Interactive Brokers Group, Inc. (NASDAQ:IBKR)’s Svp Software Development Milan Galik recently sold 18,000 shares of Class A Common Stock, at an average price of $ 22.92 per share. Following this sale, Mr. Galik holds 779,717 shares at this $1.27 Billion Market Cap Holding Company. “These shares represent the aggregate number of shares of restricted stock from awards granted under the 2007 Stock Incentive Plan since its inception, less vested shares that were sold for withholding tax purposes and vested shares sold pursuant to a Rule 10b5-1 trading plan,” (SEC).
Additionally, Ted Kang’s Kylin Management has increased its activity at Interactive Brokers Group, Inc. (NASDAQ:IBKR) by 30% over the last reported quarter. The hedge fund currently owns above 4 million shares, worth over $89 million, amount which accounts for 10.48% of the fund’s Equity Portfolio. Another important hedge fund feeling pretty bullish is Israel Englander’s Millennium Management. This fund increased its stake at the company by 337% compared to the last reported quarter, currently holding more than 1 million shares, valued at $22.7 million, and representing 0.06% of the fund’s Equity Portfolio.