Insider Selling: Interactive Brokers Group, Inc. (IBKR) CFO Sells 11,241 Shares of Stock

Interactive Brokers Group, Inc. (NASDAQ:IBKR) CFO Paul Jonathan Brody sold 11,241 shares of the firm’s stock in a transaction dated Thursday, October 12th. The stock was sold at an average price of $47.73, for a total value of $536,532.93. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Paul Jonathan Brody also recently made the following trade(s):

  • On Monday, October 9th, Paul Jonathan Brody sold 5,412 shares of Interactive Brokers Group stock. The stock was sold at an average price of $47.64, for a total value of $257,827.68.
  • On Tuesday, October 10th, Paul Jonathan Brody sold 10,339 shares of Interactive Brokers Group stock. The stock was sold at an average price of $47.45, for a total value of $490,585.55.
  • On Friday, October 6th, Paul Jonathan Brody sold 11,519 shares of Interactive Brokers Group stock. The stock was sold at an average price of $47.53, for a total value of $547,498.07.
  • On Wednesday, October 4th, Paul Jonathan Brody sold 10,617 shares of Interactive Brokers Group stock. The stock was sold at an average price of $47.11, for a total value of $500,166.87.
  • On Monday, October 2nd, Paul Jonathan Brody sold 11,310 shares of Interactive Brokers Group stock. The stock was sold at an average price of $45.20, for a total value of $511,212.00.
  • On Wednesday, September 27th, Paul Jonathan Brody sold 5,759 shares of Interactive Brokers Group stock. The stock was sold at an average price of $44.27, for a total value of $254,950.93.
  • On Thursday, September 28th, Paul Jonathan Brody sold 11,172 shares of Interactive Brokers Group stock. The stock was sold at an average price of $44.52, for a total value of $497,377.44.
  • On Monday, September 25th, Paul Jonathan Brody sold 5,482 shares of Interactive Brokers Group stock. The stock was sold at an average price of $44.09, for a total value of $241,701.38.
  • On Tuesday, September 26th, Paul Jonathan Brody sold 10,825 shares of Interactive Brokers Group stock. The stock was sold at an average price of $43.92, for a total value of $475,434.00.
  • On Friday, September 22nd, Paul Jonathan Brody sold 11,519 shares of Interactive Brokers Group stock. The stock was sold at an average price of $43.59, for a total value of $502,113.21.

Shares of Interactive Brokers Group, Inc. (IBKR) remained flat at $47.64 during midday trading on Friday. 310,836 shares of the stock traded hands. The company’s 50 day moving average price is $43.91 and its 200 day moving average price is $38.62. The firm has a market cap of $3.40 billion, a price-to-earnings ratio of 46.52 and a beta of 0.96. Interactive Brokers Group, Inc. has a 1-year low of $31.97 and a 1-year high of $48.15.

Interactive Brokers Group (NASDAQ:IBKR) last announced its quarterly earnings results on Tuesday, July 18th. The financial services provider reported $0.32 earnings per share for the quarter, missing analysts’ consensus estimates 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 company had revenue of $387.00 million during the quarter, compared to analyst estimates of $377.65 million. During the same period in the prior year, the firm earned $0.40 EPS. Interactive Brokers Group’s quarterly revenue was up 4.9% on a year-over-year basis. Analysts predict that Interactive Brokers Group, Inc. will post $1.56 earnings per share for the current year.

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

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Large investors have recently made changes to their positions in the business. The Manufacturers Life Insurance Company lifted its position in shares of Interactive Brokers Group by 27.9% in the second quarter. The Manufacturers Life Insurance Company now owns 2,966 shares of the financial services provider’s stock worth $111,000 after buying an additional 647 shares during the last quarter. Riverhead Capital Management LLC lifted its position in shares of Interactive Brokers Group by 71.9% in the second quarter. Riverhead Capital Management LLC now owns 3,095 shares of the financial services provider’s stock worth $116,000 after buying an additional 1,295 shares during the last quarter. BlueCrest Capital Management Ltd acquired a new stake in shares of Interactive Brokers Group in the first quarter worth about $224,000. Hartford Investment Management Co. acquired a new stake in shares of Interactive Brokers Group in the second quarter worth about $239,000. Finally, Shelton Capital Management acquired a new stake in shares of Interactive Brokers Group in the second quarter worth about $253,000. 15.01% of the stock is owned by institutional investors.

A number of equities analysts have recently commented 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. restated a “hold” rating and issued 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 issued a “neutral” rating and a $40.00 price objective on the stock. Zacks Investment Research upgraded Interactive Brokers Group from a “hold” rating to a “buy” rating and set a $47.00 price objective on the stock in a report on Tuesday, September 19th. Finally, Keefe, Bruyette & Woods restated a “hold” rating and issued a $38.00 price objective on shares of Interactive Brokers Group in a report on Friday, June 30th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, one has given a buy rating and one has issued a strong buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $40.33.

Interactive Brokers Group Company Profile

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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