Interactive Brokers Group, Inc. (IBKR) CFO Paul Jonathan Brody Sells 11,519 Shares

Interactive Brokers Group, Inc. (NASDAQ:IBKR) CFO Paul Jonathan Brody sold 11,519 shares of the company’s stock in a transaction that occurred on Thursday, August 24th. The shares were sold at an average price of $41.72, for a total value of $480,572.68. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Receive News & Ratings for Interactive Brokers Group Inc. Daily

Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Interactive Brokers Group Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

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

On Tuesday, August 22nd, Paul Jonathan Brody sold 11,285 shares of Interactive Brokers Group stock. The shares were sold at an average price of $40.94, for a total value of $462,007.90.
On Friday, August 18th, Paul Jonathan Brody sold 11,103 shares of Interactive Brokers Group stock. The shares were sold at an average price of $40.77, for a total value of $452,669.31.
On Wednesday, August 16th, Paul Jonathan Brody sold 10,490 shares of Interactive Brokers Group stock. The shares were sold at an average price of $41.38, for a total value of $434,076.20.
On Monday, August 14th, Paul Jonathan Brody sold 5,135 shares of Interactive Brokers Group stock. The shares were sold at an average price of $41.24, for a total value of $211,767.40.
On Friday, August 11th, Paul Jonathan Brody sold 11,519 shares of Interactive Brokers Group stock. The shares were sold at an average price of $40.60, for a total value of $467,671.40.
On Wednesday, August 9th, Paul Jonathan Brody sold 11,310 shares of Interactive Brokers Group stock. The shares were sold at an average price of $40.31, for a total value of $455,906.10.
On Monday, August 7th, Paul Jonathan Brody sold 11,331 shares of Interactive Brokers Group stock. The shares were sold at an average price of $40.54, for a total value of $459,358.74.
On Thursday, August 3rd, Paul Jonathan Brody sold 11,310 shares of Interactive Brokers Group stock. The shares were sold at an average price of $40.42, for a total value of $457,150.20.

Interactive Brokers Group, Inc. (IBKR) traded up 0.71% during trading on Friday, hitting $42.45. The stock had a trading volume of 394,121 shares. The company has a 50-day moving average price of $39.72 and a 200-day moving average price of $37.05. The company has a market cap of $3.03 billion, a price-to-earnings ratio of 41.46 and a beta of 0.94. Interactive Brokers Group, Inc. has a 52-week low of $31.97 and a 52-week high of $42.57.

Interactive Brokers Group (NASDAQ:IBKR) last released its quarterly earnings data on Tuesday, July 18th. The financial services provider reported $0.32 earnings per share for the quarter, missing analysts’ consensus estimates of $0.37 by $0.05. Interactive Brokers Group had a net margin of 4.97% and a return on equity of 1.19%. The firm had revenue of $387 million during the quarter, compared to analysts’ expectations of $377.65 million. During the same period in the previous year, the firm posted $0.40 EPS. The firm’s quarterly revenue was up 4.9% on a year-over-year basis. Equities research analysts forecast that Interactive Brokers Group, Inc. will post $1.51 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 14th. Shareholders of record on Friday, September 1st will be issued a $0.10 dividend. The ex-dividend date of this dividend is Wednesday, August 30th. This represents a $0.40 dividend on an annualized basis and a yield of 0.94%. Interactive Brokers Group’s payout ratio is 38.84%.

TRADEMARK VIOLATION WARNING: This piece was posted by [[site]] and is the sole property of of [[site]]. If you are viewing this piece on another site, it was illegally copied and reposted in violation of U.S. & international copyright and trademark laws. The correct version of this piece can be read at [[permalink]].

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Elkfork Partners LLC boosted its position in Interactive Brokers Group by 42.1% in the first quarter. Elkfork Partners LLC now owns 3,564 shares of the financial services provider’s stock worth $124,000 after buying an additional 1,056 shares during the last quarter. US Bancorp DE boosted its position in Interactive Brokers Group by 1,415.8% in the first quarter. US Bancorp DE now owns 29,650 shares of the financial services provider’s stock worth $1,030,000 after buying an additional 27,694 shares during the last quarter. First Trust Advisors LP boosted its position in Interactive Brokers Group by 253.9% in the first quarter. First Trust Advisors LP now owns 182,167 shares of the financial services provider’s stock worth $6,325,000 after buying an additional 130,686 shares during the last quarter. Reinhart Partners Inc. boosted its position in Interactive Brokers Group by 2.8% in the first quarter. Reinhart Partners Inc. now owns 42,230 shares of the financial services provider’s stock worth $1,466,000 after buying an additional 1,160 shares during the last quarter. Finally, Great West Life Assurance Co. Can boosted its position in Interactive Brokers Group by 6.7% in the first quarter. Great West Life Assurance Co. Can now owns 94,759 shares of the financial services provider’s stock worth $3,289,000 after buying an additional 5,966 shares during the last quarter. 14.19% of the stock is owned by institutional investors.

Several brokerages have weighed in on IBKR. BidaskClub raised Interactive Brokers Group from a “buy” rating to a “strong-buy” rating in a report on Monday, August 14th. SunTrust Banks, Inc. reissued a “hold” rating and set a $38.00 price objective on shares of Interactive Brokers Group in a report on Thursday, July 6th. Rosenblatt Securities began coverage on Interactive Brokers Group in a report on Thursday, July 13th. They set a “neutral” rating and a $40.00 price objective for the company. Zacks Investment Research lowered Interactive Brokers Group from a “buy” rating to a “hold” rating in a report on Friday, July 7th. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and set a $38.00 price objective on shares of Interactive Brokers Group in a report on Friday, June 30th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and one has issued a strong buy rating to the stock. Interactive Brokers Group currently has an average rating of “Hold” and an average target price of $39.17.

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.