Interactive Brokers Group, Inc. (NASDAQ: IBKR – Get Rating) Chairman Thomas Peterffy sold 20,000 shares of Interactive Brokers Group in a trade on Monday, May 23. The shares were sold at an average price of $57.65, for a total value of $1,153,000.00. Following the completion of the transaction, the President now owns 2,507,511 shares of the company, valued at $144,558,009.15. The sale was disclosed in a filing with the SEC, which is available on the SEC’s website.

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

• On Friday, May 20, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group. The shares were sold at an average price of $55.58, for a total value of $1,111,600.00.
• On Monday, May 16, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group. The shares were sold at an average price of $54.99, for a total value of $1,099,800.00.
• On Monday, May 9, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group. The stock was sold at an average price of $52.95, for a total value of $1,059,000.00.
• On Friday May 6, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group. The stock was sold at an average price of $55.63, for a total value of $1,112,600.00.
• On Monday, May 2, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group. The stock was sold at an average price of $59.82, for a total value of $1,196,400.00.
• On Friday, April 29, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group. The stock was sold at an average price of $61.17, for a total value of $1,223,400.00.
• On Wednesday, April 27, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group. The stock was sold at an average price of $61.53, for a total value of $1,230,600.00.
• On Monday, April 25, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group. The stock was sold at an average price of $61.08, for a total value of $1,221,600.00.
• On Friday April 22, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group. The stock was sold at an average price of $61.67, for a total value of $1,233,400.00.
• On Wednesday, April 20, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group. The stock was sold at an average price of $66.73, for a total value of $1,334,600.00.

Shares of Interactive Brokers Group traded down $1.04 on Tuesday, hitting $56.51. The company’s stock had a trading volume of 836,816 shares, compared to an average volume of 931,494. Interactive Brokers Group, Inc. has a 1-year low of $52.18 and a 1-year high of 82.83 $. The company has a fifty-day moving average price of $62.08 and a 200-day moving average price of $68.86. The company has a market capitalization of $23.63 billion, a price-to-earnings ratio of 20.26, a growth price-to-earnings ratio of 0.76 and a beta of 0.76.

Interactive Brokers Group (NASDAQ: IBKR – Get Rating) last announced its quarterly results on Tuesday, April 19. The financial services provider reported earnings per share of $0.82 for the quarter, matching the consensus estimate of $0.82. Interactive Brokers Group achieved a return on equity of 3.09% and a net margin of 10.32%. The company posted revenue of $645.00 million in the quarter, versus analyst estimates of $703.34 million. In the same quarter of the previous year, the company achieved EPS of $0.98. Interactive Brokers Group revenue for the quarter decreased 27.8% compared to the same quarter last year. As a group, stock analysts expect Interactive Brokers Group, Inc. to post earnings per share of 3.69 for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 14. Shareholders of record on Wednesday, June 1 will receive a dividend of $0.10 per share. The ex-dividend date is Tuesday, May 31. This represents an annualized dividend of $0.40 and a yield of 0.71%. Interactive Brokers Group’s dividend payout ratio (DPR) is currently 14.08%.

Major investors have recently been buying and selling shares of the company. First Horizon Advisors Inc. increased its stake in Interactive Brokers Group by 112.7% during the 4th quarter. First Horizon Advisors Inc. now owns 336 shares of the financial services provider worth $26,000 after buying 178 additional shares in the last quarter. Quent Capital LLC purchased a new stake in shares of Interactive Brokers Group in the fourth quarter, valued at approximately $28,000. Steward Partners Investment Advisory LLC increased its stake in Interactive Brokers Group by 692.5% in the first quarter. Steward Partners Investment Advisory LLC now owns 420 shares of the financial services provider valued at $28,000 after acquiring 367 additional shares in the last quarter. Penserra Capital Management LLC acquired a new position in Interactive Brokers Group in the third quarter worth approximately $29,000. Finally, Fifth Third Bancorp increased its stake in Interactive Brokers Group by 72.4% in the fourth quarter. Fifth Third Bancorp now owns 381 shares of the financial services provider valued at $30,000 after acquiring an additional 160 shares in the last quarter. Institutional investors hold 20.49% of the company’s shares.

A number of brokerages have commented on IBKR. Bank of America raised its price target on Interactive Brokers Group from $111.00 to $117.00 and gave the stock a “buy” rating in a Wednesday, April 20 research report. Goldman Sachs has upgraded Interactive Brokers Group from a “neutral” rating to a “buy” rating and set a price target of $90.00 for the company in a Tuesday, April 26 report. StockNews.com upgraded Interactive Brokers Group from a “sell” rating to a “hold” rating in a Wednesday, May 18 research note. Finally, Zacks Investment Research downgraded Interactive Brokers Group from a “buy” rating to a “hold” rating and set a price target of $71.00 for the company. in a research note from Tuesday, April 5. Two research analysts have rated the stock with a hold rating and three have assigned the stock a buy rating. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $92.00.

Interactive Brokers Group Company Profile (Get a rating)

Interactive Brokers Group, Inc operates as an automated electronic broker worldwide. The company specializes in the execution, clearing and settlement of transactions in stocks, options, futures, foreign exchange instruments, bonds, mutual funds, exchange-traded funds (ETFs), metals and cryptocurrencies. It also provides custody and account services for hedge funds and mutual funds, ETFs, registered investment advisers, proprietary trading groups, introducing brokers and individual investors.

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