Interactive Brokers Group, Inc. (NASDAQ:IBKR) Chairman Thomas Peterffy Sells 20,000 Shares

Interactive Brokers Group, Inc. (NASDAQ:IBKRGet Rating) Chairman Thomas Peterffy sold 20,000 shares of the business’s stock in a transaction on Friday, May 6th. The stock was sold at an average price of $55.63, for a total value of $1,112,600.00. Following the sale, the chairman now owns 2,727,511 shares in the company, valued at $151,731,436.93. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

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

  • On Monday, May 9th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The shares were sold at an average price of $52.95, for a total transaction of $1,059,000.00.
  • On Monday, May 2nd, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The stock was sold at an average price of $59.82, for a total transaction of $1,196,400.00.
  • On Friday, April 29th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The shares were sold at an average price of $61.17, for a total transaction of $1,223,400.00.
  • On Wednesday, April 27th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The stock was sold at an average price of $61.53, for a total value of $1,230,600.00.
  • On Monday, April 25th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The shares were sold at an average price of $61.08, for a total value of $1,221,600.00.
  • On Friday, April 22nd, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The stock was sold at an average price of $61.67, for a total value of $1,233,400.00.
  • On Wednesday, April 20th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The shares were sold at an average price of $66.73, for a total value 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.

Shares of IBKR traded up $1.70 during mid-day trading on Tuesday, hitting $54.32. The company’s stock had a trading volume of 44,514 shares, compared to its average volume of 924,568. The firm has a 50-day moving average price of $63.21 and a 200 day moving average price of $70.14. Interactive Brokers Group, Inc. has a fifty-two week low of $52.23 and a fifty-two week high of $82.83. The stock has a market capitalization of $22.71 billion, a price-to-earnings ratio of 18.64, a PEG ratio of 0.76 and a beta of 0.76.

Interactive Brokers Group (NASDAQ:IBKRGet Rating) last released its quarterly earnings data on Tuesday, April 19th. The financial services provider reported $0.82 earnings per share for the quarter, hitting the consensus estimate of $0.82. The business had revenue of $645.00 million during the quarter, compared to analyst estimates of $703.34 million. Interactive Brokers Group had a return on equity of 3.09% and a net margin of 10.32%. The company’s revenue was down 27.8% compared to the same quarter last year. During the same period last year, the company posted $0.98 EPS. Equities research analysts forecast that Interactive Brokers Group, Inc. will post 3.69 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 14th. Shareholders of record on Wednesday, June 1st will be issued a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.74%. The ex-dividend date is Tuesday, May 31st. Interactive Brokers Group’s payout ratio is 14.08%.

A number of equities research analysts have issued reports on IBKR shares. The Goldman Sachs Group raised Interactive Brokers Group from a “neutral” rating to a “buy” rating and set a $90.00 price target for the company in a research report on Tuesday, April 26th. Bank of America increased 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. Zacks Investment Research lowered shares of Interactive Brokers Group from a “buy” rating to a “hold” rating and set a $71.00 price target on the stock. in a research note on Tuesday, April 5th. StockNews.com began coverage on Interactive Brokers Group in a research note on Thursday, March 31st. They set a “sell” rating on the stock. Finally, Keefe, Bruyette & Woods upgraded shares of Interactive Brokers Group from a “market perform” rating to an “outperform” rating and set a $90.00 price objective on the stock in a research note on Wednesday, January 19th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Interactive Brokers Group has an average rating of “Hold” and a consensus price target of $92.00.

A number of institutional investors have recently bought and sold shares of IBKR. Morgan Stanley raised its stake in Interactive Brokers Group by 151.1% during the 2nd quarter. Morgan Stanley now owns 409,013 shares of the financial services provider’s stock valued at $26,885,000 after purchasing an additional 246,151 shares during the period. Advisor Group Holdings Inc. raised its position in Interactive Brokers Group by 4.6% during the third quarter. Advisor Group Holdings Inc. now owns 30,919 shares of the financial services provider’s stock valued at $1,928,000 after buying an additional 1,347 shares during the period. Truist Financial Corp lifted its stake in Interactive Brokers Group by 8.6% in the 3rd quarter. Truist Financial Corp now owns 49,089 shares of the financial services provider’s stock worth $3,060,000 after acquiring an additional 3,908 shares in the last quarter. Swiss National Bank grew its stake in Interactive Brokers Group by 0.3% during the 3rd quarter. Swiss National Bank now owns 180,600 shares of the financial services provider’s stock valued at $11,259,000 after acquiring an additional 500 shares in the last quarter. Finally, Securian Asset Management Inc. lifted its position in shares of Interactive Brokers Group by 5.5% in the third quarter. Securian Asset Management Inc. now owns 7,833 shares of the financial services provider’s stock worth $488,000 after purchasing an additional 405 shares in the last quarter. 20.49% of the stock is owned by hedge funds and other institutional investors.

About Interactive Brokers Group (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.

Further Reading

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

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