Interactive Brokers Group, Inc. (NASDAQ:IBKR) Vice Chairman Earl H. Nemser sold 1,666 shares of the firm’s stock in a transaction dated Friday, September 1st. The shares were sold at an average price of $41.84, for a total value of $69,705.44. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Interactive Brokers Group, Inc. (IBKR) opened at 41.66 on Thursday. The stock has a market cap of $2.98 billion, a PE ratio of 40.68 and a beta of 0.94. The stock has a 50 day moving average price of $40.62 and a 200 day moving average price of $37.20. Interactive Brokers Group, Inc. has a 52 week low of $31.97 and a 52 week high of $42.74.

Interactive Brokers Group (NASDAQ:IBKR) last issued its quarterly earnings results on Tuesday, July 18th. The financial services provider reported $0.32 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.37 by $0.05. The firm had revenue of $387 million for the quarter, compared to the consensus estimate of $377.65 million. Interactive Brokers Group had a net margin of 4.97% and a return on equity of 1.19%. The business’s revenue for the quarter was up 4.9% compared to the same quarter last year. During the same period in the previous year, the business posted $0.40 earnings per share. On average, equities analysts predict that Interactive Brokers Group, Inc. will post $1.51 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 14th. Shareholders of record on Friday, September 1st will be paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.96%. The ex-dividend date is Wednesday, August 30th. Interactive Brokers Group’s payout ratio is currently 38.84%.

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A number of equities analysts recently commented on IBKR shares. Zacks Investment Research upgraded Interactive Brokers Group from a “hold” rating to a “buy” rating and set a $42.00 target price for the company in a report on Monday, July 10th. Keefe, Bruyette & Woods reiterated a “hold” rating on shares of Interactive Brokers Group in a research note on Friday, May 26th. BidaskClub upgraded Interactive Brokers Group from a “hold” rating to a “buy” rating in a research note on Thursday, July 6th. SunTrust Banks, Inc. reiterated a “hold” rating and issued a $38.00 price objective on shares of Interactive Brokers Group in a research note on Thursday, July 6th. Finally, ValuEngine upgraded Interactive Brokers Group from a “sell” rating to a “hold” rating in a research note on Thursday, June 8th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and one has assigned a strong buy rating to the stock. The company has an average rating of “Hold” and an average target price of $39.17.

Hedge funds and other institutional investors have recently modified their holdings of the business. Swiss National Bank boosted its stake in Interactive Brokers Group by 1.2% during the 1st quarter. Swiss National Bank now owns 106,400 shares of the financial services provider’s stock valued at $3,694,000 after purchasing an additional 1,300 shares in the last quarter. Teachers Advisors LLC boosted its stake in Interactive Brokers Group by 7.9% during the 4th quarter. Teachers Advisors LLC now owns 66,885 shares of the financial services provider’s stock valued at $2,442,000 after purchasing an additional 4,914 shares in the last quarter. Oakcliff Capital Partners LP bought a new position in Interactive Brokers Group during the 1st quarter valued at $16,817,000. KCG Holdings Inc. boosted its stake in Interactive Brokers Group by 8.4% during the 1st quarter. KCG Holdings Inc. now owns 11,854 shares of the financial services provider’s stock valued at $412,000 after purchasing an additional 917 shares in the last quarter. Finally, Gamco Investors INC. ET AL bought a new position in Interactive Brokers Group during the 1st quarter valued at $1,003,000. 15.01% of the stock is owned by hedge funds and other institutional investors.

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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