Thomas Aj Frank Sells 15,976 Shares of Interactive Brokers Group, Inc. (NASDAQ:IBKR) Stock

Interactive Brokers Group, Inc. (NASDAQ:IBKR) insider Thomas Aj Frank sold 15,976 shares of the stock in a transaction that occurred on Wednesday, January 12th. The shares were sold at an average price of $77.31, for a total transaction of $1,235,104.56. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

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

  • On Monday, January 10th, Thomas Aj Frank sold 16,055 shares of Interactive Brokers Group stock. The shares were sold at an average price of $75.75, for a total transaction of $1,216,166.25.
  • On Friday, January 7th, Thomas Aj Frank sold 16,842 shares of Interactive Brokers Group stock. The shares were sold at an average price of $77.23, for a total transaction of $1,300,707.66.
  • On Wednesday, January 5th, Thomas Aj Frank sold 16,841 shares of Interactive Brokers Group stock. The shares were sold at an average price of $77.97, for a total transaction of $1,313,092.77.
  • On Monday, January 3rd, Thomas Aj Frank sold 16,606 shares of Interactive Brokers Group stock. The shares were sold at an average price of $78.84, for a total transaction of $1,309,217.04.
  • On Wednesday, December 29th, Thomas Aj Frank sold 16,842 shares of Interactive Brokers Group stock. The shares were sold at an average price of $81.03, for a total transaction of $1,364,707.26.
  • On Monday, December 27th, Thomas Aj Frank sold 16,842 shares of Interactive Brokers Group stock. The shares were sold at an average price of $80.38, for a total transaction of $1,353,759.96.
  • On Wednesday, December 22nd, Thomas Aj Frank sold 16,842 shares of Interactive Brokers Group stock. The shares were sold at an average price of $77.94, for a total transaction of $1,312,665.48.
  • On Monday, December 20th, Thomas Aj Frank sold 16,841 shares of Interactive Brokers Group stock. The shares were sold at an average price of $74.86, for a total transaction of $1,260,717.26.
  • On Friday, December 17th, Thomas Aj Frank sold 16,842 shares of Interactive Brokers Group stock. The shares were sold at an average price of $77.83, for a total transaction of $1,310,812.86.
  • On Wednesday, December 15th, Thomas Aj Frank sold 16,291 shares of Interactive Brokers Group stock. The shares were sold at an average price of $75.81, for a total transaction of $1,235,020.71.

IBKR stock opened at $74.75 on Friday. Interactive Brokers Group, Inc. has a one year low of $58.84 and a one year high of $82.83. The stock has a market capitalization of $31.25 billion, a PE ratio of 21.99, a price-to-earnings-growth ratio of 0.92 and a beta of 0.67. The company has a fifty day moving average of $76.49 and a 200-day moving average of $69.33.

Interactive Brokers Group (NASDAQ:IBKR) last released its earnings results on Monday, October 18th. The financial services provider reported $0.78 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.76 by $0.02. Interactive Brokers Group had a net margin of 10.95% and a return on equity of 3.13%. The company had revenue of $464.00 million during the quarter, compared to analysts’ expectations of $639.15 million. During the same quarter last year, the business earned $0.53 EPS. The business’s revenue was down 15.3% on a year-over-year basis. Equities research analysts forecast that Interactive Brokers Group, Inc. will post 3.39 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 14th. Stockholders of record on Wednesday, December 1st were paid a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.54%. The ex-dividend date of this dividend was Tuesday, November 30th. Interactive Brokers Group’s dividend payout ratio (DPR) is presently 11.76%.

IBKR has been the subject of a number of recent research reports. The Goldman Sachs Group increased their price target on shares of Interactive Brokers Group from $81.00 to $96.00 and gave the stock a “neutral” rating in a research note on Tuesday. Bank of America initiated coverage on shares of Interactive Brokers Group in a research note on Wednesday, December 15th. They set a “buy” rating and a $126.00 price target for the company. Finally, Zacks Investment Research upgraded shares of Interactive Brokers Group from a “hold” rating to a “buy” rating and set a $81.00 price target for the company in a research note on Wednesday, November 24th. One research analyst has rated the stock with a sell rating, one has given a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $91.86.

Hedge funds have recently added to or reduced their stakes in the company. Penserra Capital Management LLC acquired a new stake in shares of Interactive Brokers Group in the 3rd quarter worth $29,000. Rosenberg Matthew Hamilton purchased a new position in shares of Interactive Brokers Group in the 3rd quarter valued at about $30,000. Benjamin F. Edwards & Company Inc. purchased a new position in shares of Interactive Brokers Group in the 3rd quarter valued at about $42,000. Koshinski Asset Management Inc. purchased a new position in shares of Interactive Brokers Group in the 3rd quarter valued at about $50,000. Finally, Rockefeller Capital Management L.P. increased its holdings in shares of Interactive Brokers Group by 2,084.6% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 852 shares of the financial services provider’s stock valued at $52,000 after purchasing an additional 813 shares in the last quarter. Institutional investors own 19.43% of the company’s stock.

Interactive Brokers Group Company Profile

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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