Interactive Brokers Group, Inc. (IBKR) Insider Thomas Aj Frank Sells 73,265 Shares

Interactive Brokers Group, Inc. (NASDAQ:IBKR) insider Thomas Aj Frank sold 73,265 shares of the business’s stock in a transaction that occurred on Wednesday, November 1st. The stock was sold at an average price of $53.90, for a total transaction of $3,948,983.50. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

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

  • On Monday, October 30th, Thomas Aj Frank sold 44,784 shares of Interactive Brokers Group stock. The shares were sold at an average price of $53.23, for a total transaction of $2,383,852.32.
  • On Thursday, October 26th, Thomas Aj Frank sold 29,764 shares of Interactive Brokers Group stock. The shares were sold at an average price of $51.52, for a total transaction of $1,533,441.28.
  • On Tuesday, October 24th, Thomas Aj Frank sold 32,670 shares of Interactive Brokers Group stock. The shares were sold at an average price of $50.59, for a total transaction of $1,652,775.30.
  • On Friday, October 20th, Thomas Aj Frank sold 33,700 shares of Interactive Brokers Group stock. The shares were sold at an average price of $49.38, for a total transaction of $1,664,106.00.
  • On Wednesday, October 18th, Thomas Aj Frank sold 33,700 shares of Interactive Brokers Group stock. The shares were sold at an average price of $48.63, for a total transaction of $1,638,831.00.
  • On Monday, October 16th, Thomas Aj Frank sold 33,615 shares of Interactive Brokers Group stock. The shares were sold at an average price of $47.57, for a total transaction of $1,599,065.55.
  • On Wednesday, October 11th, Thomas Aj Frank sold 16,109 shares of Interactive Brokers Group stock. The shares were sold at an average price of $47.65, for a total transaction of $767,593.85.
  • On Thursday, October 12th, Thomas Aj Frank sold 32,772 shares of Interactive Brokers Group stock. The shares were sold at an average price of $47.75, for a total transaction of $1,564,863.00.
  • On Monday, October 9th, Thomas Aj Frank sold 16,127 shares of Interactive Brokers Group stock. The shares were sold at an average price of $47.63, for a total transaction of $768,129.01.
  • On Tuesday, October 10th, Thomas Aj Frank sold 32,977 shares of Interactive Brokers Group stock. The shares were sold at an average price of $47.43, for a total transaction of $1,564,099.11.

Interactive Brokers Group, Inc. (NASDAQ IBKR) traded up $0.08 during trading on Friday, hitting $53.93. 769,167 shares of the stock traded hands, compared to its average volume of 636,873. The firm has a market capitalization of $22.27 billion, a PE ratio of 47.40, a PEG ratio of 2.78 and a beta of 1.01. Interactive Brokers Group, Inc. has a 12 month low of $31.97 and a 12 month high of $55.66.

Interactive Brokers Group (NASDAQ:IBKR) last released its quarterly earnings results on Tuesday, October 17th. The financial services provider reported $0.43 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.38 by $0.05. The company 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%. The business’s quarterly revenue was up 23.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.30 earnings per share. equities research analysts predict that Interactive Brokers Group, Inc. will post 1.47 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 14th. Stockholders of record on Friday, December 1st will be issued a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.74%. The ex-dividend date is Thursday, November 30th. Interactive Brokers Group’s dividend payout ratio (DPR) is presently 34.48%.

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IBKR has been the subject of several recent analyst reports. Zacks Investment Research downgraded shares of Interactive Brokers Group from a “buy” rating to a “hold” rating in a research note on Friday, July 7th. BidaskClub downgraded shares of Interactive Brokers Group from a “buy” rating to a “hold” rating in a research note on Wednesday, July 12th. Rosenblatt Securities initiated coverage on shares of Interactive Brokers Group in a research note on Thursday, July 13th. They issued a “neutral” rating and a $40.00 target price for the company. Finally, SunTrust Banks, Inc. reaffirmed a “hold” rating and issued a $40.00 target price on shares of Interactive Brokers Group in a research note on Wednesday, October 4th. 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 assigned a strong buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $41.67.

Several institutional investors have recently added to or reduced their stakes in the company. Alliancebernstein L.P. boosted its holdings in shares of Interactive Brokers Group by 0.6% in the second quarter. Alliancebernstein L.P. now owns 34,504 shares of the financial services provider’s stock valued at $1,291,000 after buying an additional 196 shares during the period. Gamco Investors INC. ET AL boosted its holdings in shares of Interactive Brokers Group by 0.7% in the second quarter. Gamco Investors INC. ET AL now owns 29,100 shares of the financial services provider’s stock valued at $1,089,000 after buying an additional 200 shares during the period. Texas Permanent School Fund boosted its holdings in shares of Interactive Brokers Group by 0.8% in the second quarter. Texas Permanent School Fund now owns 49,638 shares of the financial services provider’s stock valued at $1,857,000 after buying an additional 416 shares during the period. Gotham Asset Management LLC boosted its holdings in shares of Interactive Brokers Group by 4.7% in the first quarter. Gotham Asset Management LLC now owns 10,591 shares of the financial services provider’s stock valued at $368,000 after buying an additional 479 shares during the period. Finally, State of Wisconsin Investment Board boosted its holdings in shares of Interactive Brokers Group by 3.8% in the second quarter. State of Wisconsin Investment Board now owns 13,137 shares of the financial services provider’s stock valued at $492,000 after buying an additional 480 shares during the period. Institutional investors own 14.99% 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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