Interactive Brokers Group, Inc. (NASDAQ:IBKR) Shares Sold by Aspire Private Capital LLC

Aspire Private Capital LLC decreased its position in shares of Interactive Brokers Group, Inc. (NASDAQ:IBKR) by 1.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,568 shares of the financial services provider’s stock after selling 163 shares during the period. Aspire Private Capital LLC’s holdings in Interactive Brokers Group were worth $2,397,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its stake in shares of Interactive Brokers Group by 0.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 4,017,082 shares of the financial services provider’s stock worth $559,821,000 after purchasing an additional 11,379 shares during the last quarter. State Street Corp increased its holdings in shares of Interactive Brokers Group by 1.7% in the third quarter. State Street Corp now owns 3,222,135 shares of the financial services provider’s stock valued at $449,037,000 after buying an additional 52,911 shares in the last quarter. Marshall Wace LLP lifted its position in shares of Interactive Brokers Group by 23.8% during the 2nd quarter. Marshall Wace LLP now owns 2,507,059 shares of the financial services provider’s stock valued at $307,365,000 after acquiring an additional 481,826 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of Interactive Brokers Group by 5.4% during the 3rd quarter. Geode Capital Management LLC now owns 2,065,535 shares of the financial services provider’s stock worth $287,921,000 after acquiring an additional 106,392 shares in the last quarter. Finally, FMR LLC boosted its stake in shares of Interactive Brokers Group by 12.2% during the 3rd quarter. FMR LLC now owns 1,094,598 shares of the financial services provider’s stock worth $152,543,000 after acquiring an additional 119,187 shares in the last quarter. 23.80% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

IBKR has been the topic of a number of recent analyst reports. Barclays boosted their target price on Interactive Brokers Group from $214.00 to $224.00 and gave the stock an “overweight” rating in a research report on Monday, January 13th. UBS Group boosted their price objective on Interactive Brokers Group from $155.00 to $170.00 and gave the stock a “buy” rating in a report on Tuesday, October 8th. Piper Sandler raised their target price on shares of Interactive Brokers Group from $163.00 to $200.00 and gave the stock an “overweight” rating in a report on Tuesday, January 7th. The Goldman Sachs Group boosted their price target on shares of Interactive Brokers Group from $171.00 to $195.00 and gave the company a “buy” rating in a report on Tuesday, December 3rd. Finally, Citigroup raised their price objective on shares of Interactive Brokers Group from $180.00 to $220.00 and gave the stock a “buy” rating in a research note on Friday, January 10th. One research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $190.13.

Interactive Brokers Group Stock Performance

Interactive Brokers Group stock opened at $192.83 on Wednesday. Interactive Brokers Group, Inc. has a twelve month low of $88.22 and a twelve month high of $194.87. The firm has a market cap of $81.47 billion, a PE ratio of 29.44, a P/E/G ratio of 1.38 and a beta of 0.87. The firm’s 50 day moving average price is $184.08 and its two-hundred day moving average price is $151.45.

Interactive Brokers Group (NASDAQ:IBKR) last posted its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $2.03 earnings per share for the quarter, topping analysts’ consensus estimates of $1.81 by $0.22. Interactive Brokers Group had a net margin of 7.89% and a return on equity of 4.83%. The business had revenue of $1.39 billion for the quarter, compared to the consensus estimate of $1,372,590.34 billion. During the same period in the prior year, the business posted $1.52 earnings per share. Interactive Brokers Group’s revenue for the quarter was up 21.8% compared to the same quarter last year. Equities analysts anticipate that Interactive Brokers Group, Inc. will post 6.99 EPS for the current fiscal year.

Interactive Brokers Group Company Profile

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.