Interactive Brokers Group, Inc. (IBKR) Just Reaches Record High?

April 17, 2018 - By Ellis Scott

Interactive Brokers Group, Inc. (NASDAQ:IBKR) Logo

Investors sentiment decreased to 1.39 in 2017 Q4. Its down 0.33, from 1.72 in 2017Q3. It fall, as 19 investors sold Interactive Brokers Group, Inc. shares while 61 reduced holdings. 54 funds opened positions while 57 raised stakes. 61.80 million shares or 0.28% more from 61.63 million shares in 2017Q3 were reported.
New Mexico Educational Retirement Board stated it has 0.04% of its portfolio in Interactive Brokers Group, Inc. (NASDAQ:IBKR). Rafferty Asset Mngmt stated it has 15,129 shares. Dimensional Fund Advsrs Ltd Partnership invested in 0.05% or 2.17M shares. Glob X Management Ltd Llc invested 0% in Interactive Brokers Group, Inc. (NASDAQ:IBKR). State Of Tennessee Treasury Department reported 0.01% of its portfolio in Interactive Brokers Group, Inc. (NASDAQ:IBKR). Tower Capital (Trc) invested in 0.03% or 4,518 shares. State Treasurer State Of Michigan has 25,400 shares for 0.01% of their portfolio. The Delaware-based Riverhead Capital Lc has invested 0.01% in Interactive Brokers Group, Inc. (NASDAQ:IBKR). Legal General Gru Public Limited holds 0% or 65,258 shares. Fmr Limited Liability Com invested in 488,964 shares. Teacher Retirement Systems Of Texas holds 23,252 shares or 0.01% of its portfolio. Engineers Gate Manager Limited Partnership has 0.16% invested in Interactive Brokers Group, Inc. (NASDAQ:IBKR) for 39,131 shares. Valley Advisers reported 3,641 shares stake. Morgan Stanley has 951,724 shares. Pinebridge Investments Limited Partnership accumulated 0.17% or 108,467 shares.

Since October 17, 2017, it had 0 buys, and 11 sales for $9.01 million activity. On Monday, October 23 Frank Thomas AJ sold $1.65 million worth of Interactive Brokers Group, Inc. (NASDAQ:IBKR) or 32,670 shares. Nemser Earl H sold 1,290 shares worth $66,234. 1,156 shares were sold by Mendonca Denis, worth $57,222.

The stock of Interactive Brokers Group, Inc. (NASDAQ:IBKR) reached all time high today, Apr, 17 and still has $76.60 target or 4.00 % above today’s $73.65 share price. This indicates more upside for the $30.32B company. This technical setup was reported by Barchart.com. If the $76.60 PT is reached, the company will be worth $1.21B more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events.

The stock increased 1.78% or $1.29 during the last trading session, reaching $73.65. About 637,731 shares traded. Interactive Brokers Group, Inc. (NASDAQ:IBKR) has risen 93.22% since April 17, 2017 and is uptrending. It has outperformed by 81.67% the S&P500.

Interactive Brokers Group, Inc. (NASDAQ:IBKR) Ratings Coverage

Among 5 analysts covering Interactive Brokers (NASDAQ:IBKR), 2 have Buy rating, 1 Sell and 2 Hold. Therefore 40% are positive. Interactive Brokers had 11 analyst reports since October 18, 2017 according to SRatingsIntel. The stock has “Buy” rating by Sandler O’Neill on Wednesday, January 17. The firm earned “Buy” rating on Friday, April 6 by Rosenblatt. Keefe Bruyette & Woods maintained Interactive Brokers Group, Inc. (NASDAQ:IBKR) rating on Wednesday, April 11. Keefe Bruyette & Woods has “Hold” rating and $7200 target. The stock of Interactive Brokers Group, Inc. (NASDAQ:IBKR) earned “Hold” rating by SunTrust on Thursday, March 1. Keefe Bruyette & Woods maintained the shares of IBKR in report on Thursday, December 21 with “Hold” rating. As per Friday, February 2, the company rating was maintained by Sandler O’Neill. The rating was maintained by Keefe Bruyette & Woods on Monday, February 26 with “Hold”. As per Wednesday, January 10, the company rating was maintained by Keefe Bruyette & Woods. The firm has “Sell” rating by Goldman Sachs given on Monday, January 8. As per Tuesday, January 16, the company rating was maintained by Keefe Bruyette & Woods.

Interactive Brokers Group, Inc. operates as an automated electronic broker and market maker in approximately 120 electronic exchanges and market centers worldwide. The company has market cap of $30.32 billion. It specializes in executing and clearing trades in securities, futures, foreign exchange instruments, bonds, and mutual funds. It has a 68.83 P/E ratio. The firm custodies and services accounts for hedge and mutual funds, registered investment advisors, proprietary trading groups, introducing brokers, and individual investors.

Interactive Brokers Group, Inc. (NASDAQ:IBKR) Institutional Positions Chart

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