Interactive Brokers Group, Inc. (NASDAQ: IBKR) insider Thomas Aj Frank sold 16,291 shares in a trade that took place on Monday, December 13. The shares were sold for an average price of $ 75.54, for a total value of $ 1,230,622.14. The sale was disclosed in a document filed with the SEC, which is available through this link.

Thomas Aj Frank also recently completed the following transactions:

• On Friday, December 10, Thomas Aj Frank sold 16,842 shares of Interactive Brokers Group. The shares were sold for an average price of $ 75.93, for a total value of $ 1,278,813.06.
• On Wednesday, December 8, Thomas Aj Frank sold 16,370 shares of Interactive Brokers Group. The stock was sold for an average price of $ 76.88, for a total value of $ 1,258,525.60.
• On Monday, December 6, Thomas Aj Frank sold 14,874 shares of Interactive Brokers Group. The stock was sold for an average price of $ 75.66, for a total value of $ 1,125,366.84.
• On Friday, December 3, Thomas Aj Frank sold 15,504 shares of Interactive Brokers Group. The stock was sold for an average price of $ 74.91, for a total trade of $ 1,161,404.64.
• On Wednesday, December 1, Thomas Aj Frank sold 16,842 shares of Interactive Brokers Group. The stock was sold for an average price of $ 75.69, for a total trade of $ 1,274,770.98.
• On Monday, November 29, Thomas Aj Frank sold 16,842 shares of Interactive Brokers Group. The stock was sold for an average price of $ 75.15, for a total trade of $ 1,265,676.30.
• On Friday, November 26, Thomas Aj Frank sold 8,735 shares of Interactive Brokers Group. The stock was sold for an average price of $ 74.64, for a total trade of $ 651,980.40.
• On Wednesday, November 24, Thomas Aj Frank sold 16,842 shares of Interactive Brokers Group. The shares were sold at an average price of $ 77.48, for a total trade of $ 1,304,918.16.
• On Monday, November 22, Thomas Aj Frank sold 16,291 shares of Interactive Brokers Group. The shares were sold at an average price of $ 76.24, for a total trade of $ 1,242,025.84.
• On Friday, November 19, Thomas Aj Frank sold 16,842 shares of Interactive Brokers Group. The shares were sold at an average price of $ 74.74, for a total trade of $ 1,258,771.08.

Shares of Interactive Brokers Group traded up $ 0.56 during Wednesday’s session, reaching $ 76.52. 25,570 shares of the company traded for an average volume of 845,614. Interactive Brokers Group, Inc. has a one-year low at $ 54.60 and a one-year high at $ 80.57. The stock has a market cap of $ 31.99 billion, a P / E ratio of 22.51 and a beta of 0.66. The company has a 50-day simple moving average of $ 73.96 and a 200-day simple moving average of $ 67.40.

Interactive Brokers Group (NASDAQ: IBKR) last reported its results on Monday, October 18. The financial services provider reported earnings per share (EPS) of $ 0.78 for the quarter, beating the consensus estimate of $ 0.76 by $ 0.02. Interactive Brokers Group recorded a return on equity of 3.13% and a net margin of 10.95%. The company posted revenue of $ 464.00 million for the quarter, compared to analysts’ expectations of $ 639.15 million. During the same period last year, the company posted earnings per share of $ 0.53. The company’s revenue for the quarter was down 15.3% year-on-year. Research analysts expect Interactive Brokers Group, Inc. to post EPS of 3.32 for the current year.

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 14. Investors of record on Wednesday, December 1 received a dividend of $ 0.10 per share. This represents an annualized dividend of $ 0.40 and a return of 0.52%. The ex-dividend date was Tuesday, November 30. Interactive Brokers Group’s dividend payout ratio (DPR) is currently 11.76%.

A number of hedge funds and other institutional investors have recently increased or reduced their holdings in IBKR. Penserra Capital Management LLC acquired a new position in Interactive Brokers Group during the 3rd quarter for a value of approximately $ 29,000. Rosenberg Matthew Hamilton purchased a new position in Interactive Brokers Group during the 3rd quarter valued at $ 30,000. Benjamin F. Edwards & Company Inc. purchased a new stake in Interactive Brokers Group during the 3rd quarter for a value of $ 42,000. Koshinski Asset Management Inc. purchased a new stake in Interactive Brokers Group during the 3rd quarter for a value of $ 50,000. Finally, Rockefeller Capital Management LP increased its position in Interactive Brokers Group shares by 2,084.6% in the third quarter. Rockefeller Capital Management LP now owns 852 shares of the financial services provider valued at $ 52,000 after acquiring an additional 813 shares in the last quarter. Institutional investors and hedge funds hold 19.08% of the company’s shares.

Separately, Zacks Investment Research upgraded shares of Interactive Brokers Group from a “hold” rating to a “buy” rating and set a price target of $ 81.00 for the company in a research report released on Wednesday 24 November. One equity research analyst rated the stock with a sell rating, another assigned a conservation rating, and four assigned a buy rating to the company. According to MarketBeat data, Interactive Brokers Group has an average rating of “Buy” and a consensus price target of $ 84.00.

About Interactive Brokers Group

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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