Monday, September 11, 2017 10:15 PM ET
Significant Insider Sales Reported in Shares of Interactive Brokers Group (IBKR) Extending the Trend of Last Quarter
Three insiders — Earl H Nemser, Director and Officer, Thomas Aj Frank, Officer, and Paul Jonathan Brody, Director and Officer — sold 29,243 shares of Interactive Brokers Group having a market value of approximately $1,210,174, today, as disclosed in form 4 documents filed with the SEC. There have been 3 insiders with buy/sell transactions in the past 90 days prior to these filings. All of these trades have been sales resulting in the sale of 381,306 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 410,549 shares and have averaged 68,425 shares per transaction over this time period.
Over the last 90 days, the number of insider buy/sell trades at Interactive Brokers Group is above its 12-company peer group average. The Financial & Commodity Market Operators peer group saw 62 buy/sell trades during this period for an average of 5.2 transactions per company. However, the number of shares traded per transaction by Interactive Brokers Group insiders is lower than its peers. Within the peer group there were 8,352,714 shares purchased and 757,285 shares sold with company insiders purchasing 316,476 shares on average over this time period.
In order to focus on significant insider buying and selling activity, all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers has been eliminated data obtained to compose and write this story.
Today’s Insider Activity
* Earl H Nemser, Director and Officer, sold 1,623 shares
* Thomas Aj Frank, Officer, sold 16,240 shares
* Paul Jonathan Brody, Director and Officer, sold 11,380 shares
Using proprietary Natural Language Generation (NLG) technology, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.
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