Nemser, Interactive Brokers vice chairman, sells $6590 in stock

Published 30/07/2025, 23:32
Nemser, Interactive Brokers vice chairman, sells $6590 in stock

Interactive Brokers Group, Inc. (NASDAQ:IBKR), a $110 billion market cap financial services firm, has seen its stock surge 124% over the past year and currently trades near its 52-week high of $66.82. According to InvestingPro analysis, the stock appears slightly overvalued at current levels. Vice Chairman Earl H. Nemser sold 100 shares of Class A common stock on July 28, 2025, at a price of $65.9 per share. The total value of the transaction was $6590.

Following the transaction, Mr. Nemser indirectly owns 399900 shares through EN Holdings LLC and directly owns 427812 shares of Interactive Brokers Group, Inc. Class A common stock. This amount includes (a) Class A common stock attributable to vested restricted stock units that were awarded under the amended 2007 Stock Incentive Plan ("Plan") and (b) unvested restricted stock units that were awarded under the Plan.

In other recent news, Interactive Brokers Group reported impressive financial results for the second quarter of 2025, surpassing both earnings and revenue expectations. The company posted an earnings per share (EPS) of $0.51, which exceeded the projected $0.46, reflecting a 10.87% surprise. Revenue reached $1.48 billion, outperforming the expected $1.35 billion by 9.63%. BofA Securities responded by raising its price target for Interactive Brokers to $71, maintaining a Buy rating, citing stronger-than-expected net interest income as a key driver for the earnings beat. Similarly, Citi increased its price target to $65 from $60, while maintaining a Neutral rating, also attributing the earnings beat to better-than-expected net interest income and other revenue. These recent developments highlight the company’s strong financial performance in the second quarter.

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