Insider Sales at Interactive Brokers Group (IBKR) Extends the Selling Trend of Last Quarter

Friday, October 13, 2017 10:15 PM ET

Insider Sales at Interactive Brokers Group (IBKR) Extends 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 — disposed of 45,621 shares of Interactive Brokers Group having a market value of approximately $2,178,152, 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 disposition of 870,938 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 916,559 shares and have averaged 152,760 shares per transaction over this time period.

Insiders at Interactive Brokers Group have a lower number of buy/sell trades than the 12-peer company average over the last 90-day period. The Financial & Commodity Market Operators peer group saw 96 buy/sell trades during this period for an average of 8.0 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 1,228,901 shares sold with company insiders having bought 323,729 shares on average.

The data sourced in creating 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 1,608 shares
* Thomas Aj Frank, Officer, sold 32,772 shares
* Paul Jonathan Brody, Director and Officer, sold 11,241 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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