TriaGen Wealth Management LLC Buys 19,745 Shares of Interactive Brokers Group, Inc. (NASDAQ:IBKR)
From MarketBeat:
Wealth management firm, TriaGen Wealth Management LLC, increased its stake in Interactive Brokers Group, Inc. by over 200% in the 3rd quarter. The firm now owns over 29,000 shares of the company’s stock, making it their 15th largest holding. Several other hedge funds and institutional investors have also made recent changes to their holdings of the stock.
Interactive Brokers Group stock performance shows that its market cap is $34.90 billion with a PE ratio of 15.10 and a beta of 0.74. The firm has a 50-day moving average price of $80.64 and a 200-day moving average price of $85.00. The firm also reported its earnings results, with a revenue of $1.15 billion in the third quarter.
The firm has also recently announced a quarterly dividend, with a dividend yield of 0.48%. Insider activity at Interactive Brokers Group has also been of note, with CFO Paul Jonathan Brody and insider Thomas Aj Frank both selling thousands of shares recently.
Several analysts have issued ratings and target prices for Interactive Brokers Group stock, with an average rating of “Moderate Buy” and an average target price of $110.88. The company operates as an automated electronic broker worldwide, specializing in routing, executing, and processing trades in various financial instruments.
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