Investors Purchase Large Volume of Call Options on Interactive Brokers Group (NASDAQ:IBKR)

On January 24, 2025, unusual options trading was observed in Interactive Brokers Group, Inc. (NASDAQ:IBKR). Investors engaged in purchasing 3,850 call options, marking a significant 55% increase from the average volume of 2,476 call options typically traded.

Institutional Investors Show Interest in Interactive Brokers Group

Recent activities among institutional investors reveal a shift in their holdings of IBKR. For instance, Contravisory Investment Management Inc. initiated a new investment in Interactive Brokers Group during the fourth quarter, valued around $25,000. Meanwhile, Versant Capital Management Inc. increased its stake in the company by an impressive 66.4% within the same quarter, bringing its total to 178 shares worth approximately $31,000 after purchasing an additional 71 shares. Blue Trust Inc. also expanded its investment in Interactive Brokers Group by 90.7%, acquiring a total of 185 shares valued at $33,000 after adding 88 shares during the quarter. Likewise, Harbor Investment Advisory LLC doubled its stake in the fourth quarter, now owning 200 shares worth $35,000 after buying another 100 shares. UMB Bank n.a. exhibited the most substantial growth, increasing its holdings by 350% in the previous quarter to own 288 shares valued at $40,000 after purchasing an additional 224 shares. Overall, institutional investors currently own about 23.80% of Interactive Brokers Group's shares.

Price Targets Established by Analysts

Several equity analysts have updated their price targets for IBKR shares. UBS Group raised its target price from $155.00 to $170.00, maintaining a "buy" rating, while Piper Sandler reaffirmed an "overweight" rating with a revised price target of $210.00, up from $200.00. Citigroup increased its target from $180.00 to $220.00, also assigning a "buy" rating. The Goldman Sachs Group modified its target price from $171.00 to $195.00, maintaining a "buy" rating, and Jefferies Financial Group lifted its target from $152.00 to $165.00 with a "buy" rating. Thus far, one analyst has given a hold rating, while seven recommend buying shares of the company. According to MarketBeat.com, Interactive Brokers Group has an average rating of "Moderate Buy" with a consensus price target set at $192.25.

Overview of Interactive Brokers Group's Stock Performance

On Friday, NASDAQ:IBKR commenced trading at $208.55. The company has a 50-day simple moving average of $185.31 and a 200-day average of $152.25. As of now, Interactive Brokers Group holds a market capitalization of $88.12 billion, with a P/E ratio of 29.54 and a PEG ratio of 1.40, along with a beta of 0.87. The stock has experienced a 52-week low of $88.22 and a high of $212.84.

On January 21, 2025, Interactive Brokers Group reported its quarterly earnings results, announcing an EPS of $2.03, surpassing the analysts’ consensus estimate of $1.81 by $0.22. The company demonstrated a return on equity of 5.11% with a net margin of 9.25%. Its revenue for the quarter reached $1.39 billion, exceeding the expectations of $1.372 billion. This represents a yearly revenue increase of 21.8% compared to the same period last year. Analysts forecast an EPS of 7.2 for the current fiscal year.

Dividend Announcement by Interactive Brokers Group

Interactive Brokers Group has also announced a quarterly dividend of $0.25, which will be paid on March 14. Shareholders recorded on February 28 will receive this dividend, translating to an annualized dividend of $1.00 and a yield of 0.48%. The ex-dividend date is set for February 28. Currently, the company’s dividend payout ratio stands at 14.16%.

About Interactive Brokers Group

Interactive Brokers Group, Inc. operates as a global automated electronic broker. The firm focuses on the execution, clearance, and settlement of trades across a variety of instruments including stocks, options, futures, foreign currencies, bonds, mutual funds, ETFs, valuable metals, and cryptocurrencies.

Read More

• Five stocks we like better than Interactive Brokers Group
• Which Wall Street Analysts are the Most Accurate?
• Market Momentum: 3 Stocks Poised for Significant Breakouts
• Manufacturing Stocks Investing
• Kinder Morgan’s Uptrend is Only Half Over: New Highs Are Coming
• Expert Stock Trading Psychology Tips
• Momentum Builders: 3 Stocks Positioned to Shine This Quarter

Investors, Options, Trading