Insider Selling at Interactive Brokers Group (IBKR) Continues with Significant Sale

Tuesday, October 31, 2017 10:15 PM ET

Insider Selling at Interactive Brokers Group (IBKR) Continues with Significant Sale

There was a notable sale of shares of Interactive Brokers Group by an insider today, as indicated in a form 4 document filed with the SEC. One insider — Dr Thomas A Frank, Officer — disposed of 44,784 shares in the company having a market value of approximately $2,383,713. There have been 4 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the disposition of 1,146,594 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 1,191,378 shares and have averaged 238,276 shares per transaction over this time period.

Relative to its peers over the last 90 days, insider buy/sell trading at Interactive Brokers Group is below the 12-company peer group average. Financial & Commodity Market Operators peer group saw 117 buy/sell trades during this period for an average of 9.8 transactions per company. However, the number of shares per buy/sell trade for Interactive Brokers Group is higher. Within the peer group there were 2,004,790 shares purchased and 1,508,557 shares sold with company insiders purchasing 20,676 shares on average.

The data used 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.

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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