Insider Sales at Interactive Brokers Group (IBKR) are Significant and Extend the Selling Trend of Last Quarter

Friday, September 15, 2017 10:15 PM ET

Insider Sales at Interactive Brokers Group (IBKR) are Significant and Extend the Selling Trend of Last Quarter

Three insiders — Earl H Nemser, Director and Officer, Thomas Aj Frank, Officer, and Paul Jonathan Brody, Director and Officer — sold 29,642 shares of Interactive Brokers Group having a market value of approximately $1,243,243, today, as reported 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 440,448 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 470,090 shares and have averaged 78,348 shares per transaction over this time period.

This number of buy-sell trades at Interactive Brokers Group is near average for the 12 member peer company. The Financial & Commodity Market Operators peer group saw 68 buy/sell trades during this period for an average of 5.7 transactions per company. However, trading at Interactive Brokers Group represents a lower number of shares per transaction. Within the peer group there were 8,352,714 shares purchased and 814,061 shares sold with company insiders purchasing 314,111 shares on average over this time period.

To bring into focus 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 in data sourced to evaluate and write this story.

Today’s Insider Activity
* Earl H Nemser, Director and Officer, sold 1,666 shares
* Thomas Aj Frank, Officer, sold 16,666 shares
* Paul Jonathan Brody, Director and Officer, sold 11,310 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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