Interactive Brokers Group, Inc. (NASDAQ:IBKR) insider Thomas Aj Frank sold 20,218 shares of the business’s stock in a transaction that occurred on Wednesday, September 6th. The stock was sold at an average price of $41.99, for a total value of $848,953.82. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

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

  • On Friday, September 1st, Thomas Aj Frank sold 25,098 shares of Interactive Brokers Group stock. The stock was sold at an average price of $42.09, for a total value of $1,056,374.82.
  • On Wednesday, August 30th, Thomas Aj Frank sold 16,240 shares of Interactive Brokers Group stock. The stock was sold at an average price of $41.63, for a total value of $676,071.20.
  • On Monday, August 28th, Thomas Aj Frank sold 19,588 shares of Interactive Brokers Group stock. The stock was sold at an average price of $42.29, for a total value of $828,376.52.
  • On Thursday, August 24th, Thomas Aj Frank sold 16,241 shares of Interactive Brokers Group stock. The stock was sold at an average price of $41.72, for a total value of $677,574.52.
  • On Tuesday, August 22nd, Thomas Aj Frank sold 16,496 shares of Interactive Brokers Group stock. The stock was sold at an average price of $40.94, for a total value of $675,346.24.
  • On Friday, August 18th, Thomas Aj Frank sold 16,495 shares of Interactive Brokers Group stock. The stock was sold at an average price of $40.77, for a total value of $672,501.15.
  • On Wednesday, August 16th, Thomas Aj Frank sold 16,836 shares of Interactive Brokers Group stock. The stock was sold at an average price of $41.36, for a total value of $696,336.96.
  • On Monday, August 14th, Thomas Aj Frank sold 8,418 shares of Interactive Brokers Group stock. The stock was sold at an average price of $41.26, for a total value of $347,326.68.
  • On Friday, August 11th, Thomas Aj Frank sold 16,241 shares of Interactive Brokers Group stock. The stock was sold at an average price of $40.61, for a total value of $659,547.01.
  • On Wednesday, August 9th, Thomas Aj Frank sold 16,751 shares of Interactive Brokers Group stock. The stock was sold at an average price of $40.30, for a total value of $675,065.30.

Interactive Brokers Group, Inc. (NASDAQ IBKR) opened at 41.45 on Friday. Interactive Brokers Group, Inc. has a 12-month low of $31.97 and a 12-month high of $42.74. The company has a 50-day moving average price of $40.85 and a 200-day moving average price of $37.26. The firm has a market capitalization of $2.96 billion, a PE ratio of 40.48 and a beta of 0.94.

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

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 14th. Shareholders of record on Friday, September 1st will be paid a $0.10 dividend. The ex-dividend date is Wednesday, August 30th. This represents a $0.40 annualized dividend and a yield of 0.97%. Interactive Brokers Group’s payout ratio is currently 38.84%.

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Several research analysts have recently weighed in on the company. BidaskClub upgraded Interactive Brokers Group from a “buy” rating to a “strong-buy” rating in a report on Monday, August 14th. Zacks Investment Research cut Interactive Brokers Group from a “buy” rating to a “hold” rating in a report on Thursday, July 20th. Rosenblatt Securities assumed coverage on Interactive Brokers Group in a report on Thursday, July 13th. They set a “neutral” rating and a $40.00 target price on the stock. SunTrust Banks, Inc. restated a “hold” rating and set a $38.00 target price on shares of Interactive Brokers Group in a report on Thursday, July 6th. Finally, Keefe, Bruyette & Woods restated a “hold” rating and set a $38.00 target price on shares of Interactive Brokers Group in a report on Friday, June 30th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and one has issued a strong buy rating to the stock. Interactive Brokers Group has a consensus rating of “Hold” and an average target price of $39.17.

A number of hedge funds have recently added to or reduced their stakes in the business. Municipal Employees Retirement System of Michigan grew its stake in Interactive Brokers Group by 1.2% in the 1st quarter. Municipal Employees Retirement System of Michigan now owns 15,530 shares of the financial services provider’s stock worth $539,000 after acquiring an additional 190 shares during the period. Alliancebernstein L.P. grew its stake in Interactive Brokers Group by 0.6% in the 2nd quarter. Alliancebernstein L.P. now owns 34,504 shares of the financial services provider’s stock worth $1,291,000 after acquiring an additional 196 shares during the period. Gamco Investors INC. ET AL grew its stake in Interactive Brokers Group by 0.7% in the 2nd quarter. Gamco Investors INC. ET AL now owns 29,100 shares of the financial services provider’s stock worth $1,089,000 after acquiring an additional 200 shares during the period. Prudential Financial Inc. grew its stake in Interactive Brokers Group by 0.3% in the 1st quarter. Prudential Financial Inc. now owns 113,689 shares of the financial services provider’s stock worth $3,947,000 after acquiring an additional 390 shares during the period. Finally, Texas Permanent School Fund grew its stake in Interactive Brokers Group by 0.8% in the 2nd quarter. Texas Permanent School Fund now owns 49,638 shares of the financial services provider’s stock worth $1,857,000 after acquiring an additional 416 shares during the period. 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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