Interactive Brokers Group, Inc. (IBKR) CFO Paul Jonathan Brody Sells 11,311 Shares of Stock

Interactive Brokers Group, Inc. (NASDAQ:IBKR) CFO Paul Jonathan Brody sold 11,311 shares of Interactive Brokers Group stock in a transaction dated Wednesday, October 18th. The stock was sold at an average price of $48.63, for a total value of $550,053.93. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

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

  • On Monday, October 16th, Paul Jonathan Brody sold 11,033 shares of Interactive Brokers Group stock. The stock was sold at an average price of $47.58, for a total value of $524,950.14.
  • On Wednesday, October 11th, Paul Jonathan Brody sold 5,759 shares of Interactive Brokers Group stock. The stock was sold at an average price of $47.64, for a total value of $274,358.76.
  • On Thursday, October 12th, Paul Jonathan Brody sold 11,241 shares of Interactive Brokers Group stock. The stock was sold at an average price of $47.73, for a total value of $536,532.93.
  • 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.

Shares of Interactive Brokers Group, Inc. (NASDAQ IBKR) traded down 0.10% on Friday, hitting $49.37. The stock had a trading volume of 573,789 shares. The firm has a 50 day moving average of $44.82 and a 200-day moving average of $39.11. Interactive Brokers Group, Inc. has a 1-year low of $31.97 and a 1-year high of $50.73. The firm has a market capitalization of $3.51 billion, a price-to-earnings ratio of 42.45 and a beta of 0.96.

Interactive Brokers Group (NASDAQ:IBKR) last issued its quarterly earnings data on Tuesday, October 17th. The financial services provider reported $0.43 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.38 by $0.05. Interactive Brokers Group had a net margin of 5.29% and a return on equity of 1.35%. The business had revenue of $426.00 million during the quarter, compared to analyst estimates of $382.85 million. During the same period last year, the business posted $0.30 earnings per share. Interactive Brokers Group’s quarterly revenue was up 23.5% compared to the same quarter last year. Equities analysts predict that Interactive Brokers Group, Inc. will post $1.63 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 14th. Shareholders of record on Friday, December 1st will be issued a $0.10 dividend. The ex-dividend date is Thursday, November 30th. This represents a $0.40 annualized dividend and a yield of 0.81%. Interactive Brokers Group’s dividend payout ratio (DPR) is presently 34.48%.

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Institutional investors and hedge funds have recently modified their holdings of the business. The Manufacturers Life Insurance Company lifted its holdings in 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 period. Riverhead Capital Management LLC lifted its holdings in 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 period. BlueCrest Capital Management Ltd purchased a new stake in Interactive Brokers Group in the first quarter worth about $224,000. Hartford Investment Management Co. purchased a new stake in Interactive Brokers Group in the second quarter worth about $239,000. Finally, Shelton Capital Management purchased a new stake in Interactive Brokers Group in the second quarter worth about $253,000. Institutional investors and hedge funds own 15.01% of the company’s stock.

Several research analysts have commented on the company. BidaskClub raised Interactive Brokers Group from a “buy” rating to a “strong-buy” rating in a report on Monday, August 14th. SunTrust Banks, Inc. boosted their price objective on Interactive Brokers Group to $48.00 and gave the company an “average” rating in a research note on Wednesday. Rosenblatt Securities assumed coverage on Interactive Brokers Group in a research note on Thursday, July 13th. They issued a “neutral” rating and a $40.00 price objective on the stock. Zacks Investment Research raised Interactive Brokers Group from a “hold” rating to a “buy” rating and set a $47.00 price objective on the stock in a research note on Tuesday, September 19th. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and issued a $38.00 price objective on shares of Interactive Brokers Group in a research note on Friday, June 30th. One equities 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 assigned a strong buy rating to the company. Interactive Brokers Group currently has an average rating of “Hold” and a consensus price target of $41.67.

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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