14,533 Shares in Interactive Brokers Group, Inc. (NASDAQ:IBKR) Purchased by Fiduciary Family Office LLC

Fiduciary Family Office LLC purchased a new position in Interactive Brokers Group, Inc. (NASDAQ:IBKR - Free Report) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 14,533 shares of the financial services provider's stock, valued at approximately $2,407,000. Interactive Brokers Group makes up about 0.8% of Fiduciary Family Office LLC's investment portfolio, making the stock its 20th largest holding.

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A number of other large investors have also recently bought and sold shares of IBKR. N.E.W. Advisory Services LLC bought a new stake in shares of Interactive Brokers Group during the first quarter valued at approximately $26,000. City Holding Co. bought a new stake in shares of Interactive Brokers Group during the first quarter valued at approximately $33,000. Nvwm LLC bought a new stake in shares of Interactive Brokers Group during the first quarter valued at approximately $33,000. ASR Vermogensbeheer N.V. bought a new stake in shares of Interactive Brokers Group during the first quarter valued at approximately $33,000. Finally, Bellwether Advisors LLC bought a new stake in shares of Interactive Brokers Group during the fourth quarter valued at approximately $35,000. Institutional investors own 23.80% of the company's stock.

Insider Buying and Selling

In other news, Vice Chairman Earl H. Nemser sold 39,786 shares of the company's stock in a transaction that occurred on Wednesday, July 30th. The shares were sold at an average price of $66.38, for a total transaction of $2,640,994.68. Following the transaction, the insider directly owned 360,114 shares in the company, valued at approximately $23,904,367.32. This represents a 9.95% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 2.97% of the stock is currently owned by company insiders.

Analyst Ratings Changes

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A number of research firms recently commented on IBKR. Barclays lifted their price target on shares of Interactive Brokers Group from $65.00 to $73.00 and gave the stock an "overweight" rating in a research report on Friday, July 18th. Bank of America decreased their price target on shares of Interactive Brokers Group from $66.25 to $60.75 and set a "buy" rating on the stock in a research report on Wednesday, April 16th. The Goldman Sachs Group lifted their price target on shares of Interactive Brokers Group from $53.00 to $60.00 and gave the stock a "buy" rating in a research report on Thursday, May 15th. Piper Sandler lifted their price target on shares of Interactive Brokers Group from $45.50 to $65.00 and gave the stock an "overweight" rating in a research report on Tuesday, July 15th. Finally, Wall Street Zen upgraded shares of Interactive Brokers Group from a "sell" rating to a "hold" rating in a research report on Saturday, June 21st. Two equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $59.38.

Get Our Latest Report on Interactive Brokers Group

Interactive Brokers Group Stock Performance

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NASDAQ:IBKR opened at $65.91 on Friday. The firm's 50-day moving average is $57.65 and its 200-day moving average is $51.19. Interactive Brokers Group, Inc. has a 52-week low of $28.63 and a 52-week high of $66.82. The company has a market cap of $111.42 billion, a price-to-earnings ratio of 33.89, a PEG ratio of 2.62 and a beta of 1.22.

Interactive Brokers Group (NASDAQ:IBKR - Get Free Report) last posted its quarterly earnings data on Thursday, July 17th. The financial services provider reported $0.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.46 by $0.05. The company had revenue of $1.48 billion for the quarter, compared to the consensus estimate of $1.37 billion. Interactive Brokers Group had a net margin of 9.78% and a return on equity of 4.92%. The business's revenue was up 14.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.76 EPS. Equities analysts predict that Interactive Brokers Group, Inc. will post 7.46 EPS for the current year.

Interactive Brokers Group Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, September 12th. Shareholders of record on Monday, September 1st will be given a $0.08 dividend. The ex-dividend date is Friday, August 29th. This represents a $0.32 dividend on an annualized basis and a yield of 0.5%. Interactive Brokers Group's payout ratio is 16.49%.

About Interactive Brokers Group

Interactive Brokers Group, Inc operates as an automated electronic broker worldwide. The company engages in the execution, clearance, and settlement of trades in stocks, options, futures, foreign exchange instruments, bonds, mutual funds, exchange traded funds (ETFs), precious metals, and cryptocurrencies.

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