Thomas Aj Frank Sells 32,977 Shares of Interactive Brokers Group, Inc. (IBKR) Stock

Interactive Brokers Group, Inc. (NASDAQ:IBKR) insider Thomas Aj Frank sold 32,977 shares of the firm’s stock in a transaction on Tuesday, October 10th. The stock was sold at an average price of $47.43, for a total value of $1,564,099.11. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

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

  • 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 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 value 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 value 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 value 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 value 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 value 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 value 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 value 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 value 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 value of $1,414,318.78.

Shares of Interactive Brokers Group, Inc. (NASDAQ IBKR) opened at 47.64 on Friday. Interactive Brokers Group, Inc. has a 1-year low of $31.97 and a 1-year high of $48.15. The firm has a market cap of $3.40 billion, a P/E ratio of 46.52 and a beta of 0.96. The firm has a 50 day moving average price of $43.91 and a 200 day moving average price of $38.62.

Interactive Brokers Group (NASDAQ:IBKR) last released its quarterly earnings data on Tuesday, July 18th. The financial services provider reported $0.32 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.37 by ($0.05). The company had revenue of $387.00 million for the quarter, compared to the consensus estimate of $377.65 million. Interactive Brokers Group had a return on equity of 1.19% and a net margin of 4.97%. Interactive Brokers Group’s revenue for the quarter was up 4.9% compared to the same quarter last year. During the same period last year, the company earned $0.40 EPS. Analysts anticipate that Interactive Brokers Group, Inc. will post $1.56 EPS for the current year.

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

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Several research analysts have weighed in on the company. BidaskClub upgraded Interactive Brokers Group from a “hold” rating to a “buy” rating in a report on Thursday, July 6th. SunTrust Banks, Inc. reiterated a “hold” rating and set a $38.00 target price on shares of Interactive Brokers Group in a report on Thursday, July 6th. Zacks Investment Research upgraded Interactive Brokers Group from a “hold” rating to a “buy” rating and set a $47.00 target price on the stock in a report on Tuesday, September 19th. Keefe, Bruyette & Woods reiterated 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 assumed coverage on 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 research analyst has rated the stock with a sell rating, five have assigned a hold rating, one has assigned a buy rating and one has given a strong buy rating to the stock. Interactive Brokers Group currently has a consensus rating of “Hold” and a consensus target price of $40.33.

Several hedge funds have recently added to or reduced their stakes in IBKR. BlackRock Inc. boosted 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 worth $230,176,000 after purchasing an additional 6,620,639 shares in the last quarter. Cantillon Capital Management LLC bought a new position in shares of Interactive Brokers Group during the 2nd quarter worth about $72,067,000. Kayne Anderson Rudnick Investment Management LLC boosted its position in shares of Interactive Brokers Group by 68.6% during the 2nd 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 in the last quarter. Bares Capital Management Inc. boosted its position in shares of Interactive Brokers Group by 24.4% during the 1st quarter. Bares Capital Management Inc. now owns 4,014,605 shares of the financial services provider’s stock worth $139,387,000 after purchasing an additional 788,086 shares in the last quarter. Finally, Victory Capital Management Inc. boosted its position in shares of Interactive Brokers Group by 1,338.2% during the 2nd 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 in 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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