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 that occurred on Monday, June 13th. The shares were sold at an average price of $54.48, for a total transaction of $1,089,600.00. Following the transaction, the chairman now directly owns 2,227,511 shares in the company, valued at $121,354,799.28. The sale 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 Friday, June 10th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The shares were sold at an average price of $56.32, for a total transaction of $1,126,400.00.
  • On Monday, June 6th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The shares were sold at an average price of $60.87, for a total transaction of $1,217,400.00.
  • On Thursday, June 2nd, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The shares were sold at an average price of $60.40, for a total transaction of $1,208,000.00.
  • On Wednesday, May 25th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The shares were sold at an average price of $56.57, for a total transaction of $1,131,400.00.
  • On Monday, May 23rd, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The shares were sold at an average price of $57.65, for a total transaction of $1,153,000.00.
  • On Friday, May 20th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The shares were sold at an average price of $55.58, for a total transaction of $1,111,600.00.
  • On Monday, May 16th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The shares were sold at an average price of $54.99, for a total transaction of $1,099,800.00.
  • 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 Friday, May 6th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The shares were sold at an average price of $55.63, for a total transaction of $1,112,600.00.
  • 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.

Shares of IBKR stock opened at $55.59 on Wednesday. Interactive Brokers Group, Inc. has a 1 year low of $52.18 and a 1 year high of $82.83. The firm’s fifty day simple moving average is $59.67 and its 200 day simple moving average is $67.14. The firm has a market capitalization of $23.25 billion, a P/E ratio of 19.57, a price-to-earnings-growth ratio of 0.78 and a beta of 0.76.

Interactive Brokers Group (NASDAQ:IBKRGet Rating) last announced its earnings results on Tuesday, April 19th. The financial services provider reported $0.82 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.83 by ($0.01). 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 period last year, the firm posted $0.98 EPS. The company’s revenue was down 27.8% compared to the same quarter last year. As a group, equities analysts anticipate that Interactive Brokers Group, Inc. will post 3.69 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 14th. Investors of record on Wednesday, June 1st were given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.72%. The ex-dividend date was Tuesday, May 31st. Interactive Brokers Group’s dividend payout ratio (DPR) is currently 14.08%.

A number of analysts have recently weighed in on IBKR shares. StockNews.com cut shares of Interactive Brokers Group from a “hold” rating to a “sell” rating in a research note on Thursday, May 26th. Bank of America boosted their price objective on shares of Interactive Brokers Group from $111.00 to $117.00 and gave the stock a “buy” rating in a research note on Wednesday, April 20th. Compass Point reduced their price objective on shares of Interactive Brokers Group to $85.00 in a research note on Friday, June 3rd. Finally, The Goldman Sachs Group upgraded shares of Interactive Brokers Group from a “neutral” rating to a “buy” rating and set a $90.00 price objective for the company in a research note on Tuesday, April 26th.

A number of hedge funds have recently made changes to their positions in IBKR. Marshall Wace LLP increased its position in Interactive Brokers Group by 151.4% during the fourth quarter. Marshall Wace LLP now owns 4,359,441 shares of the financial services provider’s stock worth $346,228,000 after acquiring an additional 2,625,600 shares during the period. Samlyn Capital LLC increased its holdings in Interactive Brokers Group by 745.8% in the 4th quarter. Samlyn Capital LLC now owns 1,768,263 shares of the financial services provider’s stock valued at $140,436,000 after buying an additional 1,559,196 shares during the period. Norges Bank bought a new stake in Interactive Brokers Group in the 4th quarter valued at $60,173,000. Victory Capital Management Inc. increased its holdings in Interactive Brokers Group by 916.8% in the 4th quarter. Victory Capital Management Inc. now owns 688,823 shares of the financial services provider’s stock valued at $54,706,000 after buying an additional 621,079 shares during the period. Finally, Vanguard Group Inc. increased its holdings in Interactive Brokers Group by 5.8% in the 1st quarter. Vanguard Group Inc. now owns 8,307,988 shares of the financial services provider’s stock valued at $547,580,000 after buying an additional 452,809 shares during the period. 20.49% of the stock is currently owned by institutional investors and hedge funds.

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.

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