A Reversal for Interactive Brokers Group, Inc. (IBKR) Is Not Near. The Stock Reaches All Time High Today

February 15, 2018 - By reb123z

Investors sentiment increased to 1.72 in Q3 2017. Its up 0.51, from 1.21 in 2017Q2. It increased, as 23 investors sold Interactive Brokers Group, Inc. shares while 37 reduced holdings. 29 funds opened positions while 74 raised stakes. 61.63 million shares or 5.89% more from 58.20 million shares in 2017Q2 were reported.
Walleye Trading Ltd Company has invested 0% in Interactive Brokers Group, Inc. (NASDAQ:IBKR). The Michigan-based Schwartz Inv Counsel has invested 0.39% in Interactive Brokers Group, Inc. (NASDAQ:IBKR). Swiss Bancorporation has invested 0.01% in Interactive Brokers Group, Inc. (NASDAQ:IBKR). Credit Suisse Ag has invested 0% in Interactive Brokers Group, Inc. (NASDAQ:IBKR). Comerica Bank reported 0.03% stake. Nordea Inv holds 0.05% of its portfolio in Interactive Brokers Group, Inc. (NASDAQ:IBKR) for 472,320 shares. Tpg Group Incorporated (Sbs) Advisors invested in 1.59% or 2.18M shares. State Of Wisconsin Board reported 14,172 shares. Lombard Odier Asset Management (Usa) stated it has 0.37% of its portfolio in Interactive Brokers Group, Inc. (NASDAQ:IBKR). Gabelli Funds Limited Company owns 0.07% invested in Interactive Brokers Group, Inc. (NASDAQ:IBKR) for 264,000 shares. Vanguard Gru reported 0.01% in Interactive Brokers Group, Inc. (NASDAQ:IBKR). Gamco Invsts Et Al has invested 0.01% in Interactive Brokers Group, Inc. (NASDAQ:IBKR). Brown Advisory has invested 0% of its portfolio in Interactive Brokers Group, Inc. (NASDAQ:IBKR). X Mngmt Co Ltd Company has invested 0% in Interactive Brokers Group, Inc. (NASDAQ:IBKR). Wellington Mgmt Llp reported 105,580 shares stake.

Since August 14, 2017, it had 0 insider purchases, and 77 selling transactions for $47.71 million activity. Brody Paul Jonathan sold 5,135 shares worth $211,767. 1,632 shares were sold by Nemser Earl H, worth $72,661. The insider Mendonca Denis sold 1,156 shares worth $57,222.

The stock of Interactive Brokers Group, Inc. (NASDAQ:IBKR) reached all time high today, Feb, 15 and still has $69.73 target or 4.00 % above today’s $67.05 share price. This indicates more upside for the $27.61 billion company. This technical setup was reported by Barchart.com. If the $69.73 PT is reached, the company will be worth $1.10 billion 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 0.63% or $0.42 during the last trading session, reaching $67.05. About 275,456 shares traded. Interactive Brokers Group, Inc. (NASDAQ:IBKR) has declined 4.87% since February 15, 2017 and is downtrending. It has underperformed by 21.57% the S&P500.

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

Among 8 analysts covering Interactive Brokers Group (NASDAQ:IBKR), 1 have Buy rating, 2 Sell and 5 Hold. Therefore 13% are positive. Interactive Brokers Group had 22 analyst reports since September 1, 2015 according to SRatingsIntel. Sandler O’Neill maintained Interactive Brokers Group, Inc. (NASDAQ:IBKR) rating on Friday, February 2. Sandler O’Neill has “Buy” rating and $75.0 target. The rating was downgraded by Goldman Sachs to “Sell” on Tuesday, January 12. The firm has “Neutral” rating by SunTrust given on Wednesday, March 23. The rating was downgraded by Wood on Wednesday, April 19 to “Market Perform”. The rating was initiated by Buckingham Research on Thursday, May 12 with “Neutral”. The firm has “Neutral” rating by Goldman Sachs given on Tuesday, January 10. Keefe Bruyette & Woods maintained Interactive Brokers Group, Inc. (NASDAQ:IBKR) rating on Tuesday, October 17. Keefe Bruyette & Woods has “Hold” rating and $50.0 target. The firm earned “Hold” rating on Thursday, August 17 by Keefe Bruyette & Woods. Keefe Bruyette & Woods maintained it with “Hold” rating and $60.0 target in Thursday, December 21 report. The stock of Interactive Brokers Group, Inc. (NASDAQ:IBKR) has “Hold” rating given on Tuesday, January 16 by Keefe Bruyette & Woods.

More notable recent Interactive Brokers Group, Inc. (NASDAQ:IBKR) news were published by: Seekingalpha.com which released: “Interactive Brokers And Their Competitors As Investments: An Understanding Today” on February 05, 2018, also Fool.com with their article: “Revenue Surges on Higher Trading at Interactive Brokers Group, Inc.” published on January 19, 2018, Investorplace.com published: “3 Stocks to Watch on Wednesday: Adient PLC (ADNT), Interactive Brokers Group …” on January 17, 2018. More interesting news about Interactive Brokers Group, Inc. (NASDAQ:IBKR) were released by: Benzinga.com and their article: “Earnings Preview For Interactive Brokers Group” published on January 16, 2018 as well as Streetinsider.com‘s news article titled: “Form SC 13G Interactive Brokers Grou Filed by: Bares Capital Management, Inc.” with publication date: February 14, 2018.

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 $27.61 billion. It specializes in executing and clearing trades in securities, futures, foreign exchange instruments, bonds, and mutual funds. It has a 62.66 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.

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