Interactive Brokers Group, Inc. (NASDAQ:IBKR) insider Thomas Aj Frank sold 73,265 shares of Interactive Brokers Group stock in a transaction dated Wednesday, November 1st. The stock was sold at an average price of $53.90, for a total value of $3,948,983.50. The sale was disclosed in a legal filing with the SEC, which can be accessed 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 stock was sold at an average price of $53.23, for a total value of $2,383,852.32.
  • On Thursday, October 26th, Thomas Aj Frank sold 29,764 shares of Interactive Brokers Group stock. The stock was sold at an average price of $51.52, for a total value of $1,533,441.28.
  • On Tuesday, October 24th, Thomas Aj Frank sold 32,670 shares of Interactive Brokers Group stock. The stock was sold at an average price of $50.59, for a total value of $1,652,775.30.
  • On Friday, October 20th, Thomas Aj Frank sold 33,700 shares of Interactive Brokers Group stock. The stock was sold at an average price of $49.38, for a total value of $1,664,106.00.
  • On Wednesday, October 18th, Thomas Aj Frank sold 33,700 shares of Interactive Brokers Group stock. The stock was sold at an average price of $48.63, for a total value of $1,638,831.00.
  • On Monday, October 16th, Thomas Aj Frank sold 33,615 shares of Interactive Brokers Group stock. The stock was sold at an average price of $47.57, for a total value of $1,599,065.55.
  • On Wednesday, October 11th, Thomas Aj Frank sold 16,109 shares of Interactive Brokers Group stock. The stock was sold at an average price of $47.65, for a total value 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 value 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 value 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 value of $1,564,099.11.

Shares of Interactive Brokers Group, Inc. (IBKR) opened at $53.93 on Monday. Interactive Brokers Group, Inc. has a fifty-two week low of $31.97 and a fifty-two week high of $55.66. The firm has a market capitalization of $22,202.93, a PE ratio of 46.49, a PEG ratio of 2.73 and a beta of 1.01.

Interactive Brokers Group (NASDAQ:IBKR) last issued its quarterly earnings results on Tuesday, October 17th. The financial services provider reported $0.43 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.38 by $0.05. The firm had revenue of $426.00 million for the quarter, compared to analysts’ expectations of $382.85 million. Interactive Brokers Group had a return on equity of 1.35% and a net margin of 5.29%. The firm’s revenue for the quarter was up 23.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.30 EPS. analysts anticipate that Interactive Brokers Group, Inc. will post 1.47 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 14th. Investors of record on Friday, December 1st will be given a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 0.74%. The ex-dividend date of this dividend 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 research reports. Zacks Investment Research downgraded Interactive Brokers Group from a “buy” rating to a “hold” rating in a report on Thursday, July 20th. SunTrust Banks, Inc. reissued a “hold” rating and issued a $40.00 target price on shares of Interactive Brokers Group in a report on Wednesday, October 4th. Rosenblatt Securities initiated coverage on Interactive Brokers Group in a report on Thursday, July 13th. They issued a “neutral” rating and a $40.00 target price for the company. Finally, BidaskClub downgraded Interactive Brokers Group from a “buy” rating to a “hold” rating in a report on Wednesday, July 12th. One equities 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 has a consensus rating of “Hold” and a consensus target price of $41.67.

Hedge funds have recently modified their holdings of the stock. The Manufacturers Life Insurance Company increased its position in Interactive Brokers Group by 27.9% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 2,966 shares of the financial services provider’s stock valued at $111,000 after acquiring an additional 647 shares during the period. Riverhead Capital Management LLC increased its position in Interactive Brokers Group by 71.9% in the 2nd quarter. Riverhead Capital Management LLC now owns 3,095 shares of the financial services provider’s stock valued at $116,000 after acquiring an additional 1,295 shares during the period. World Asset Management Inc acquired a new position in Interactive Brokers Group in the 3rd quarter valued at about $214,000. Everence Capital Management Inc. acquired a new position in Interactive Brokers Group in the 3rd quarter valued at about $224,000. Finally, Hartford Investment Management Co. acquired a new position in Interactive Brokers Group in the 2nd quarter valued at about $239,000. Hedge funds and other institutional investors own 15.11% 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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