Interactive Brokers Group Inc Vice Chairman Earl Nemser Sells 100,000 Shares
Vice Chairman Earl Nemser has sold 100,000 shares of Interactive Brokers Group Inc (NASDAQ:IBKR) on February 5, 2024, according to a recent SEC Filing. Interactive Brokers Group Inc is a brokerage firm that provides direct access trade execution and clearing services to institutional and professional traders for a wide variety of electronically traded products including stocks, options, futures, forex, bonds, CFDs and funds worldwide.
Over the past year, the insider has sold 100,000 shares in total and has not made any purchase of the company's shares.
The insider transaction history for Interactive Brokers Group Inc shows a pattern of selling activity, with 0 insider buys and 49 insider sells over the past year.
On the day of the insider's recent sale, shares of Interactive Brokers Group Inc were trading at $96.14, resulting in a market cap of $9.952 billion.
The company's price-earnings ratio stands at 16.43, which is lower than the industry median of 19.09 and also below the company's historical median price-earnings ratio.
With the current share price of $96.14 and a GuruFocus Value of $123.57, Interactive Brokers Group Inc has a price-to-GF-Value ratio of 0.78, indicating that the stock is Modestly Undervalued according to the GF Value metric.
The GF Value is calculated considering historical trading multiples, a GuruFocus adjustment factor based on the company's past returns and growth, and future business performance estimates provided by Morningstar analysts.
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.
