Interactive Brokers Group Inc CIO Thomas Frank Sells 26,377 Shares
Thomas Frank, the Chief Information Officer of Interactive Brokers Group Inc (NASDAQ:IBKR), sold 26,377 shares of the company on January 4, 2024, according to a recent SEC filing. The transaction was executed at an average price of $86.73 per share, resulting in a total value of $2,288,517.21.
Interactive Brokers Group Inc is a brokerage firm that operates through its subsidiaries. It provides electronic brokerage and market-making services to its clients, which include institutional investors, financial advisors, and retail investors. The company offers trading in stocks, options, futures, forex, bonds, and funds on over 135 markets in 33 countries around the world.
Over the past year, Thomas Frank has sold a total of 460,121 shares of Interactive Brokers Group Inc and has not made any purchases of the stock. The insider transaction history for the company shows a pattern of insider selling, with 45 insider sells and no insider buys over the same timeframe.
On the day of the insider's recent sale, shares of Interactive Brokers Group Inc were trading at $86.73, giving the company a market capitalization of $9.41 billion. The stock's price-earnings ratio stood at 16.01, which is below the industry median of 18.79 and also below the company's historical median price-earnings ratio.
According to the GuruFocus Value chart, with a stock price of $86.73 and a GF Value of $91.08, Interactive Brokers Group Inc is considered Fairly Valued, with a price-to-GF-Value ratio of 0.95. The GF Value is an intrinsic value estimate that takes into account historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
The insider trend image above reflects the recent selling activity by insiders at Interactive Brokers Group Inc.
The GF Value image provides a visual representation of the stock's current valuation in relation to its intrinsic value, as estimated by GuruFocus.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
This article first appeared on GuruFocus.
