Brokers

Interactive Brokers Group, Inc. (NASDAQ:IBKR) Chairman Sells $1,078,800.00 in Stock


Interactive Brokers Group, Inc. (NASDAQ:IBKRGet Rating) Chairman Thomas Peterffy sold 20,000 shares of the firm’s stock in a transaction that occurred on Wednesday, July 13th. The stock was sold at an average price of $53.94, for a total value of $1,078,800.00. Following the sale, the chairman now directly owns 1,827,511 shares of the company’s stock, valued at approximately $98,575,943.34. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Thomas Peterffy also recently made the following trade(s):

  • On Monday, July 11th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The shares were sold at an average price of $54.46, for a total value of $1,089,200.00.
  • On Thursday, July 7th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The shares were sold at an average price of $56.64, for a total value of $1,132,800.00.
  • On Tuesday, July 5th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The shares were sold at an average price of $55.70, for a total value of $1,114,000.00.
  • On Friday, July 1st, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The shares were sold at an average price of $54.85, for a total value of $1,097,000.00.
  • On Wednesday, June 29th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The shares were sold at an average price of $56.98, for a total value of $1,139,600.00.
  • On Monday, June 27th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The shares were sold at an average price of $58.10, for a total value of $1,162,000.00.
  • On Thursday, June 23rd, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The shares were sold at an average price of $56.80, for a total value of $1,136,000.00.
  • On Tuesday, June 21st, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The shares were sold at an average price of $57.71, for a total value of $1,154,200.00.
  • On Friday, June 17th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The shares were sold at an average price of $56.65, for a total value of $1,133,000.00.
  • On Wednesday, June 15th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The shares were sold at an average price of $56.74, for a total value of $1,134,800.00.

Interactive Brokers Group Trading Up 2.7 %

Shares of Interactive Brokers Group stock opened at $54.81 on Friday. The business’s fifty day simple moving average is $56.70 and its 200 day simple moving average is $63.85. The firm has a market capitalization of $22.92 billion, a P/E ratio of 19.30, a price-to-earnings-growth ratio of 0.73 and a beta of 0.80. Interactive Brokers Group, Inc. has a 12 month low of $52.18 and a 12 month high of $82.83.

Interactive Brokers Group (NASDAQ:IBKRGet Rating) last issued its earnings results on Tuesday, April 19th. The financial services provider reported $0.82 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.83 by ($0.01). The firm had revenue of $645.00 million during the quarter, compared to the consensus estimate of $703.34 million. Interactive Brokers Group had a net margin of 10.32% and a return on equity of 3.09%. The business’s quarterly revenue was down 27.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.98 earnings per share. Analysts predict that Interactive Brokers Group, Inc. will post 3.8 EPS for the current fiscal year.

Interactive Brokers Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 14th. Shareholders of record on Wednesday, June 1st were paid a $0.10 dividend. The ex-dividend date of this dividend was Tuesday, May 31st. This represents a $0.40 annualized dividend and a dividend yield of 0.73%. Interactive Brokers Group’s payout ratio is presently 14.08%.

Analysts Set New Price Targets

Several brokerages recently issued reports on IBKR. StockNews.com cut Interactive Brokers Group from a “hold” rating to a “sell” rating in a research report on Thursday, May 26th. Compass Point dropped their price target on Interactive Brokers Group to $85.00 in a report on Friday, June 3rd. Bank of America lifted their price target on Interactive Brokers Group from $111.00 to $117.00 and gave the stock a “buy” rating in a report on Wednesday, April 20th. Finally, The Goldman Sachs Group upgraded Interactive Brokers Group from a “neutral” rating to a “buy” rating and set a $90.00 price target on the stock in a report on Tuesday, April 26th.

Institutional Trading of Interactive Brokers Group

Several hedge funds have recently made changes to their positions in IBKR. First Horizon Advisors Inc. raised its stake in shares of Interactive Brokers Group by 112.7% in the fourth quarter. First Horizon Advisors Inc. now owns 336 shares of the financial services provider’s stock valued at $26,000 after buying an additional 178 shares during the period. Steward Partners Investment Advisory LLC grew its position in shares of Interactive Brokers Group by 692.5% in the first quarter. Steward Partners Investment Advisory LLC now owns 420 shares of the financial services provider’s stock valued at $28,000 after purchasing an additional 367 shares in the last quarter. Fifth Third Bancorp grew its position in shares of Interactive Brokers Group by 72.4% in the fourth quarter. Fifth Third Bancorp now owns 381 shares of the financial services provider’s stock valued at $30,000 after purchasing an additional 160 shares in the last quarter. Westpac Banking Corp purchased a new position in shares of Interactive Brokers Group in the fourth quarter valued at $30,000. Finally, Lindbrook Capital LLC purchased a new position in shares of Interactive Brokers Group in the fourth quarter valued at $40,000. 20.49% of the stock is currently owned by institutional investors.

Interactive Brokers Group Company Profile

(Get Rating)

Interactive Brokers Group, Inc operates as an automated electronic broker worldwide. The company specializes in executing, clearing, and settling trades in stocks, options, futures, foreign exchange instruments, bonds, mutual funds, exchange traded funds (ETFs), metals, and cryptocurrencies. It also custodies and services accounts for hedge and mutual funds, ETFs, registered investment advisors, proprietary trading groups, introducing brokers, and individual investors.

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Insider Buying and Selling by Quarter for Interactive Brokers Group (NASDAQ:IBKR)



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