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

Interactive Brokers Group, Inc. (NASDAQ:IBKR – Get Rating) Chairman Thomas Peterffy sold 20,000 shares of the business’s stock in a transaction on Monday, January 23rd. The shares were sold at an average price of $79.21, for a total transaction of $1,584,200.00. Following the sale, the chairman now directly owns 1,710,605 shares of the company’s stock, valued at $135,497,022.05. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

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

• On Thursday, January 19th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The shares were sold at an average price of $79.55, for a total transaction of $1,591,000.00.
• On Tuesday, January 17th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The stock was sold at an average price of $77.40, for a total transaction of $1,548,000.00.
• On Friday, January 13th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The stock was sold at an average price of $75.61, for a total transaction of $1,512,200.00.
• On Wednesday, January 11th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The stock was sold at an average price of $75.71, for a total transaction of $1,514,200.00.
• On Monday, January 9th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The stock was sold at an average price of $76.04, for a total transaction of $1,520,800.00.
• On Tuesday, December 13th, Thomas Peterffy sold 400 shares of Interactive Brokers Group stock. The stock was sold at an average price of $75.09, for a total transaction of $30,036.00.
• On Thursday, December 8th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The stock was sold at an average price of $76.14, for a total transaction of $1,522,800.00.
• On Tuesday, December 6th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The stock was sold at an average price of $77.80, for a total transaction of $1,556,000.00.
• On Wednesday, November 30th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The shares were sold at an average price of $80.00, for a total transaction of $1,600,000.00.
• On Monday, November 28th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The shares were sold at an average price of $77.97, for a total transaction of $1,559,400.00.

Interactive Brokers Group Stock Down 1.3 %

IBKR opened at $78.92 on Wednesday. Interactive Brokers Group, Inc. has a 52-week low of $52.18 and a 52-week high of $83.40. The company has a market cap of $33.11 billion, a P/E ratio of 21.10, a price-to-earnings-growth ratio of 0.56 and a beta of 0.77. The firm’s 50-day moving average price is $75.24 and its 200-day moving average price is $69.53.

Interactive Brokers Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 14th. Stockholders of record on Wednesday, March 1st will be issued a dividend of $0.10 per share. The ex-dividend date is Tuesday, February 28th. This represents a $0.40 annualized dividend and a dividend yield of 0.51%. Interactive Brokers Group’s dividend payout ratio (DPR) is currently 10.70%.

Hedge Funds Weigh In On Interactive Brokers Group

Hedge funds have recently modified their holdings of the stock. Wipfli Financial Advisors LLC acquired a new position in shares of Interactive Brokers Group during the third quarter valued at about $28,000. Fifth Third Bancorp increased its holdings in Interactive Brokers Group by 40.2% in the 3rd quarter. Fifth Third Bancorp now owns 509 shares of the financial services provider’s stock worth $33,000 after buying an additional 146 shares during the period. First Horizon Advisors Inc. increased its holdings in Interactive Brokers Group by 185.2% in the 2nd quarter. First Horizon Advisors Inc. now owns 519 shares of the financial services provider’s stock worth $28,000 after buying an additional 337 shares during the period. Eagle Bay Advisors LLC acquired a new position in Interactive Brokers Group in the 2nd quarter worth approximately $31,000. Finally, CWM LLC increased its holdings in Interactive Brokers Group by 137.5% in the 2nd quarter. CWM LLC now owns 653 shares of the financial services provider’s stock worth $36,000 after buying an additional 378 shares during the period. Institutional investors and hedge funds own 97.84% of the company’s stock.

Analysts Set New Price Targets

Several analysts have commented on IBKR shares. StockNews.com started coverage on shares of Interactive Brokers Group in a research report on Wednesday, October 12th. They set a “hold” rating for the company. Barclays increased their price target on shares of Interactive Brokers Group from $90.00 to $96.00 and gave the company an “overweight” rating in a research report on Wednesday, January 18th. Finally, Citigroup started coverage on shares of Interactive Brokers Group in a research report on Tuesday, October 11th. They set a “buy” rating and a $85.00 price target for the company. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat, Interactive Brokers Group has a consensus rating of “Moderate Buy” and a consensus price target of $94.60.

Interactive Brokers Group Company Profile

(Get Rating)

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