Interactive Brokers Group, Inc. (NASDAQ:IBKR) Vice Chairman Earl H. Nemser sold 1,624 shares of the firm’s stock in a transaction on Wednesday, September 20th. The shares were sold at an average price of $43.42, for a total value of $70,514.08. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Shares of Interactive Brokers Group, Inc. (NASDAQ IBKR) traded up 1.26% on Friday, reaching $44.15. The company’s stock had a trading volume of 459,899 shares. The company’s 50-day moving average is $41.44 and its 200 day moving average is $37.48. The company has a market capitalization of $3.16 billion, a price-to-earnings ratio of 43.12 and a beta of 0.94. Interactive Brokers Group, Inc. has a 12-month low of $31.97 and a 12-month high of $44.27.

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

The business also recently declared a quarterly dividend, which was paid on Thursday, September 14th. Shareholders of record on Friday, September 1st were given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 0.91%. The ex-dividend date of this dividend was Wednesday, August 30th. Interactive Brokers Group’s payout ratio is 38.84%.

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Several brokerages have recently issued reports on IBKR. Zacks Investment Research raised Interactive Brokers Group from a “hold” rating to a “buy” rating and set a $47.00 target price for the company in a research report on Tuesday. BidaskClub raised Interactive Brokers Group from a “buy” rating to a “strong-buy” rating in a research report on Monday, August 14th. Rosenblatt Securities began coverage on Interactive Brokers Group in a research report on Thursday, July 13th. They set a “neutral” rating and a $40.00 target price for the company. SunTrust Banks, Inc. reaffirmed a “hold” rating and set a $38.00 target price on shares of Interactive Brokers Group in a research report on Thursday, July 6th. Finally, Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $38.00 target price on shares of Interactive Brokers Group in a research report on Friday, June 30th. One investment analyst has rated the stock with a sell rating, five have given a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company. Interactive Brokers Group has a consensus rating of “Hold” and an average price target of $40.00.

Institutional investors and hedge funds have recently modified their holdings of the business. The Manufacturers Life Insurance Company increased its position in Interactive Brokers Group by 27.9% in the second quarter. The Manufacturers Life Insurance Company now owns 2,966 shares of the financial services provider’s stock worth $111,000 after buying an additional 647 shares in the last quarter. Riverhead Capital Management LLC increased its position 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 worth $116,000 after buying an additional 1,295 shares in the last quarter. Elkfork Partners LLC increased its position 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 worth $124,000 after buying an additional 1,056 shares in the last quarter. Meadow Creek Investment Management LLC increased its position 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 worth $158,000 after buying an additional 1,344 shares in the last quarter. Finally, Hartford Investment Management Co. purchased a new stake in Interactive Brokers Group in the second quarter worth about $239,000. Institutional investors and hedge funds own 15.01% of the company’s stock.

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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