Interactive Brokers Group (NASDAQ:IBKR – Get Free Report) had its price objective boosted by equities researchers at The Goldman Sachs Group from $89.00 to $98.00 in a research report issued on Wednesday,Benzinga reports. The firm presently has a “buy” rating on the financial services provider’s stock. The Goldman Sachs Group’s target price points to a potential upside of 25.72% from the stock’s previous close.
A number of other research firms also recently commented on IBKR. Jefferies Financial Group cut their price objective on shares of Interactive Brokers Group from $91.00 to $81.00 and set a “buy” rating for the company in a report on Monday, April 6th. Zacks Research cut shares of Interactive Brokers Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 24th. Piper Sandler increased their price target on shares of Interactive Brokers Group from $80.00 to $88.00 and gave the company an “overweight” rating in a research note on Wednesday. Barclays increased their price target on shares of Interactive Brokers Group from $85.00 to $93.00 and gave the company an “overweight” rating in a research note on Wednesday. Finally, BMO Capital Markets increased their price target on shares of Interactive Brokers Group from $80.00 to $93.00 and gave the company an “outperform” rating in a research note on Wednesday. Seven equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $83.25.
Read Our Latest Stock Analysis on IBKR
Interactive Brokers Group Trading Down 2.1%
Interactive Brokers Group (NASDAQ:IBKR – Get Free Report) last released its quarterly earnings data on Tuesday, April 21st. The financial services provider reported $0.60 EPS for the quarter, beating analysts’ consensus estimates of $0.57 by $0.03. The company had revenue of $1.68 billion during the quarter, compared to the consensus estimate of $1.69 billion. Interactive Brokers Group had a net margin of 9.44% and a return on equity of 5.12%. Interactive Brokers Group’s quarterly revenue was up 17.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.94 EPS. On average, analysts forecast that Interactive Brokers Group will post 2.45 earnings per share for the current fiscal year.
Insider Buying and Selling at Interactive Brokers Group
In related news, Vice Chairman Earl H. Nemser sold 145,000 shares of the stock in a transaction that occurred on Friday, January 23rd. The shares were sold at an average price of $77.85, for a total transaction of $11,288,250.00. Following the completion of the transaction, the insider owned 155,000 shares of the company’s stock, valued at approximately $12,066,750. This trade represents a 48.33% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Over the last three months, insiders have sold 400,000 shares of company stock worth $30,725,122. Company insiders own 2.80% of the company’s stock.
Hedge Funds Weigh In On Interactive Brokers Group
A number of hedge funds have recently made changes to their positions in the stock. HM Payson & Co. boosted its position in Interactive Brokers Group by 5.8% in the 4th quarter. HM Payson & Co. now owns 2,411 shares of the financial services provider’s stock valued at $155,000 after buying an additional 133 shares during the period. Ashton Thomas Private Wealth LLC boosted its position in Interactive Brokers Group by 1.3% in the 4th quarter. Ashton Thomas Private Wealth LLC now owns 11,483 shares of the financial services provider’s stock valued at $738,000 after buying an additional 143 shares during the period. Ballentine Partners LLC boosted its position in Interactive Brokers Group by 1.0% in the 3rd quarter. Ballentine Partners LLC now owns 15,389 shares of the financial services provider’s stock valued at $1,059,000 after buying an additional 145 shares during the period. Caitlin John LLC boosted its position in Interactive Brokers Group by 0.6% in the 3rd quarter. Caitlin John LLC now owns 25,195 shares of the financial services provider’s stock valued at $1,734,000 after buying an additional 153 shares during the period. Finally, S&CO Inc. boosted its position in Interactive Brokers Group by 0.3% in the 4th quarter. S&CO Inc. now owns 63,080 shares of the financial services provider’s stock valued at $4,056,000 after buying an additional 160 shares during the period. Hedge funds and other institutional investors own 23.80% of the company’s stock.
Key Interactive Brokers Group News
Here are the key news stories impacting Interactive Brokers Group this week:
- Positive Sentiment: Several brokerages raised price targets (BMO, Barclays, Piper Sandler), signaling analyst confidence and providing upside thesis for the shares. Analyst Price Target Raises Piper Sandler Note
- Positive Sentiment: The board raised the quarterly dividend ~9.4% to $0.0875 per share (annualized yield ~0.4%), which supports shareholder return expectations. Dividend Announcement
- Positive Sentiment: Interactive Brokers reported strong customer traction — about a 32% year-over-year jump in retail and institutional accounts in Q1 — which supports revenue growth potential from higher DARTs and assets. Account Growth Report
- Neutral Sentiment: An institutional investor (Asset Management One Co. Ltd.) added ~8,870 shares, a minor position change that is not likely to move the stock materially. 13F Filing
- Negative Sentiment: Q1 results were mixed: EPS roughly in line or slightly below some estimates (reported $0.60 vs. various Street numbers) and revenue narrowly missed consensus ($1.68B reported vs. ~$1.69B expected). Management flagged higher operating expenses year-over-year, which compressed margins despite revenue growth. Earnings/Expenses Coverage
- Negative Sentiment: Market reaction focused on the revenue miss and margin pressure, prompting near-term selling after the print. Market Reaction
About Interactive Brokers Group
Interactive Brokers Group, Inc (NASDAQ: IBKR) is a global electronic brokerage holding company that provides trading, clearing and custody services to retail traders, institutional investors, proprietary trading groups and financial advisors. The firm offers direct access to a wide range of asset classes, including equities, options, futures, foreign exchange, bonds and exchange-traded funds across many international markets. Interactive Brokers emphasizes electronic order execution, automated trading and low transaction costs as core differentiators for its clients.
Its product suite centers on advanced trading platforms and infrastructure.
Featured Articles
Receive News & Ratings for Interactive Brokers Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Interactive Brokers Group and related companies with MarketBeat.com's FREE daily email newsletter.
