In a filing, Interactive Brokers Group Inc revealed its Vice Chairman Nemser Earl H unloaded Company’s shares for reported $0.54 million on Feb 22 ’24. In the deal valued at $107.01 per share,5,000 shares were sold. As a result of this transaction, Nemser Earl H now holds 108,770 shares worth roughly $20.79 million.
Then, Nemser Earl H sold 5,000 shares, generating $524,300 in total proceeds. Upon selling the shares at $104.86, the Vice Chairman now owns 113,770 shares.
Before that, Nemser Earl H sold 10,000 shares. Interactive Brokers Group Inc shares valued at $1,035,329 were divested by the Vice Chairman at a price of $103.53 per share. As a result of the transaction, Nemser Earl H now holds 123,770 shares, worth roughly $23.66 million.
Keefe Bruyette downgraded its Interactive Brokers Group Inc [IBKR] rating to a Mkt perform from a an Outperform in a research note published on July 11, 2024; the price target was increased to $135 from $128. A number of analysts have revised their coverage, including Goldman’s analysts, who increased its forecast for the stock in early January from “a Neutral” to “a Buy”. Redburn Atlantic began covering IBKR with “Buy” recommendation on December 01, 2023. UBS started covering the stock on October 03, 2023. It rated IBKR as “a Buy”.
Price Performance Review of IBKR
On Tuesday, Interactive Brokers Group Inc [NASDAQ:IBKR] saw its stock jump 0.58% to $191.17. Over the last five days, the stock has gained 6.83%. Interactive Brokers Group Inc shares have risen nearly 8.21% since the year began. Nevertheless, the stocks have risen 117.44% over the past one year. While a 52-week high of $193.42 was reached on 01/07/25, a 52-week low of $83.86 was recorded on 01/02/25. SMA at 50 days reached $177.26, while 200 days put it at $137.61.
Levels Of Support And Resistance For IBKR Stock
The 24-hour chart illustrates a support level at 186.10, which if violated will result in even more drops to 181.04. On the upside, there is a resistance level at 194.82. A further resistance level may holdings at 198.48. The Relative Strength Index (RSI) on the 14-day chart is 67.08, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 8.06, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 10.04%. Stochastics %K at 91.24% indicates the stock is a selling.
How much short interest is there in Interactive Brokers Group Inc?
A steep rise in short interest was recorded in Interactive Brokers Group Inc stocks on 2024-12-13, growing by 0.18 million shares to a total of 2.0 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 1.82 million shares. There was a rise of 8.95%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on September 19, 2023 when Goldman began covering the stock and recommended ‘”a Neutral”‘ rating along with a $97 price target.
