Thomas Frank, the Chief Information Officer of Interactive Brokers Group Inc (NASDAQ:IBKR), sold 14,633 shares of the company on January 19, 2024, according to a recent SEC Filing. Interactive Brokers Group Inc is a brokerage firm that provides direct access trade execution and clearing services to institutional and professional traders for a wide variety of electronically traded products including stocks, options, futures, forex, bonds, CFDs and funds worldwide.
Over the past year, the insider has sold a total of 581,304 shares and has not made any purchases of the company’s stock.
The insider transaction history for Interactive Brokers Group Inc shows a pattern of selling activity, with 0 insider buys and 46 insider sells over the past year.
On the day of the insider’s recent sale, shares of Interactive Brokers Group Inc were trading at $88.73, giving the company a market capitalization of $9.749 billion.
The stock’s price-earnings ratio stands at 16.10, which is below the industry median of 19.105 and also below the company’s historical median price-earnings ratio.
With the current share price of $88.73 and a GuruFocus Value of $124.65, Interactive Brokers Group Inc has a price-to-GF-Value ratio of 0.71, indicating that the stock is considered Modestly Undervalued according to its GF Value.
The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor related to the company’s past performance, and future business performance estimates provided by Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
This article first appeared on GuruFocus.