Interactive Brokers Group, Inc. (NASDAQ: IBKR) Thomas Aj Frank, insider, sells 18,574 shares

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Interactive Brokers Group, Inc. (NASDAQ: IBKR) insider Thomas Aj Frank sold 18,574 shares of the company in a trade that took place on Wednesday, September 29. The stock was sold for an average price of $ 64.93, for a total value of $ 1,206,009.82. The transaction was disclosed in a legal file with the Securities & Exchange Commission, accessible through this link.

Thomas Aj Frank also recently completed the following transactions:

  • On Monday, September 27, Thomas Aj Frank sold 18,259 shares of Interactive Brokers Group. The stock was sold at an average price of $ 64.77, for a total transaction of $ 1,182,635.43.
  • On Friday, September 24, Thomas Aj Frank sold 18,573 shares of Interactive Brokers Group. The stock was sold for an average price of $ 62.55, for a total value of $ 1,161,741.15.
  • On Wednesday September 22, Thomas Aj Frank sold 18,416 shares of Interactive Brokers Group. The stock was sold for an average price of $ 60.20, for a total value of $ 1,108,643.20.
  • On Monday, September 20, Thomas Aj Frank sold 17,782 shares of Interactive Brokers Group. The shares were sold for an average price of $ 59.42, for a total value of $ 1,056,606.44.
  • On Friday, September 17, Thomas Aj Frank sold 18,573 shares of Interactive Brokers Group. The shares were sold at an average price of $ 61.66, for a total transaction of $ 1,145,211.18.
  • On Monday, September 13, Thomas Aj Frank sold 17,865 shares of Interactive Brokers Group. The stock was sold at an average price of $ 62.46, for a total trade of $ 1,115,847.90.
  • On Thursday, September 9, Thomas Aj Frank sold 18,573 shares of Interactive Brokers Group. The stock was sold for an average price of $ 63.37, for a total value of $ 1,176,971.01.
  • On Monday August 23, Thomas Aj Frank sold 18,573 shares of Interactive Brokers Group. The stock was sold for an average price of $ 62.38, for a total trade of $ 1,158,583.74.
  • On Friday August 20, Thomas Aj Frank sold 18,180 shares of Interactive Brokers Group. The shares were sold for an average price of $ 61.68, for a total value of $ 1,121,342.40.
  • On Wednesday August 18, Thomas Aj Frank sold 18,416 shares of Interactive Brokers Group. The stock was sold at an average price of $ 62.09, for a total trade of $ 1,143,449.44.
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NASDAQ: IBKR traded higher $ 2.18 in Friday’s noon session, reaching $ 64.52. 732,556 shares of the company traded hands, compared to its average volume of 853,564. Interactive Brokers Group, Inc. has a twelve-month low of $ 46.71 and a twelve-month high of $ 80.57. The company has a market cap of $ 26.97 billion, a price-to-earnings ratio of 18.21 and a beta of 0.66. The company has a fifty-day moving average price of $ 62.75 and a 200-day moving average price of $ 66.98.

Interactive Brokers Group (NASDAQ: IBKR) last released its quarterly results on Monday, July 19. The financial services provider reported EPS of $ 0.82 for the quarter, hitting the Zacks’ consensus estimate of $ 0.82. The company posted revenue of $ 754.00 million for the quarter, compared to analysts’ estimates of $ 701.17 million. Interactive Brokers Group had a net margin of 10.80% and a return on equity of 2.89%. The company’s quarterly revenue increased 39.9% compared to the same quarter last year. In the same quarter of last year, the company posted earnings per share of $ 0.57. On average, sell-side analysts predict that Interactive Brokers Group, Inc. will post earnings per share of 3.13 for the current year.

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 14. Shareholders of record on Wednesday, September 1 received a dividend of $ 0.10. This represents an annualized dividend of $ 0.40 and a dividend yield of 0.62%. The ex-dividend date of this dividend was Tuesday August 31. Interactive Brokers Group’s dividend payout ratio (DPR) is currently 16.06%.

Separately, Zacks Investment Research downgraded Interactive Brokers Group shares from a “buy” rating to a “hold” rating and set a target price of $ 72.00 for the stock. in a research note on Wednesday June 9. One analyst assigned a sell rating to the stock, two assigned a conservation rating, and three assigned a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $ 82.50.

Several hedge funds and other institutional investors have recently bought and sold shares in the company. LPL Financial LLC increased its stake in Interactive Brokers Group shares by 1.6% in the 2nd quarter. LPL Financial LLC now owns 10,855 shares of the financial services provider valued at $ 713,000 after purchasing 176 additional shares during the period. Geneos Wealth Management Inc. increased its stake in Interactive Brokers Group by 10.4% during the first quarter. Geneos Wealth Management Inc. now owns 2,026 shares of the financial services provider valued at $ 144,000 after purchasing 191 additional shares in the last quarter. Brown Advisory Inc. increased its stake in Interactive Brokers Group shares by 3.3% in the first quarter. Brown Advisory Inc. now owns 6,245 shares of the financial services provider valued at $ 456,000 after purchasing an additional 200 shares in the last quarter. State of Wisconsin Investment Board increased its stake in Interactive Brokers Group by 3.1% during the 2nd quarter. The Wisconsin State Investment Board now owns 9,593 shares of the financial services provider valued at $ 631,000 after acquiring 291 additional shares in the last quarter. Finally, Utah Retirement Systems increased its stake in Interactive Brokers Group by 7.9% in the second quarter. Utah Retirement Systems now owns 4,100 shares of the financial services provider valued at $ 269,000 after buying 300 more shares in the last quarter. Institutional investors hold 19.05% of the shares of the company.

Interactive Brokers Group Company Profile

Interactive Brokers Group, Inc. operates as an investment holding company, which engages in brokerage or proprietary trading and trading activities. It operates through the following segments: Electronic Brokerage and Businesses. The Electronic Brokerage segment is a direct market access brokerage, serving clients of both traditional brokers and prime brokers.

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Insider buys and sells by quarter for Interactive Brokers Group (NASDAQ: IBKR)

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