now owns 5,882,768 shares of the financial services provider’s stock valued at $220,132,000 after acquiring an additional 60,630 shares during the period. TPG Group Holdings SBS Advisors Inc. grew its position in shares of Interactive Brokers Group by 7.4% during the 2nd quarter. TPG Group Holdings SBS Advisors Inc. now owns 2,344,251 shares of the financial services provider’s stock valued at $87,722,000 after acquiring an additional 162,435 shares during the period. Finally, Dimensional Fund Advisors LP grew its position in shares of Interactive Brokers Group by 3.5% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,996,966 shares of the financial services provider’s stock valued at $74,726,000 after acquiring an additional 67,695 shares during the period. 14.99% of the stock is owned by hedge funds and other institutional investors.

A number of research firms recently commented on IBKR. SunTrust Banks, Inc. reiterated a “hold” rating and set a $38.00 price target on shares of Interactive Brokers Group in a report on Thursday, July 6th. Zacks Investment Research upgraded shares of Interactive Brokers Group from a “hold” rating to a “buy” rating and set a $47.00 price objective for the company in a research report on Tuesday, September 19th. BidaskClub upgraded shares of Interactive Brokers Group from a “buy” rating to a “strong-buy” rating in a research report on Monday, August 14th. Finally, Rosenblatt Securities began coverage on shares of Interactive Brokers Group in a research report on Thursday, July 13th. They set a “neutral” rating and a $40.00 price objective for the company. One analyst has rated the stock with a sell rating, five have assigned a hold rating, one has given a buy rating and one has assigned a strong buy rating to the stock. The stock presently has an average 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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