Interactive Brokers Group, Inc. (NASDAQ:IBKR) Chairman Sells $1,509,200.00 in Stock


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Interactive Brokers Group, Inc. (NASDAQ:IBKR) Chairman Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock in a transaction dated Monday, April 5th. The stock was sold at an average price of $75.46, for a total value of $1,509,200.00. Following the completion of the transaction, the chairman now owns 8,256,211 shares of the company’s stock, valued at $623,013,682.06. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Thomas Peterffy also recently made the following trade(s):

  • On Wednesday, March 31st, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The stock was sold at an average price of $73.45, for a total value of $1,469,000.00.
  • On Monday, March 29th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The stock was sold at an average price of $72.16, for a total value of $1,443,200.00.
  • On Friday, March 26th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The stock was sold at an average price of $73.32, for a total value of $1,466,400.00.
  • On Wednesday, March 24th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The stock was sold at an average price of $76.30, for a total value of $1,526,000.00.
  • On Monday, March 22nd, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The stock was sold at an average price of $78.18, for a total value of $1,563,600.00.
  • On Thursday, March 18th, Thomas Peterffy sold 40,000 shares of Interactive Brokers Group stock. The stock was sold at an average price of $77.82, for a total value of $3,112,800.00.
  • On Monday, March 15th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The shares were sold at an average price of $78.08, for a total value of $1,561,600.00.
  • On Friday, March 12th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The shares were sold at an average price of $78.42, for a total value of $1,568,400.00.
  • On Wednesday, March 10th, Thomas Peterffy sold 40,000 shares of Interactive Brokers Group stock. The shares were sold at an average price of $78.46, for a total value of $3,138,400.00.
  • On Monday, March 8th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The shares were sold at an average price of $76.07, for a total value of $1,521,400.00.

NASDAQ IBKR opened at $74.01 on Thursday. The stock has a market capitalization of $30.84 billion, a P/E ratio of 34.42 and a beta of 0.84. Interactive Brokers Group, Inc. has a 1 year low of $36.25 and a 1 year high of $80.57. The business’s fifty day moving average is $75.35 and its two-hundred day moving average is $61.85.

Interactive Brokers Group (NASDAQ:IBKR) last announced its earnings results on Tuesday, January 19th. The financial services provider reported $0.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.59 by $0.10. Interactive Brokers Group had a net margin of 6.90% and a return on equity of 2.24%. The company had revenue of $599.00 million for the quarter, compared to the consensus estimate of $534.50 million. On average, sell-side analysts predict that Interactive Brokers Group, Inc. will post 2.37 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Friday, March 12th. Shareholders of record on Monday, March 1st were paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 0.54%. The ex-dividend date was Friday, February 26th. Interactive Brokers Group’s dividend payout ratio (DPR) is currently 17.62%.

Several equities research analysts recently commented on the company. Zacks Investment Research cut Interactive Brokers Group from a “buy” rating to a “hold” rating and set a $62.00 target price on the stock. in a report on Tuesday, December 22nd. Compass Point boosted their target price on Interactive Brokers Group from $65.00 to $75.00 and gave the stock a “buy” rating in a report on Wednesday, January 20th. Wells Fargo & Company boosted their target price on Interactive Brokers Group from $58.00 to $66.00 and gave the stock an “underweight” rating in a report on Wednesday, January 20th. Jefferies Financial Group assumed coverage on Interactive Brokers Group in a report on Thursday, March 11th. They set a “buy” rating and a $89.00 target price on the stock. Finally, The Goldman Sachs Group boosted their target price on Interactive Brokers Group from $73.00 to $83.00 and gave the stock a “neutral” rating in a report on Monday. One analyst has rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the stock. Interactive Brokers Group has an average rating of “Hold” and a consensus price target of $70.71.

A number of large investors have recently made changes to their positions in IBKR. Greenwich Wealth Management LLC raised its stake in Interactive Brokers Group by 1,482.2% during the 4th quarter. Greenwich Wealth Management LLC now owns 10,011,408 shares of the financial services provider’s stock valued at $609,895,000 after purchasing an additional 9,378,652 shares during the period. Thunderbird Partners LLP acquired a new stake in Interactive Brokers Group during the 3rd quarter valued at $74,029,000. Norges Bank purchased a new position in shares of Interactive Brokers Group during the 4th quarter valued at $47,763,000. BlackRock Inc. grew its holdings in shares of Interactive Brokers Group by 5.3% during the 4th quarter. BlackRock Inc. now owns 6,594,169 shares of the financial services provider’s stock valued at $401,716,000 after acquiring an additional 332,516 shares in the last quarter. Finally, Morgan Stanley boosted its holdings in Interactive Brokers Group by 106.3% in the fourth quarter. Morgan Stanley now owns 274,554 shares of the financial services provider’s stock worth $16,725,000 after purchasing an additional 141,474 shares in the last quarter. 16.08% of the stock is currently owned by institutional investors.

About Interactive Brokers Group

Interactive Brokers Group, Inc operates as an investment holding company, which engages in broker or dealer and proprietary trading businesses. It operates through the following segments: Electronic Brokerage and Corporate. The Electronic Brokerage segment is a direct market access broker, which serve the customers of both traditional brokers and prime brokers.

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Insider Buying and Selling by Quarter for Interactive Brokers Group (NASDAQ:IBKR)

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