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Interactive Brokers Group, Inc. (NASDAQ:IBKR), a $117 billion market cap financial services firm that has seen its stock surge 100% over the past year, reported that Chief Financial Officer Paul Jonathan Brody sold a total of $1.45 million in Class A common stock on September 29 and 30. According to InvestingPro analysis, the stock is currently trading above its Fair Value, with the shares hovering near their 52-week high of $70.27.
According to a Form 4 filing with the Securities and Exchange Commission, the sales involved multiple transactions. On September 29, Brody sold 7,414 shares at a weighted average price of $67.16, for a total value of $498,851. The prices for these shares ranged from $66.64 to $67.63. On the same day, he also sold 8,792 shares at a weighted average price of $68.27, for a total value of $600,112; these shares were sold in a range of $67.64 to $68.63. Additionally, 2,021 shares were sold at an average price of $68.70, for a total value of $138,843, with prices ranging from $68.64 to $68.82. The stock currently trades at a P/E ratio of 33.6x, reflecting the market’s strong confidence in the company’s growth prospects.
On September 30, Brody sold 1,979 shares at an average price of $69.30, for a total value of $137,133; the price range was $68.75 to $69.74. The final transaction involved the sale of 1,155 shares at an average price of $70.00, for a total value of $80,850, with prices ranging from $69.75 to $70.26.
The shares were indirectly held by PJB Holdings LLC. Following the transactions, Brody continues to indirectly own 6,928 shares through PJB Holdings LLC, and directly owns 2,885,496 shares. For investors seeking deeper insights into IBKR’s valuation and growth prospects, InvestingPro offers comprehensive analysis with 12+ additional exclusive tips and detailed financial metrics in its Pro Research Report, available to subscribers.
In other recent news, Interactive Brokers reported a substantial 47% year-over-year increase in daily average revenue trades for September 2025, reaching 3.864 million trades. This marks an 11% rise from the previous month. The company also led a $104 million Series D-2 funding round for Zerohash, attracting investment from notable firms such as Morgan Stanley and SoFi. Additionally, Interactive Brokers will be added to the S&P 500 index, replacing Walgreens Boots Alliance. This inclusion was announced by S&P Dow Jones Indices and is expected to take effect shortly. In product developments, Interactive Brokers launched a new tool called Connections, which helps investors explore related investment opportunities across global markets. Furthermore, the company released Version 1.0 of its IBKR Desktop trading platform, designed to integrate market intelligence and trading tools for both retail and professional clients. These developments highlight Interactive Brokers’ ongoing growth and innovation in the financial sector.
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