Insiders at Interactive Brokers Group (IBKR) Make Significant Stock Sales Extends the Trend of Last Quarter

Tuesday, October 10, 2017 10:15 PM ET

Insiders at Interactive Brokers Group (IBKR) Make Significant Stock Sales Extends the Trend of Last Quarter

There was substantial level of selling of Interactive Brokers Group shares today, as disclosed in filings with the SEC. Three insiders — Earl H Nemser, Director and Officer, Thomas Aj Frank, Officer, and Paul Jonathan Brody, Director and Officer — disposed of 46,434 shares in the company having a market value of approximately $2,207,030. 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 779,530 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 825,964 shares and have averaged 137,661 shares per transaction over this time period.

Over the last 90 days, the number of insider buy/sell trades at Interactive Brokers Group is lower than the 12-company peer group average. Financial & Commodity Market Operators peer group saw 88 buy/sell trades during this period for an average of 7.3 transactions per company. However, the number of shares per buy/sell trade for Interactive Brokers Group is higher. Within the peer group there were 8,350,945 shares purchased and 1,133,643 shares sold with company insiders acquiring 343,681 shares on average.

For the purpose of evaluating significant insider buying and selling all trades reported to the SEC that involve awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers have been eliminated in data sourced to compose and write this story.

Today’s Insider Activity
* Earl H Nemser, Director and Officer, sold 1,649 shares
* Thomas Aj Frank, Officer, sold 33,266 shares
* Paul Jonathan Brody, Director and Officer, sold 11,519 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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