Insider Selling: Interactive Brokers Group, Inc. (NASDAQ:IBKR) Chairman Sells 20,000 Shares of Stock

Interactive Brokers Group, Inc. (NASDAQ:IBKRGet Rating) Chairman Thomas Peterffy sold 20,000 shares of the stock in a transaction dated Monday, April 25th. The shares were sold at an average price of $61.08, for a total transaction of $1,221,600.00. Following the completion of the sale, the chairman now owns 2,907,511 shares of the company’s stock, valued at approximately $177,590,771.88. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

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

  • On Friday, April 22nd, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The shares were sold at an average price of $61.67, for a total transaction of $1,233,400.00.
  • On Wednesday, April 20th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The stock was sold at an average price of $66.73, for a total transaction of $1,334,600.00.
  • On Monday, April 18th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The stock was sold at an average price of $64.19, for a total transaction of $1,283,800.00.
  • On Wednesday, April 13th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The stock was sold at an average price of $65.50, for a total transaction of $1,310,000.00.
  • On Monday, April 11th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The stock was sold at an average price of $65.03, for a total transaction of $1,300,600.00.
  • On Friday, April 8th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The stock was sold at an average price of $64.91, for a total transaction of $1,298,200.00.
  • On Wednesday, April 6th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The stock was sold at an average price of $64.57, for a total transaction of $1,291,400.00.
  • On Monday, April 4th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The stock was sold at an average price of $67.19, for a total transaction of $1,343,800.00.
  • On Friday, April 1st, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The stock was sold at an average price of $66.18, for a total transaction of $1,323,600.00.
  • On Wednesday, March 30th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The stock was sold at an average price of $67.73, for a total transaction of $1,354,600.00.

Shares of Interactive Brokers Group stock traded down $1.24 during midday trading on Tuesday, reaching $61.35. The company had a trading volume of 1,139,532 shares, compared to its average volume of 911,845. The company has a market capitalization of $25.65 billion, a price-to-earnings ratio of 22.04, a price-to-earnings-growth ratio of 0.88 and a beta of 0.74. The stock has a fifty day simple moving average of $65.15 and a 200 day simple moving average of $71.11. Interactive Brokers Group, Inc. has a 1-year low of $56.95 and a 1-year high of $82.83.

Interactive Brokers Group (NASDAQ:IBKRGet Rating) last posted its quarterly earnings results on Tuesday, April 19th. The financial services provider reported $0.82 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.82. Interactive Brokers Group had a return on equity of 3.09% and a net margin of 10.32%. The company had revenue of $645.00 million for the quarter, compared to the consensus estimate of $703.34 million. During the same quarter in the prior year, the business posted $0.98 EPS. The firm’s quarterly revenue was down 27.8% on a year-over-year basis. Equities research analysts expect that Interactive Brokers Group, Inc. will post 3.7 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 14th. Investors of record on Wednesday, June 1st will be issued a $0.10 dividend. The ex-dividend date of this dividend is Tuesday, May 31st. This represents a $0.40 dividend on an annualized basis and a yield of 0.65%. Interactive Brokers Group’s dividend payout ratio is presently 14.08%.

IBKR has been the subject of several recent analyst reports. Zacks Investment Research lowered shares of Interactive Brokers Group from a “buy” rating to a “hold” rating and set a $71.00 price objective for the company. in a report on Tuesday, April 5th. The Goldman Sachs Group dropped their price objective on shares of Interactive Brokers Group from $105.00 to $90.00 and set a “buy” rating for the company in a report on Wednesday, April 20th. Bank of America raised their price objective on shares of Interactive Brokers Group from $111.00 to $117.00 and gave the stock a “buy” rating in a report on Wednesday, April 20th. Keefe, Bruyette & Woods raised shares of Interactive Brokers Group from a “market perform” rating to an “outperform” rating and set a $90.00 price target for the company in a report on Wednesday, January 19th. Finally, StockNews.com began coverage on shares of Interactive Brokers Group in a report on Thursday, March 31st. They issued a “sell” rating for the company. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $92.00.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Kestra Advisory Services LLC increased its holdings in Interactive Brokers Group by 8.5% in the first quarter. Kestra Advisory Services LLC now owns 3,414 shares of the financial services provider’s stock valued at $225,000 after purchasing an additional 268 shares during the last quarter. Exchange Traded Concepts LLC bought a new stake in Interactive Brokers Group in the first quarter valued at about $1,730,000. Assenagon Asset Management S.A. increased its holdings in Interactive Brokers Group by 2,130.4% in the first quarter. Assenagon Asset Management S.A. now owns 332,397 shares of the financial services provider’s stock valued at $21,908,000 after purchasing an additional 317,494 shares during the last quarter. Truist Financial Corp increased its holdings in Interactive Brokers Group by 19.8% in the first quarter. Truist Financial Corp now owns 63,799 shares of the financial services provider’s stock valued at $4,205,000 after purchasing an additional 10,563 shares during the last quarter. Finally, Louisiana State Employees Retirement System increased its holdings in Interactive Brokers Group by 1.8% in the first quarter. Louisiana State Employees Retirement System now owns 22,900 shares of the financial services provider’s stock valued at $1,521,000 after purchasing an additional 400 shares during the last quarter. Institutional investors and hedge funds own 18.92% of the company’s stock.

Interactive Brokers Group Company Profile (Get Rating)

Interactive Brokers Group, Inc operates as an automated electronic broker worldwide. The company specializes in executing, clearing, and settling trades in stocks, options, futures, foreign exchange instruments, bonds, mutual funds, exchange traded funds (ETFs), metals, and cryptocurrencies. It also custodies and services accounts for hedge and mutual funds, ETFs, registered investment advisors, proprietary trading groups, introducing brokers, and individual investors.

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

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