Interactive Brokers Group, Inc. (NASDAQ:IBKR) Chairman Sells $1,480,800.00 in Stock


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Interactive Brokers Group, Inc. (NASDAQ:IBKR) Chairman Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock in a transaction that occurred on Friday, April 9th. The shares were sold at an average price of $74.04, for a total transaction of $1,480,800.00. Following the sale, the chairman now owns 8,173,811 shares in the company, valued at approximately $605,188,966.44. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

  • On Wednesday, April 14th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The shares were sold at an average price of $74.81, for a total transaction of $1,496,200.00.
  • On Monday, April 12th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The shares were sold at an average price of $74.16, for a total transaction of $1,483,200.00.
  • On Wednesday, April 7th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The stock was sold at an average price of $73.46, for a total transaction of $1,469,200.00.
  • On Monday, April 5th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The stock was sold at an average price of $75.46, for a total transaction of $1,509,200.00.
  • On Wednesday, March 31st, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The stock was sold at an average price of $73.45, for a total transaction of $1,469,000.00.
  • On Monday, March 29th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The stock was sold at an average price of $72.16, for a total transaction of $1,443,200.00.
  • On Friday, March 26th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The stock was sold at an average price of $73.32, for a total transaction of $1,466,400.00.
  • On Wednesday, March 24th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The stock was sold at an average price of $76.30, for a total transaction of $1,526,000.00.
  • On Monday, March 22nd, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The stock was sold at an average price of $78.18, for a total transaction of $1,563,600.00.
  • On Thursday, March 18th, Thomas Peterffy sold 40,000 shares of Interactive Brokers Group stock. The stock was sold at an average price of $77.82, for a total transaction of $3,112,800.00.

NASDAQ IBKR opened at $76.66 on Friday. The stock’s 50-day moving average price is $75.36 and its two-hundred day moving average price is $62.92. The company has a market cap of $31.95 billion, a PE ratio of 35.66 and a beta of 0.84. Interactive Brokers Group, Inc. has a 1 year low of $36.25 and a 1 year high of $80.57.

Interactive Brokers Group (NASDAQ:IBKR) last posted its quarterly earnings data on Tuesday, January 19th. The financial services provider reported $0.69 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.59 by $0.10. The firm had revenue of $599.00 million for the quarter, compared to the consensus estimate of $534.50 million. Interactive Brokers Group had a return on equity of 2.24% and a net margin of 6.90%. On average, research analysts forecast that Interactive Brokers Group, Inc. will post 2.37 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 12th. Shareholders of record on Monday, March 1st were issued a dividend of $0.10 per share. The ex-dividend date was Friday, February 26th. This represents a $0.40 annualized dividend and a yield of 0.52%. Interactive Brokers Group’s payout ratio is presently 17.62%.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Wolff Wiese Magana LLC purchased a new position in Interactive Brokers Group during the 4th quarter valued at about $53,000. Graves Light Private Wealth Management Inc. purchased a new position in Interactive Brokers Group during the 4th quarter valued at about $54,000. Amundi Pioneer Asset Management Inc. grew its stake in Interactive Brokers Group by 73.7% during the 4th quarter. Amundi Pioneer Asset Management Inc. now owns 1,077 shares of the financial services provider’s stock valued at $66,000 after acquiring an additional 457 shares in the last quarter. Virtu Financial LLC purchased a new position in Interactive Brokers Group during the 3rd quarter valued at about $238,000. Finally, Amalgamated Bank purchased a new position in Interactive Brokers Group during the 4th quarter valued at about $241,000. Hedge funds and other institutional investors own 16.08% of the company’s stock.

A number of analysts recently issued reports on IBKR shares. Compass Point lifted their price target on shares of Interactive Brokers Group from $65.00 to $75.00 and gave the stock a “buy” rating in a research note on Wednesday, January 20th. Zacks Investment Research downgraded shares of Interactive Brokers Group from a “buy” rating to a “hold” rating and set a $62.00 price objective for the company. in a report on Tuesday, December 22nd. Wells Fargo & Company lifted their price objective on shares of Interactive Brokers Group from $58.00 to $66.00 and gave the stock an “underweight” rating in a report on Wednesday, January 20th. The Goldman Sachs Group lifted their price objective on shares of Interactive Brokers Group from $73.00 to $83.00 and gave the stock a “neutral” rating in a report on Monday, April 5th. Finally, Jefferies Financial Group began coverage on shares of Interactive Brokers Group in a report on Thursday, March 11th. They issued a “buy” rating and a $89.00 price objective for the company. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $70.71.

Interactive Brokers Group Company Profile

Interactive Brokers Group, Inc operates as an investment holding company, which engages in broker or dealer and proprietary trading businesses. It operates through the following segments: Electronic Brokerage and Corporate. The Electronic Brokerage segment is a direct market access broker, which serve the customers of both traditional brokers and prime brokers.

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Insider Buying and Selling by Quarter for Interactive Brokers Group (NASDAQ:IBKR)

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