Interactive Brokers Group, Inc. (NASDAQ:IBKR) CFO Sells $455,906.10 in Stock

Interactive Brokers Group, Inc. (NASDAQ:IBKR) CFO Paul Jonathan Brody sold 11,310 shares of the firm’s stock in a transaction on Wednesday, August 9th. The shares were sold at an average price of $40.31, for a total value of $455,906.10. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

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

  • On Monday, August 7th, Paul Jonathan Brody sold 11,331 shares of Interactive Brokers Group stock. The shares were sold at an average price of $40.54, for a total value of $459,358.74.
  • On Thursday, August 3rd, Paul Jonathan Brody sold 11,310 shares of Interactive Brokers Group stock. The shares were sold at an average price of $40.42, for a total value of $457,150.20.

Shares of Interactive Brokers Group, Inc. (IBKR) traded up 0.10% on Thursday, reaching $40.69. The company’s stock had a trading volume of 445,713 shares. The stock has a 50 day moving average of $38.45 and a 200-day moving average of $36.69. The firm has a market cap of $2.81 billion, a price-to-earnings ratio of 39.74 and a beta of 0.94. Interactive Brokers Group, Inc. has a 12 month low of $31.97 and a 12 month high of $41.00.

Interactive Brokers Group (NASDAQ:IBKR) last posted its quarterly earnings results on Tuesday, July 18th. The financial services provider reported $0.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.37 by $0.05. Interactive Brokers Group had a net margin of 4.97% and a return on equity of 1.19%. The business had revenue of $387 million for the quarter, compared to analysts’ expectations of $377.65 million. During the same quarter in the previous year, the company earned $0.40 earnings per share. The business’s quarterly revenue was up 4.9% on a year-over-year basis. On average, analysts anticipate that Interactive Brokers Group, Inc. will post $1.51 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 14th. Shareholders of record on Friday, September 1st will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Wednesday, August 30th. This represents a $0.40 annualized dividend and a yield of 0.98%. Interactive Brokers Group’s payout ratio is 38.84%.

ILLEGAL ACTIVITY WARNING: “Interactive Brokers Group, Inc. (NASDAQ:IBKR) CFO Sells $455,906.10 in Stock” was reported by Ticker Report and is owned by of Ticker Report. If you are viewing this report on another domain, it was illegally stolen and republished in violation of US & international trademark & copyright laws. The legal version of this report can be accessed at https://www.tickerreport.com/banking-finance/2798511/interactive-brokers-group-inc-nasdaqibkr-cfo-sells-455906-10-in-stock.html.

Hedge funds have recently bought and sold shares of the stock. Riverhead Capital Management LLC raised its stake in Interactive Brokers Group by 71.9% in the second quarter. Riverhead Capital Management LLC now owns 3,095 shares of the financial services provider’s stock valued at $116,000 after buying an additional 1,295 shares during the last quarter. Elkfork Partners LLC raised its stake in Interactive Brokers Group by 42.1% in the first quarter. Elkfork Partners LLC now owns 3,564 shares of the financial services provider’s stock valued at $124,000 after buying an additional 1,056 shares during the last quarter. Meadow Creek Investment Management LLC raised its stake in Interactive Brokers Group by 42.1% in the first quarter. Meadow Creek Investment Management LLC now owns 4,536 shares of the financial services provider’s stock valued at $158,000 after buying an additional 1,344 shares during the last quarter. Glen Harbor Capital Management LLC raised its stake in Interactive Brokers Group by 42.1% in the first quarter. Glen Harbor Capital Management LLC now owns 5,508 shares of the financial services provider’s stock valued at $191,000 after buying an additional 1,632 shares during the last quarter. Finally, Advisory Services Network LLC acquired a new stake in Interactive Brokers Group during the first quarter valued at about $203,000. Institutional investors and hedge funds own 14.25% of the company’s stock.

Several equities research analysts recently weighed in on the company. BidaskClub raised Interactive Brokers Group from a “hold” rating to a “buy” rating in a report on Tuesday, August 1st. Zacks Investment Research downgraded Interactive Brokers Group from a “buy” rating to a “hold” rating in a report on Thursday, July 20th. Rosenblatt Securities assumed coverage on Interactive Brokers Group in a report on Thursday, July 13th. They set a “neutral” rating and a $40.00 price objective on the stock. SunTrust Banks, Inc. reissued a “hold” rating and set a $38.00 price objective on shares of Interactive Brokers Group in a report on Thursday, July 6th. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and set a $38.00 price objective on shares of Interactive Brokers Group in a report on Friday, June 30th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and one has assigned a buy rating to the company. Interactive Brokers Group currently has an average rating of “Hold” and a consensus price target of $39.17.

Interactive Brokers Group Company Profile

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)

Receive News & Ratings for Interactive Brokers Group Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Interactive Brokers Group Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

How to Trade on Forex – 8 Steps for Beginners
How to Trade on Forex – 8 Steps for Beginners
Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Netflix Could See 150 Million Worldwide Subscribers
Netflix Could See 150 Million Worldwide Subscribers
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back


Leave a Reply

© 2006-2017 Ticker Report. Google+.