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Insider Trends: 90-Day Insider Selling Trend Prolonged at Interactive Brokers Group

· 02/05/2021 12:22

05:12 PM EST, 02/05/2021 (MT Newswires) -- Paul Jonathan Brody, Director and CFO, reported a sale of 1,867 shares in Interactive Brokers Group (IBKR) on Feb 03, 2021, for $128,486. Brody has control over 721,611 shares of the company of which 698,113 shares are controlled directly and 23,498 shares indirectly following the transactions delineated in the Form 4 SEC filing. These holdings have an approximate market value of $50.27 million as of the prior-day closing price.

Over the last 90 days, previous to the date of this filing, there have been 90 insider transactions reported to the SEC for Interactive Brokers Group. These transactions came from the activities of 8 separate insiders that resulted in a net disposition of 1,711,763 company shares. In the preceding 90-day window of time, there were 23 transactions from 4 insiders that resulted in the net acquisition of 11,128,915 shares.

This is less than the average level of insider transactions in the 14-company Financial & Commodity Market Operators & Service Providers (NEC) peer group over the last 90-day period. Within the peer group activity averaged 157.4 transactions per company, and disposition of 260,201 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/1381197/000156761921002303/xslF345X03/doc1.xml

This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.