rts logo

Interactive Brokers Group Inc (IBKR) – Don’t Be So Quick to Call it Dead

Interactive Brokers Group Inc (NASDAQ: IBKR) is 64.92% higher on its value in year-to-date trading and has touched a low of $72.60 and a high of $137.11 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The IBKR stock was last observed hovering at around $136.20 in the last trading session, with the day’s gains setting it 0.52%.

Currently trading at $136.72, the stock is 6.48% and 11.25% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.78 million and changing 0.38% at the moment leaves the stock 22.39% off its SMA200. IBKR registered 58.42% gain for a year compared to 6-month gain of 22.70%. The firm has a 50-day simple moving average (SMA 50) of $123.1586 and a 200-day simple moving average (SMA200) of $111.9755.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The stock witnessed a 7.55% loss in the last 1 month and extending the period to 3 months gives it a 11.16%, and is 3.22% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.39% over the week and 2.08% over the month.

Interactive Brokers Group Inc (IBKR) has around 2932 employees, a market worth around $14.88B and $8.69B in sales. Current P/E ratio is 21.67 and Fwd P/E is 19.87. Profit margin for the company is 7.84%. Distance from 52-week low is 88.32% and -0.28% from its 52-week high. The company has generated returns on investments over the last 12 months (16.86%).

The EPS is expected to grow by 19.77% this year

718.0 institutions hold shares in Interactive Brokers Group Inc (IBKR), with institutional investors hold 90.69% of the company’s shares. The shares outstanding are 107.05M, and float is at 105.02M with Short Float at 1.46%. Institutions hold 87.85% of the Float.

The top institutional shareholder in the company is VANGUARD GROUP INC with over 9.92 million shares valued at $1.22 billion. The investor’s holdings represent 9.2623 of the IBKR Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 9.3 million shares valued at $1.14 billion to account for 8.6876 of the shares outstanding. The other top investors are ORBIS ALLAN GRAY LTD which holds 6.96 million shares representing 6.502 and valued at over $853.51 million, while JPMORGAN CHASE & CO holds 3.7412 of the shares totaling 4.01 million with a market value of $491.1 million.

Interactive Brokers Group Inc (IBKR) Insider Activity

The most recent transaction is an insider sale by Nemser Earl H, the company’s Vice Chairman. SEC filings show that Nemser Earl H sold 5,000 shares of the company’s common stock on Feb 22 ’24 at a price of $107.01 per share for a total of $0.54 million. Following the sale, the insider now owns 0.11 million shares.

Interactive Brokers Group Inc disclosed in a document filed with the SEC on Feb 21 ’24 that Nemser Earl H (Vice Chairman) sold a total of 5,000 shares of the company’s common stock. The trade occurred on Feb 21 ’24 and was made at $104.86 per share for $0.52 million. Following the transaction, the insider now directly holds 0.11 million shares of the IBKR stock.

Still, SEC filings show that on Feb 15 ’24, Nemser Earl H (Vice Chairman) disposed off 10,000 shares at an average price of $103.53 for $1.04 million. The insider now directly holds 123,770 shares of Interactive Brokers Group Inc (IBKR).

Related Posts