Interactive Brokers Group, Inc. (NASDAQ:IBKR) insider Thomas Aj Frank sold 33,105 shares of the company’s stock in a transaction on Wednesday, October 4th. The shares were sold at an average price of $47.10, for a total value of $1,559,245.50. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

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

  • On Wednesday, October 11th, Thomas Aj Frank sold 16,109 shares of Interactive Brokers Group stock. The shares were sold at an average price of $47.65, for a total value of $767,593.85.
  • On Thursday, October 12th, Thomas Aj Frank sold 32,772 shares of Interactive Brokers Group stock. The shares were sold at an average price of $47.75, for a total value of $1,564,863.00.
  • On Monday, October 9th, Thomas Aj Frank sold 16,127 shares of Interactive Brokers Group stock. The shares were sold at an average price of $47.63, for a total value of $768,129.01.
  • On Tuesday, October 10th, Thomas Aj Frank sold 32,977 shares of Interactive Brokers Group stock. The stock was sold at an average price of $47.43, for a total value of $1,564,099.11.
  • 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 value of $1,581,132.98.
  • 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 value 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 value 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 value 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 value 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 value of $1,381,101.23.

Interactive Brokers Group, Inc. (NASDAQ:IBKR) remained flat at $47.64 during mid-day trading on Friday. 312,574 shares of the company traded hands. Interactive Brokers Group, Inc. has a 12-month low of $31.97 and a 12-month high of $48.15. The firm has a market cap of $3.40 billion, a PE ratio of 46.52 and a beta of 0.96. The stock has a 50-day moving average price of $44.06 and a 200-day moving average price of $38.71.

Interactive Brokers Group (NASDAQ:IBKR) last released its earnings results on Tuesday, July 18th. The financial services provider reported $0.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.37 by ($0.05). The business had revenue of $387.00 million during 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 was up 4.9% on a year-over-year basis. During the same period in the prior year, the company earned $0.40 earnings per share. Analysts expect that Interactive Brokers Group, Inc. will post $1.56 earnings per share for the current year.

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

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Hedge funds have recently added to or reduced their stakes in the company. BlackRock Inc. lifted its stake in Interactive Brokers Group by 75,132.1% in the first quarter. BlackRock Inc. now owns 6,629,451 shares of the financial services provider’s stock valued at $230,176,000 after purchasing an additional 6,620,639 shares during the last quarter. Cantillon Capital Management LLC purchased a new position in Interactive Brokers Group in the second quarter valued at approximately $72,067,000. OppenheimerFunds Inc. lifted its stake in Interactive Brokers Group by 3,912.4% in the first quarter. OppenheimerFunds Inc. now owns 888,917 shares of the financial services provider’s stock valued at $30,863,000 after purchasing an additional 866,763 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC lifted its stake in Interactive Brokers Group by 68.6% in the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 1,974,810 shares of the financial services provider’s stock valued at $73,898,000 after purchasing an additional 803,838 shares during the last quarter. Finally, Bares Capital Management Inc. lifted its stake in Interactive Brokers Group by 24.4% in the first quarter. Bares Capital Management Inc. now owns 4,014,605 shares of the financial services provider’s stock valued at $139,387,000 after purchasing an additional 788,086 shares during the last quarter. 15.01% of the stock is owned by institutional investors.

A number of research analysts recently issued reports on the company. BidaskClub upgraded Interactive Brokers Group from a “buy” rating to a “strong-buy” rating in a report on Monday, August 14th. SunTrust Banks, Inc. reiterated a “hold” rating and set a $40.00 price objective on shares of Interactive Brokers Group in a report on Wednesday, October 4th. Rosenblatt Securities assumed coverage on Interactive Brokers Group in a report on Thursday, July 13th. They set a “neutral” rating and a $40.00 price objective for the company. Zacks Investment Research upgraded Interactive Brokers Group from a “hold” rating to a “buy” rating and set a $47.00 price objective for the company in a report on Tuesday, September 19th. Finally, Keefe, Bruyette & Woods restated a “hold” rating and issued a $38.00 price target on shares of Interactive Brokers Group in a research note on Friday, June 30th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target 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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