Interactive Brokers Group, Inc. (IBKR) Insider Thomas Aj Frank Sells 32,977 Shares of Stock

Interactive Brokers Group, Inc. (NASDAQ:IBKR) insider Thomas Aj Frank sold 32,977 shares of the stock in a transaction that occurred on Tuesday, October 10th. The stock was sold at an average price of $47.43, for a total transaction of $1,564,099.11. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Thomas Aj Frank also recently made the following trade(s):

  • On Monday, October 9th, Thomas Aj Frank sold 16,127 shares of Interactive Brokers Group stock. The stock was sold at an average price of $47.63, for a total transaction of $768,129.01.
  • On Friday, October 6th, Thomas Aj Frank sold 33,266 shares of Interactive Brokers Group stock. The stock was sold at an average price of $47.53, for a total transaction of $1,581,132.98.
  • On Wednesday, October 4th, Thomas Aj Frank sold 33,105 shares of Interactive Brokers Group stock. The stock was sold at an average price of $47.10, for a total transaction of $1,559,245.50.
  • On Monday, October 2nd, Thomas Aj Frank sold 32,951 shares of Interactive Brokers Group stock. The stock was sold at an average price of $45.23, for a total transaction of $1,490,373.73.
  • On Wednesday, September 27th, Thomas Aj Frank sold 16,340 shares of Interactive Brokers Group stock. The stock was sold at an average price of $44.25, for a total transaction of $723,045.00.
  • On Thursday, September 28th, Thomas Aj Frank sold 32,909 shares of Interactive Brokers Group stock. The stock was sold at an average price of $44.52, for a total transaction of $1,465,108.68.
  • On Monday, September 25th, Thomas Aj Frank sold 15,488 shares of Interactive Brokers Group stock. The stock was sold at an average price of $44.09, for a total transaction of $682,865.92.
  • On Tuesday, September 26th, Thomas Aj Frank sold 31,453 shares of Interactive Brokers Group stock. The stock was sold at an average price of $43.91, for a total transaction of $1,381,101.23.
  • On Friday, September 22nd, Thomas Aj Frank sold 32,730 shares of Interactive Brokers Group stock. The stock was sold at an average price of $43.58, for a total transaction of $1,426,373.40.
  • On Wednesday, September 20th, Thomas Aj Frank sold 32,543 shares of Interactive Brokers Group stock. The stock was sold at an average price of $43.46, for a total transaction of $1,414,318.78.

Shares of Interactive Brokers Group, Inc. (IBKR) traded up 0.31% on Thursday, hitting $47.94. The stock had a trading volume of 28,545 shares. The firm has a 50 day moving average of $43.74 and a 200 day moving average of $38.55. Interactive Brokers Group, Inc. has a 12 month low of $31.97 and a 12 month high of $48.15. The stock has a market cap of $3.43 billion, a P/E ratio of 46.82 and a beta of 0.96.

Interactive Brokers Group (NASDAQ:IBKR) last announced its quarterly earnings data on Tuesday, July 18th. The financial services provider reported $0.32 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.37 by ($0.05). Interactive Brokers Group had a return on equity of 1.19% and a net margin of 4.97%. The business had revenue of $387.00 million for the quarter, compared to analyst estimates of $377.65 million. During the same period in the prior year, the company earned $0.40 EPS. The company’s revenue was up 4.9% on a year-over-year basis. On average, equities analysts forecast that Interactive Brokers Group, Inc. will post $1.55 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 14th. Investors of record on Friday, September 1st were issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.84%. The ex-dividend date was Wednesday, August 30th. Interactive Brokers Group’s dividend payout ratio is presently 38.84%.

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A number of hedge funds have recently made changes to their positions in the stock. Public Employees Retirement System of Ohio grew its holdings in Interactive Brokers Group by 17.0% during the second quarter. Public Employees Retirement System of Ohio now owns 29,342 shares of the financial services provider’s stock worth $1,098,000 after acquiring an additional 4,260 shares during the period. Piedmont Investment Advisors LLC acquired a new position in Interactive Brokers Group during the second quarter worth $550,000. The Manufacturers Life Insurance Company grew its holdings in Interactive Brokers Group by 27.9% during the second quarter. The Manufacturers Life Insurance Company now owns 2,966 shares of the financial services provider’s stock worth $111,000 after acquiring an additional 647 shares during the period. Shelton Capital Management acquired a new position in Interactive Brokers Group during the second quarter worth $253,000. Finally, Western Standard LLC grew its holdings in Interactive Brokers Group by 0.7% during the second quarter. Western Standard LLC now owns 75,600 shares of the financial services provider’s stock worth $2,829,000 after acquiring an additional 500 shares during the period. 15.01% of the stock is currently owned by hedge funds and other institutional investors.

IBKR has been the topic of a number of analyst reports. Zacks Investment Research raised shares of Interactive Brokers Group from a “hold” rating to a “buy” rating and set a $47.00 price objective on the stock in a research note on Tuesday, September 19th. BidaskClub raised shares of Interactive Brokers Group from a “hold” rating to a “buy” rating in a research note on Tuesday, August 1st. SunTrust Banks, Inc. reaffirmed a “hold” rating and set a $40.00 price objective on shares of Interactive Brokers Group in a research note on Wednesday, October 4th. Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $38.00 price objective on shares of Interactive Brokers Group in a research note on Friday, June 30th. Finally, Rosenblatt Securities initiated coverage on shares of Interactive Brokers Group in a research note on Thursday, July 13th. They set a “neutral” rating and a $40.00 price objective on the stock. One investment analyst has rated the stock with a sell rating, five have given a hold rating, one has assigned a buy rating and one has given a strong buy rating to the stock. Interactive Brokers Group has an average rating of “Hold” and a consensus target price of $40.33.

About Interactive Brokers Group

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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