Interactive Brokers Group, Inc. (NASDAQ:IBKR – Get Rating) Chairman Thomas Peterffy sold 20,000 shares of the stock in a transaction on Wednesday, May 25th. The stock was sold at an average price of $56.57, for a total transaction of $1,131,400.00. Following the transaction, the chairman now directly owns 2,467,511 shares in the company, valued at $139,587,097.27. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

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

• On Monday, May 23rd, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The stock was sold at an average price of $57.65, for a total transaction of $1,153,000.00.
• On Friday, May 20th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The stock was sold at an average price of $55.58, for a total transaction of $1,111,600.00.
• On Monday, May 16th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The stock was sold at an average price of $54.99, for a total transaction of $1,099,800.00.
• On Monday, May 9th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The stock was sold at an average price of $52.95, for a total transaction of $1,059,000.00.
• On Friday, May 6th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The stock was sold at an average price of $55.63, for a total transaction of $1,112,600.00.
• On Monday, May 2nd, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The shares were sold at an average price of $59.82, for a total transaction of $1,196,400.00.
• On Friday, April 29th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The shares were sold at an average price of $61.17, for a total transaction of $1,223,400.00.
• On Wednesday, April 27th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The shares were sold at an average price of $61.53, for a total transaction of $1,230,600.00.
• On Monday, April 25th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The shares were sold at an average price of $61.08, for a total transaction of $1,221,600.00.
• On Friday, April 22nd, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The shares were sold at an average price of $61.67, for a total transaction of $1,233,400.00.

IBKR traded up $2.09 during midday trading on Thursday, reaching $59.49. 544,698 shares of the company’s stock were exchanged, compared to its average volume of 925,922. The firm has a market capitalization of $24.88 billion, a price-to-earnings ratio of 20.79, a price-to-earnings-growth ratio of 0.76 and a beta of 0.76. Interactive Brokers Group, Inc. has a one year low of $52.18 and a one year high of $82.83. The business has a 50-day simple moving average of $61.75 and a two-hundred day simple moving average of $68.69.

Interactive Brokers Group (NASDAQ:IBKR – Get Rating) last announced its quarterly earnings results on Tuesday, April 19th. The financial services provider reported $0.82 EPS for the quarter, hitting analysts’ consensus estimates of $0.82. The firm had revenue of $645.00 million during the quarter, compared to analysts’ expectations of $703.34 million. Interactive Brokers Group had a net margin of 10.32% and a return on equity of 3.09%. The company’s revenue for the quarter was down 27.8% compared to the same quarter last year. During the same quarter last year, the company earned $0.98 earnings per share. Analysts predict that Interactive Brokers Group, Inc. will post 3.69 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 14th. Stockholders of record on Wednesday, June 1st will be issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 0.67%. The ex-dividend date of this dividend is Tuesday, May 31st. Interactive Brokers Group’s payout ratio is 14.08%.

Hedge funds and other institutional investors have recently bought and sold shares of the company. First Horizon Advisors Inc. increased its holdings in shares of Interactive Brokers Group by 112.7% during the fourth quarter. First Horizon Advisors Inc. now owns 336 shares of the financial services provider’s stock worth $26,000 after buying an additional 178 shares in the last quarter. Quent Capital LLC acquired 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 holdings in shares of Interactive Brokers Group by 692.5% in the first quarter. Steward Partners Investment Advisory LLC now owns 420 shares of the financial services provider’s stock valued at $28,000 after purchasing an additional 367 shares in the last quarter. Penserra Capital Management LLC acquired a new stake in shares of Interactive Brokers Group in the third quarter valued at approximately $29,000. Finally, Fifth Third Bancorp boosted 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’s stock valued at $30,000 after acquiring an additional 160 shares during the last quarter. 20.49% of the stock is owned by institutional investors.

Several research firms recently weighed in on IBKR. StockNews.com cut shares of Interactive Brokers Group from a “hold” rating to a “sell” rating in a research note on Thursday. The Goldman Sachs Group upgraded shares of Interactive Brokers Group from a “neutral” rating to a “buy” rating and set a $90.00 target price for the company in a research note on Tuesday, April 26th. Zacks Investment Research cut shares of Interactive Brokers Group from a “buy” rating to a “hold” rating and set a $71.00 target price for the company. in a research note on Tuesday, April 5th. Finally, Bank of America increased their target price on shares of Interactive Brokers Group from $111.00 to $117.00 and gave the company a “buy” rating in a research note on Wednesday, April 20th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, Interactive Brokers Group has an average rating of “Hold” and an average price target of $92.00.

About Interactive Brokers Group (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.

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