Interactive Brokers Group, Inc. (IBKR) Insider Thomas Aj Frank Sells 33,266 Shares

Interactive Brokers Group, Inc. (NASDAQ:IBKR) insider Thomas Aj Frank sold 33,266 shares of the firm’s stock in a transaction that occurred on Friday, October 6th. The stock was sold at an average price of $47.53, for a total transaction of $1,581,132.98. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

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

  • On Wednesday, October 4th, Thomas Aj Frank sold 33,105 shares of Interactive Brokers Group stock. The stock was sold at an average price of $47.10, for a total transaction of $1,559,245.50.
  • On Monday, October 2nd, Thomas Aj Frank sold 32,951 shares of Interactive Brokers Group stock. The stock was sold at an average price of $45.23, for a total transaction of $1,490,373.73.
  • On Wednesday, September 27th, Thomas Aj Frank sold 16,340 shares of Interactive Brokers Group stock. The stock was sold at an average price of $44.25, for a total transaction of $723,045.00.
  • On Thursday, September 28th, Thomas Aj Frank sold 32,909 shares of Interactive Brokers Group stock. The stock was sold at an average price of $44.52, for a total transaction of $1,465,108.68.
  • On Monday, September 25th, Thomas Aj Frank sold 15,488 shares of Interactive Brokers Group stock. The stock was sold at an average price of $44.09, for a total transaction of $682,865.92.
  • On Tuesday, September 26th, Thomas Aj Frank sold 31,453 shares of Interactive Brokers Group stock. The stock was sold at an average price of $43.91, for a total transaction of $1,381,101.23.
  • On Friday, September 22nd, Thomas Aj Frank sold 32,730 shares of Interactive Brokers Group stock. The stock was sold at an average price of $43.58, for a total transaction of $1,426,373.40.
  • On Wednesday, September 20th, Thomas Aj Frank sold 32,543 shares of Interactive Brokers Group stock. The shares were sold at an average price of $43.46, for a total transaction of $1,414,318.78.
  • On Monday, September 18th, Thomas Aj Frank sold 25,268 shares of Interactive Brokers Group stock. The shares were sold at an average price of $42.43, for a total transaction of $1,072,121.24.
  • On Thursday, September 14th, Thomas Aj Frank sold 16,666 shares of Interactive Brokers Group stock. The shares were sold at an average price of $41.94, for a total transaction of $698,972.04.

Interactive Brokers Group, Inc. (IBKR) opened at 47.34 on Wednesday. The stock has a 50 day moving average of $43.55 and a 200-day moving average of $38.49. The stock has a market cap of $3.38 billion, a P/E ratio of 46.23 and a beta of 0.96. Interactive Brokers Group, Inc. has a 52 week low of $31.97 and a 52 week high of $48.15.

Interactive Brokers Group (NASDAQ:IBKR) last posted its quarterly earnings data on Tuesday, July 18th. The financial services provider reported $0.32 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.37 by ($0.05). The firm had revenue of $387.00 million for the quarter, compared to the consensus estimate of $377.65 million. Interactive Brokers Group had a return on equity of 1.19% and a net margin of 4.97%. Interactive Brokers Group’s quarterly revenue was up 4.9% on a year-over-year basis. During the same period in the prior year, the company posted $0.40 earnings per share. Analysts forecast that Interactive Brokers Group, Inc. will post $1.55 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 14th. Investors of record on Friday, September 1st were issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 0.84%. The ex-dividend date was Wednesday, August 30th. Interactive Brokers Group’s dividend payout ratio is currently 38.84%.

ILLEGAL ACTIVITY WARNING: This story was first published by Community Financial News and is the property of of Community Financial News. If you are accessing this story on another website, it was copied illegally and republished in violation of US & international copyright laws. The original version of this story can be read at https://www.com-unik.info/2017/10/11/interactive-brokers-group-inc-ibkr-insider-thomas-aj-frank-sells-33266-shares.html.

IBKR has been the topic of a number of research analyst reports. Zacks Investment Research lowered shares of Interactive Brokers Group from a “buy” rating to a “hold” rating in a report on Thursday, July 20th. SunTrust Banks, Inc. reiterated a “hold” rating and issued a $40.00 price target on shares of Interactive Brokers Group in a report on Wednesday, October 4th. Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $38.00 price target on shares of Interactive Brokers Group in a report on Friday, June 30th. Rosenblatt Securities initiated coverage on shares of Interactive Brokers Group in a report on Thursday, July 13th. They issued a “neutral” rating and a $40.00 price target on the stock. Finally, BidaskClub lowered shares of Interactive Brokers Group from a “buy” rating to a “hold” rating in a report on Wednesday, July 12th. One analyst has rated the stock with a sell rating, five have given a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $40.33.

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Baillie Gifford & Co. raised its stake in Interactive Brokers Group by 3.8% during the 2nd quarter. Baillie Gifford & Co. now owns 5,941,025 shares of the financial services provider’s stock valued at $222,313,000 after purchasing an additional 215,591 shares during the last quarter. KCG Holdings Inc. raised its stake in Interactive Brokers Group by 8.4% during the 1st quarter. KCG Holdings Inc. now owns 11,854 shares of the financial services provider’s stock valued at $412,000 after purchasing an additional 917 shares during the last quarter. Quinn Opportunity Partners LLC raised its stake in Interactive Brokers Group by 10.1% during the 2nd quarter. Quinn Opportunity Partners LLC now owns 380,856 shares of the financial services provider’s stock valued at $14,252,000 after purchasing an additional 35,000 shares during the last quarter. Micawber Capital LLC raised its stake in Interactive Brokers Group by 8.4% during the 2nd quarter. Micawber Capital LLC now owns 63,270 shares of the financial services provider’s stock valued at $2,368,000 after purchasing an additional 4,923 shares during the last quarter. Finally, Prudential Financial Inc. raised its stake in Interactive Brokers Group by 0.3% during the 1st quarter. Prudential Financial Inc. now owns 113,689 shares of the financial services provider’s stock valued at $3,947,000 after purchasing an additional 390 shares during the last quarter. 15.01% of the stock is owned by institutional investors and hedge funds.

Interactive Brokers Group Company Profile

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)

What are top analysts saying about Interactive Brokers Group Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Interactive Brokers Group Inc. and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit