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Insider Sale at Interactive Brokers Group (IBKR) Continues Selling Trend

05/10/2021 18:32

10:20 PM EDT, 05/10/2021 (MT Newswires) -- There was a substantial insider sale of Interactive Brokers Group shares today, as indicated in a filing with the SEC as -- Thomas Peterffy, Director and Officer -- disposed of 40,000 shares in the company having a market value of approximately $2,776,904 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 disposition of 2,116,316 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 2,156,316 shares and have averaged 539,079 shares per transaction over this time period.

The number of insider buy/sell trades at Interactive Brokers Group is below the 14 peer company average over the last 90-day period. The Financial & Commodity Market Operators & Service Providers (NEC) peer group saw 82 buy/sell trades during this period for an average of 5.9 transactions per company. However, the number of shares per buy/sell trade for Interactive Brokers Group is higher. Within the peer group there were 1,014,186 shares purchased and 2,203,631 shares sold with company insiders disposing of 14,505 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.

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.