Thomas Aj Frank Sells 16,240 Shares of Interactive Brokers Group, Inc. (IBKR) Stock

Interactive Brokers Group, Inc. (NASDAQ:IBKR) insider Thomas Aj Frank sold 16,240 shares of the stock in a transaction dated Friday, September 8th. The shares were sold at an average price of $41.39, for a total transaction of $672,173.60. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

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

  • On Wednesday, September 6th, Thomas Aj Frank sold 20,218 shares of Interactive Brokers Group stock. The shares were sold at an average price of $41.99, for a total transaction of $848,953.82.
  • On Friday, September 1st, Thomas Aj Frank sold 25,098 shares of Interactive Brokers Group stock. The shares were sold at an average price of $42.09, for a total transaction of $1,056,374.82.
  • On Wednesday, August 30th, Thomas Aj Frank sold 16,240 shares of Interactive Brokers Group stock. The shares were sold at an average price of $41.63, for a total transaction of $676,071.20.
  • On Monday, August 28th, Thomas Aj Frank sold 19,588 shares of Interactive Brokers Group stock. The shares were sold at an average price of $42.29, for a total transaction of $828,376.52.
  • On Thursday, August 24th, Thomas Aj Frank sold 16,241 shares of Interactive Brokers Group stock. The shares were sold at an average price of $41.72, for a total transaction of $677,574.52.
  • On Tuesday, August 22nd, Thomas Aj Frank sold 16,496 shares of Interactive Brokers Group stock. The shares were sold at an average price of $40.94, for a total transaction of $675,346.24.
  • On Friday, August 18th, Thomas Aj Frank sold 16,495 shares of Interactive Brokers Group stock. The shares were sold at an average price of $40.77, for a total transaction of $672,501.15.
  • On Wednesday, August 16th, Thomas Aj Frank sold 16,836 shares of Interactive Brokers Group stock. The shares were sold at an average price of $41.36, for a total transaction of $696,336.96.
  • On Monday, August 14th, Thomas Aj Frank sold 8,418 shares of Interactive Brokers Group stock. The shares were sold at an average price of $41.26, for a total transaction of $347,326.68.
  • On Friday, August 11th, Thomas Aj Frank sold 16,241 shares of Interactive Brokers Group stock. The shares were sold at an average price of $40.61, for a total transaction of $659,547.01.

Interactive Brokers Group, Inc. (NASDAQ:IBKR) opened at 41.94 on Wednesday. The company has a market cap of $3.00 billion, a PE ratio of 40.96 and a beta of 0.94. The firm’s 50-day moving average is $40.93 and its 200 day moving average is $37.27. Interactive Brokers Group, Inc. has a 1-year low of $31.97 and a 1-year high of $42.74.

Interactive Brokers Group (NASDAQ:IBKR) last issued its quarterly earnings results on Tuesday, July 18th. The financial services provider reported $0.32 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.37 by ($0.05). Interactive Brokers Group had a return on equity of 1.19% and a net margin of 4.97%. The business had revenue of $387.00 million for the quarter, compared to analysts’ expectations of $377.65 million. During the same quarter in the previous year, the firm posted $0.40 EPS. Interactive Brokers Group’s revenue was up 4.9% on a year-over-year basis. Analysts predict that Interactive Brokers Group, Inc. will post $1.51 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 14th. Stockholders of record on Friday, September 1st will be paid a dividend of $0.10 per share. The ex-dividend date of this dividend is Wednesday, August 30th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.95%. Interactive Brokers Group’s payout ratio is 38.84%.

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Several hedge funds have recently modified their holdings of the company. Public Employees Retirement System of Ohio grew its stake in shares of Interactive Brokers Group by 17.0% during the second quarter. Public Employees Retirement System of Ohio now owns 29,342 shares of the financial services provider’s stock worth $1,098,000 after acquiring an additional 4,260 shares during the last quarter. Piedmont Investment Advisors LLC purchased a new stake in shares of Interactive Brokers Group during the second quarter worth about $550,000. The Manufacturers Life Insurance Company grew its stake in shares of Interactive Brokers Group by 27.9% during the second quarter. The Manufacturers Life Insurance Company now owns 2,966 shares of the financial services provider’s stock worth $111,000 after acquiring an additional 647 shares during the last quarter. Shelton Capital Management purchased a new stake in shares of Interactive Brokers Group during the second quarter worth about $253,000. Finally, Western Standard LLC grew its stake in shares of Interactive Brokers Group by 0.7% during the second quarter. Western Standard LLC now owns 75,600 shares of the financial services provider’s stock worth $2,829,000 after acquiring an additional 500 shares during the last quarter. Institutional investors and hedge funds own 15.01% of the company’s stock.

Several brokerages recently commented on IBKR. Keefe, Bruyette & Woods reissued a “hold” rating on shares of Interactive Brokers Group in a research report on Friday, May 26th. BidaskClub raised shares of Interactive Brokers Group from a “hold” rating to a “buy” rating in a research report on Tuesday, August 1st. SunTrust Banks, Inc. restated a “hold” rating and set a $38.00 target price on shares of Interactive Brokers Group in a research note on Thursday, July 6th. ValuEngine upgraded shares of Interactive Brokers Group from a “sell” rating to a “hold” rating in a research note on Thursday, June 8th. Finally, Zacks Investment Research upgraded shares of Interactive Brokers Group from a “hold” rating to a “buy” rating and set a $42.00 target price on the stock in a research note on Monday, July 10th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and one has issued a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price 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)

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