Brokers

Interactive Brokers Group, Inc. (NASDAQ:IBKR) Chairman Sells $1,099,800.00 in Stock


Interactive Brokers Group, Inc. (NASDAQ:IBKRGet Rating) Chairman Thomas Peterffy sold 20,000 shares of the business’s stock in a transaction on Monday, May 16th. The shares were sold at an average price of $54.99, for a total transaction of $1,099,800.00. Following the sale, the chairman now owns 2,607,511 shares of the company’s stock, valued at approximately $143,387,029.89. The sale was disclosed in a legal filing with the SEC, which is available at this link.

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

  • On Monday, May 9th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The shares were sold at an average price of $52.95, for a total transaction of $1,059,000.00.
  • On Friday, May 6th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The shares were sold at an average price of $55.63, for a total transaction of $1,112,600.00.
  • On Monday, May 2nd, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The stock was sold at an average price of $59.82, for a total transaction of $1,196,400.00.
  • On Friday, April 29th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The stock was sold at an average price of $61.17, for a total transaction of $1,223,400.00.
  • On Wednesday, April 27th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The stock was sold at an average price of $61.53, for a total transaction of $1,230,600.00.
  • On Monday, April 25th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The stock was sold at an average price of $61.08, for a total transaction of $1,221,600.00.
  • On Friday, April 22nd, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The stock was sold at an average price of $61.67, for a total transaction of $1,233,400.00.
  • On Wednesday, April 20th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The stock was sold at an average price of $66.73, for a total transaction of $1,334,600.00.
  • On Monday, April 18th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The stock was sold at an average price of $64.19, for a total transaction of $1,283,800.00.
  • On Wednesday, April 13th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The stock was sold at an average price of $65.50, for a total transaction of $1,310,000.00.

NASDAQ IBKR traded down $1.94 during trading on Wednesday, hitting $54.04. 1,524,549 shares of the company’s stock traded hands, compared to its average volume of 930,813. The stock has a market capitalization of $22.60 billion, a price-to-earnings ratio of 19.03, a PEG ratio of 0.76 and a beta of 0.76. Interactive Brokers Group, Inc. has a 12-month low of $52.18 and a 12-month high of $82.83. The business has a 50 day moving average of $62.53 and a 200-day moving average of $69.42.

Interactive Brokers Group (NASDAQ:IBKRGet Rating) last announced its quarterly earnings results on Tuesday, April 19th. The financial services provider reported $0.82 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.82. Interactive Brokers Group had a net margin of 10.32% and a return on equity of 3.09%. The firm had revenue of $645.00 million for the quarter, compared to the consensus estimate of $703.34 million. During the same period in the prior year, the firm posted $0.98 earnings per share. The company’s revenue for the quarter was down 27.8% on a year-over-year basis. On average, research analysts expect that Interactive Brokers Group, Inc. will post 3.69 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 14th. Stockholders of record on Wednesday, June 1st will be issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.74%. The ex-dividend date of this dividend is Tuesday, May 31st. Interactive Brokers Group’s payout ratio is 14.08%.

IBKR has been the subject of several research reports. Keefe, Bruyette & Woods upgraded shares of Interactive Brokers Group from a “market perform” rating to an “outperform” rating and set a $90.00 price target for the company in a research report on Wednesday, January 19th. StockNews.com initiated coverage on shares of Interactive Brokers Group in a research report on Thursday, March 31st. They set a “sell” rating for the company. Zacks Investment Research lowered shares of Interactive Brokers Group from a “buy” rating to a “hold” rating and set a $71.00 price target for the company. in a research report on Tuesday, April 5th. Bank of America increased their price target on shares of Interactive Brokers Group from $111.00 to $117.00 and gave the company a “buy” rating in a research report on Wednesday, April 20th. Finally, The Goldman Sachs Group upgraded shares of Interactive Brokers Group from a “neutral” rating to a “buy” rating and set a $90.00 price target for the company in a research report on Tuesday, April 26th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $92.00.

Several institutional investors have recently made changes to their positions in IBKR. Marshall Wace LLP lifted its holdings in shares of Interactive Brokers Group by 151.4% in the fourth quarter. Marshall Wace LLP now owns 4,359,441 shares of the financial services provider’s stock worth $346,228,000 after buying an additional 2,625,600 shares in the last quarter. Samlyn Capital LLC raised its stake in Interactive Brokers Group by 745.8% in the fourth quarter. Samlyn Capital LLC now owns 1,768,263 shares of the financial services provider’s stock valued at $140,436,000 after purchasing an additional 1,559,196 shares in the last quarter. Norges Bank purchased a new stake in Interactive Brokers Group in the fourth quarter valued at approximately $60,173,000. MARSHALL WACE ASIA Ltd raised its stake in Interactive Brokers Group by 63.6% in the third quarter. MARSHALL WACE ASIA Ltd now owns 1,627,635 shares of the financial services provider’s stock valued at $101,467,000 after purchasing an additional 632,642 shares in the last quarter. Finally, Victory Capital Management Inc. raised its stake in Interactive Brokers Group by 916.8% in the fourth quarter. Victory Capital Management Inc. now owns 688,823 shares of the financial services provider’s stock valued at $54,706,000 after purchasing an additional 621,079 shares in the last quarter. 20.49% of the stock is currently owned by hedge funds and other institutional investors.

About Interactive Brokers Group (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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