What Next for Interactive Brokers Group, Inc. (IBKR) Stock After Touching All Time High?

April 17, 2018 - By Duane Lopez

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

Investors sentiment decreased to 1.39 in Q4 2017. Its down 0.33, from 1.72 in 2017Q3. It worsened, 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.
6,354 are held by Atria Invs Lc. 42,300 were reported by Highvista Strategies Ltd Liability. Gabelli Funds Ltd Liability Company owns 0.07% invested in Interactive Brokers Group, Inc. (NASDAQ:IBKR) for 197,498 shares. Wells Fargo & Company Mn reported 0% in Interactive Brokers Group, Inc. (NASDAQ:IBKR). Prelude Capital Mngmt Limited Liability Co holds 0.01% of its portfolio in Interactive Brokers Group, Inc. (NASDAQ:IBKR) for 2,800 shares. Blackrock, New York-based fund reported 5.77M shares. Texas Permanent School Fund invested in 48,314 shares or 0.04% of the stock. Jpmorgan Chase And stated it has 0% in Interactive Brokers Group, Inc. (NASDAQ:IBKR). Select Equity Ltd Partnership reported 0.57% of its portfolio in Interactive Brokers Group, Inc. (NASDAQ:IBKR). The New York-based Sg Americas Secs has invested 0.02% in Interactive Brokers Group, Inc. (NASDAQ:IBKR). State Street accumulated 0.01% or 1.90M shares. Moreover, Ameriprise Fincl has 0.01% invested in Interactive Brokers Group, Inc. (NASDAQ:IBKR). Pacific Glob Inv holds 9,199 shares. The Minnesota-based Us Natl Bank De has invested 0.01% in Interactive Brokers Group, Inc. (NASDAQ:IBKR). 56,181 were accumulated by State Of Tennessee Treasury Department.

Since October 17, 2017, it had 0 buys, and 11 sales for $9.01 million activity. Nemser Earl H sold $81,873 worth of Interactive Brokers Group, Inc. (NASDAQ:IBKR) on Tuesday, October 17. Frank Thomas AJ sold $1.65M worth of Interactive Brokers Group, Inc. (NASDAQ:IBKR) on Monday, October 23. On Friday, October 20 the insider Mendonca Denis sold $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. Keefe Bruyette & Woods maintained Interactive Brokers Group, Inc. (NASDAQ:IBKR) rating on Monday, February 26. Keefe Bruyette & Woods has “Hold” rating and $67.0 target. The stock of Interactive Brokers Group, Inc. (NASDAQ:IBKR) has “Hold” rating given on Thursday, March 1 by SunTrust. Keefe Bruyette & Woods maintained the stock with “Hold” rating in Tuesday, January 16 report. The stock of Interactive Brokers Group, Inc. (NASDAQ:IBKR) earned “Buy” rating by Sandler O’Neill on Wednesday, January 17. Keefe Bruyette & Woods maintained the shares of IBKR in report on Wednesday, January 10 with “Hold” rating. The stock of Interactive Brokers Group, Inc. (NASDAQ:IBKR) earned “Buy” rating by Sandler O’Neill on Friday, February 2. The stock of Interactive Brokers Group, Inc. (NASDAQ:IBKR) has “Hold” rating given on Thursday, December 21 by Keefe Bruyette & Woods. Goldman Sachs downgraded the stock to “Sell” rating in Monday, January 8 report. Keefe Bruyette & Woods maintained the shares of IBKR in report on Wednesday, April 11 with “Hold” rating. The rating was maintained by Rosenblatt with “Buy” on Friday, April 6.

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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