Insider Selling: Interactive Brokers Group, Inc. (IBKR) CFO Sells 11,033 Shares of Stock

Interactive Brokers Group, Inc. (NASDAQ:IBKR) CFO Paul Jonathan Brody sold 11,033 shares of the firm’s stock in a transaction on Monday, October 16th. The shares were sold at an average price of $47.58, for a total transaction of $524,950.14. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Paul Jonathan Brody also recently made the following trade(s):

  • On Thursday, October 26th, Paul Jonathan Brody sold 11,519 shares of Interactive Brokers Group stock. The shares were sold at an average price of $51.61, for a total transaction of $594,495.59.
  • On Tuesday, October 24th, Paul Jonathan Brody sold 10,756 shares of Interactive Brokers Group stock. The shares were sold at an average price of $50.65, for a total transaction of $544,791.40.
  • On Friday, October 20th, Paul Jonathan Brody sold 11,171 shares of Interactive Brokers Group stock. The shares were sold at an average price of $49.36, for a total transaction of $551,400.56.
  • On Wednesday, October 18th, Paul Jonathan Brody sold 11,311 shares of Interactive Brokers Group stock. The shares were sold at an average price of $48.63, for a total transaction of $550,053.93.
  • On Wednesday, October 11th, Paul Jonathan Brody sold 5,759 shares of Interactive Brokers Group stock. The shares were sold at an average price of $47.64, for a total transaction of $274,358.76.
  • On Thursday, October 12th, Paul Jonathan Brody sold 11,241 shares of Interactive Brokers Group stock. The shares were sold at an average price of $47.73, for a total transaction of $536,532.93.
  • On Monday, October 9th, Paul Jonathan Brody sold 5,412 shares of Interactive Brokers Group stock. The shares were sold at an average price of $47.64, for a total transaction of $257,827.68.
  • On Tuesday, October 10th, Paul Jonathan Brody sold 10,339 shares of Interactive Brokers Group stock. The shares were sold at an average price of $47.45, for a total transaction of $490,585.55.
  • On Friday, October 6th, Paul Jonathan Brody sold 11,519 shares of Interactive Brokers Group stock. The shares were sold at an average price of $47.53, for a total transaction of $547,498.07.
  • On Wednesday, October 4th, Paul Jonathan Brody sold 10,617 shares of Interactive Brokers Group stock. The shares were sold at an average price of $47.11, for a total transaction of $500,166.87.

Shares of Interactive Brokers Group, Inc. (NASDAQ:IBKR) traded up 2.04% on Friday, reaching $53.59. 743,057 shares of the company’s stock traded hands. The company’s 50-day moving average is $45.69 and its 200-day moving average is $39.61. The firm has a market capitalization of $3.81 billion, a P/E ratio of 46.08 and a beta of 0.96. Interactive Brokers Group, Inc. has a 52 week low of $31.97 and a 52 week high of $53.71.

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 for the quarter, topping the Zacks’ consensus estimate of $0.38 by $0.05. The business had revenue of $426.00 million during the quarter, compared to analysts’ expectations of $382.85 million. Interactive Brokers Group had a net margin of 5.29% and a return on equity of 1.35%. Interactive Brokers Group’s revenue for the quarter was up 23.5% on a year-over-year basis. During the same period in the previous year, the company earned $0.30 earnings per share. Equities research analysts anticipate that Interactive Brokers Group, Inc. will post $1.63 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 14th. Investors of record on Friday, December 1st will be paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 0.75%. The ex-dividend date is Thursday, November 30th. Interactive Brokers Group’s payout ratio is currently 34.48%.

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A number of equities research analysts recently weighed in on IBKR shares. Zacks Investment Research raised shares of Interactive Brokers Group from a “hold” rating to a “buy” rating and set a $42.00 price target for the company in a report on Monday, July 10th. BidaskClub raised shares of Interactive Brokers Group from a “hold” rating to a “buy” rating in a report on Thursday, July 6th. SunTrust Banks, Inc. reaffirmed a “hold” rating and set a $38.00 price target on shares of Interactive Brokers Group in a report on Thursday, July 6th. Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $38.00 price target on shares of Interactive Brokers Group in a report on Friday, June 30th. Finally, Rosenblatt Securities started coverage on shares of Interactive Brokers Group in a report on Thursday, July 13th. They set a “neutral” rating and a $40.00 price target for the company. One investment analyst has rated the stock with a sell rating, five have issued a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company’s stock. Interactive Brokers Group has an average rating of “Hold” and an average price target of $41.67.

Large investors have recently added to or reduced their stakes in the stock. Baillie Gifford & Co. raised its stake in 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 purchasing an additional 215,591 shares during the last quarter. KCG Holdings Inc. raised its stake in Interactive Brokers Group by 8.4% during the 1st quarter. KCG Holdings Inc. now owns 11,854 shares of the financial services provider’s stock valued at $412,000 after purchasing an additional 917 shares during the last quarter. Quinn Opportunity Partners LLC raised its stake in Interactive Brokers Group by 10.1% during the 2nd quarter. Quinn Opportunity Partners LLC now owns 380,856 shares of the financial services provider’s stock valued at $14,252,000 after purchasing an additional 35,000 shares during the last quarter. Micawber Capital LLC raised its stake in Interactive Brokers Group by 8.4% during the 2nd quarter. Micawber Capital LLC now owns 63,270 shares of the financial services provider’s stock valued at $2,368,000 after purchasing an additional 4,923 shares during the last quarter. Finally, Prudential Financial Inc. raised its stake in Interactive Brokers Group by 0.3% during the 1st quarter. Prudential Financial Inc. now owns 113,689 shares of the financial services provider’s stock valued at $3,947,000 after purchasing an additional 390 shares during the last quarter. Hedge funds and other institutional investors own 15.01% of the company’s stock.

About Interactive Brokers Group

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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