Interactive Brokers Group, Inc. (NASDAQ: IBKR – Get Rating) President Thomas Peterffy sold 20,000 shares of the company in a trade Thursday, July 7. The stock was sold at an average price of $56.64, for a total value of $1,132,800.00. Following the transaction, the president now owns 1,907,511 shares of the company, valued at $108,041,423.04. The transaction was disclosed in a document filed with the Securities & Exchange Commission, accessible via the SEC’s website.

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

• On Tuesday, July 5, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group. The shares were sold at an average price of $55.70, for a total value of $1,114,000.00.
• On Friday July 1, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group. The shares were sold at an average price of $54.85, for a total value of $1,097,000.00.
• On Wednesday, June 29, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group. The shares were sold at an average price of $56.98, for a total value of $1,139,600.00.
• On Monday, June 27, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group. The shares were sold at an average price of $58.10, for a total value of $1,162,000.00.
• On Thursday, June 23, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group. The shares were sold at an average price of $56.80, for a total value of $1,136,000.00.
• On Tuesday, June 21, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group. The shares were sold at an average price of $57.71, for a total value of $1,154,200.00.
• On Friday, June 17, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group. The shares were sold at an average price of $56.65, for a total value of $1,133,000.00.
• On Wednesday, June 15, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group. The shares were sold at an average price of $56.74, for a total value of $1,134,800.00.
• On Monday, June 13, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group. The shares were sold at an average price of $54.48, for a total value of $1,089,600.00.
• On Friday, June 10, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group. The shares were sold at an average price of $56.32, for a total value of $1,126,400.00.

IBKR shares opened at $56.26 on Friday. The stock’s 50-day moving average is $57.10 and its two-hundred-day moving average is $64.66. The company has a market capitalization of $23.53 billion, a price/earnings ratio of 19.81, a PEG ratio of 0.79 and a beta of 0.80. Interactive Brokers Group, Inc. has a 1-year low of $52.18 and a 1-year high of $82.83.

Interactive Brokers Group (NASDAQ: IBKR – Get Rating) last released its quarterly results on Tuesday, April 19. The financial services provider reported earnings per share (EPS) of $0.82 for the quarter, missing analyst consensus estimates of $0.83 per ($0.01). 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 for the quarter, compared to analysts’ expectations of $703.34 million. During the same period of the previous year, the company achieved EPS of $0.98. The company’s quarterly revenue fell 27.8% from the same quarter last year. On average, research analysts expect Interactive Brokers Group, Inc. to post an EPS of 3.71 for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 14. Investors of record on Wednesday, June 1 received a dividend of $0.10 per share. This represents a dividend of $0.40 on an annualized basis and a dividend yield of 0.71%. The ex-dividend date was Tuesday, May 31. Interactive Brokers Group’s dividend payout ratio is currently 14.08%.

Several hedge funds and other institutional investors have recently increased or reduced their stake in IBKR. First Horizon Advisors Inc. increased its holdings of Interactive Brokers Group shares by 112.7% during the fourth quarter. First Horizon Advisors Inc. now owns 336 shares of the financial services provider worth $26,000 after buying an additional 178 shares in the last quarter. Steward Partners Investment Advisory LLC increased its holdings of Interactive Brokers Group shares by 692.5% in the first quarter. Steward Partners Investment Advisory LLC now owns 420 shares of the financial services provider worth $28,000 after buying 367 additional shares in the last quarter. Fifth Third Bancorp increased its holdings of Interactive Brokers Group shares by 72.4% in the fourth quarter. Fifth Third Bancorp now owns 381 shares of the financial services provider worth $30,000 after buying 160 more shares in the last quarter. Westpac Banking Corp bought a new position in shares of Interactive Brokers Group during the fourth quarter for a value of approximately $30,000. Finally, Lindbrook Capital LLC acquired a new stake in Interactive Brokers Group in Q4 valued at approximately $40,000. 20.49% of the shares are currently held by hedge funds and other institutional investors.

A number of research firms have weighed in on IBKR. Goldman Sachs has downgraded Interactive Brokers Group from a “neutral” rating to a “buy” rating and set a price target of $90.00 on the stock in a Tuesday, April 26 research note. 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 report. StockNews.com downgraded Interactive Brokers Group from a “hold” rating to a “sell” rating in a Thursday, May 26, report. Finally, Compass Point lowered its price target on Interactive Brokers Group to $85.00 in a Friday, June 3 report.

About Interactive Brokers Group (Get an evaluation)

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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