Wednesday, January 24, 2018 10:15 PM ET
Interactive Brokers Group (IBKR) sees Significant Insider Selling Continuing
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 — Earl H Nemser, Director and Officer — sold 32,000 shares in the company having a market value of approximately $2,009,600. There have been 3 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the sale of 288,761 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 320,761 shares and have averaged 80,190 shares per transaction over this time period.
Insider buy/sell trading at Interactive Brokers Group is greater than the 13 peer company average over the last 90-day period. The Financial & Commodity Market Operators & Service Providers (NEC) peer group saw 20 buy/sell trades during this period for an average of 1.5 transactions per company. The number of shares per buy/sell trade for Interactive Brokers Group insiders was also higher. Within the peer group there were 0 shares purchased and 371,318 shares sold with company insiders selling 18,566 shares on average.
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.
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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