Thursday, September 21, 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 — today, disposed of 44,853 shares of Interactive Brokers Group having a market value of approximately $1,948,672, as revealed 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 disposition of 507,935 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 552,788 shares and have averaged 92,131 shares per transaction over this time period.
Interactive Brokers Group buy-sell trading activity is close to the 12 member peer company average. The Financial & Commodity Market Operators peer group saw 74 buy/sell trades during this period for an average of 6.2 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 881,548 shares sold with company insiders purchasing 311,299 shares on average over this time period.
The data sourced in evaluating and writing in this story eliminates 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.
Today’s Insider Activity
* Earl H Nemser, Director and Officer, sold 1,624 shares
* Thomas Aj Frank, Officer, sold 32,543 shares
* Paul Jonathan Brody, Director and Officer, sold 10,686 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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