Thomas Peterffy Sells 20,000 Shares of Interactive Brokers Group, Inc. (NASDAQ:IBKR) Stock

Interactive Brokers Group, Inc. (NASDAQ:IBKR) Chairman Thomas Peterffy sold 20,000 shares of the firm’s stock in a transaction that occurred on Monday, July 19th. The shares were sold at an average price of $62.40, for a total transaction of $1,248,000.00. Following the completion of the transaction, the chairman now owns 6,807,511 shares of the company’s stock, valued at approximately $424,788,686.40. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Thomas Peterffy also recently made the following trade(s):

  • On Friday, July 16th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The shares were sold at an average price of $63.46, for a total transaction of $1,269,200.00.
  • On Wednesday, July 14th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The shares were sold at an average price of $63.89, for a total transaction of $1,277,800.00.
  • On Monday, July 12th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The shares were sold at an average price of $65.22, for a total transaction of $1,304,400.00.
  • On Thursday, July 8th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The shares were sold at an average price of $63.41, for a total transaction of $1,268,200.00.
  • On Tuesday, July 6th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The shares were sold at an average price of $64.27, for a total transaction of $1,285,400.00.
  • On Monday, June 28th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The shares were sold at an average price of $65.35, for a total transaction of $1,307,000.00.
  • On Friday, June 25th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The shares were sold at an average price of $66.14, for a total transaction of $1,322,800.00.
  • On Wednesday, June 23rd, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The stock was sold at an average price of $64.87, for a total transaction of $1,297,400.00.
  • On Monday, June 21st, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The stock was sold at an average price of $63.67, for a total transaction of $1,273,400.00.
  • On Friday, June 18th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The stock was sold at an average price of $63.77, for a total transaction of $1,275,400.00.

NASDAQ IBKR opened at $63.14 on Thursday. The company has a fifty day simple moving average of $65.73. Interactive Brokers Group, Inc. has a 12-month low of $46.43 and a 12-month high of $80.57. The firm has a market cap of $26.32 billion, a P/E ratio of 21.40 and a beta of 0.65.

Interactive Brokers Group (NASDAQ:IBKR) last posted its quarterly earnings results on Monday, July 19th. The financial services provider reported $0.82 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.82. Interactive Brokers Group had a net margin of 9.39% and a return on equity of 2.68%. The business had revenue of $754.00 million during the quarter, compared to the consensus estimate of $701.17 million. During the same quarter last year, the firm posted $0.57 EPS. Interactive Brokers Group’s revenue was up 39.9% compared to the same quarter last year. Analysts forecast that Interactive Brokers Group, Inc. will post 3.13 EPS for the current fiscal year.

A number of large investors have recently modified their holdings of IBKR. Kayne Anderson Rudnick Investment Management LLC lifted its stake in Interactive Brokers Group by 14.5% during the 1st quarter. Kayne Anderson Rudnick Investment Management LLC now owns 8,393,971 shares of the financial services provider’s stock valued at $613,097,000 after acquiring an additional 1,064,561 shares in the last quarter. Samlyn Capital LLC lifted its stake in Interactive Brokers Group by 166.2% during the 1st quarter. Samlyn Capital LLC now owns 1,513,192 shares of the financial services provider’s stock valued at $110,524,000 after acquiring an additional 944,759 shares in the last quarter. Norges Bank bought a new position in Interactive Brokers Group during the 4th quarter valued at $47,763,000. Putnam Investments LLC bought a new position in Interactive Brokers Group during the 1st quarter valued at $53,988,000. Finally, Goldman Sachs Group Inc. lifted its stake in Interactive Brokers Group by 335.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 857,259 shares of the financial services provider’s stock valued at $62,614,000 after acquiring an additional 660,417 shares in the last quarter. Institutional investors and hedge funds own 18.76% of the company’s stock.

Several analysts have recently commented on IBKR shares. The Goldman Sachs Group raised their price objective on shares of Interactive Brokers Group from $73.00 to $83.00 and gave the stock a “neutral” rating in a research report on Monday, April 5th. Credit Suisse Group raised their price objective on shares of Interactive Brokers Group from $92.00 to $110.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 21st. Finally, Zacks Investment Research downgraded shares of Interactive Brokers Group from a “buy” rating to a “hold” rating and set a $72.00 price objective for the company. in a research report on Wednesday, June 9th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $78.86.

About Interactive Brokers Group

Interactive Brokers Group, Inc operates as an automated electronic broker worldwide. It specializes in executing and clearing trades in stocks, options, futures, foreign exchange instruments, bonds, mutual funds, and exchange traded funds (ETFs). The company custodies and services accounts for hedge and mutual funds, ETFs, registered investment advisors, proprietary trading groups, introducing brokers, and individual investors.

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Insider Buying and Selling by Quarter for Interactive Brokers Group (NASDAQ:IBKR)

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