A high level insider at Interactive Brokers Group, Inc. (NASDAQ:IBKR) altered his holdings in the company through multiple transactions that were executed today. Senior Vice President of Software Development Milan Galik sold a total of 1,800 shares of common stock through two separate transactions at average prices ranging from $23.54 to $23.79 per share. Following this move, Galik still holds 726,617 shares directly in the company. Moreover, this was the 4th time in recent weeks that he has made such a move, selling over 5,000 shares in the last month.
MoreoverInteractive Brokers Group, Inc. (NASDAQ:IBKR) is a $1.36 billion market cap automated global electronic broker and market maker specializing in routing orders and executing and processing trades in securities, futures, foreign exchange instruments, bonds and mutual funds on more than 100 electronic exchanges and trading venues worldwide.
In addition, Power Player D.E. Shaw‘s D E Shaw fund has shown involvement with the company. The fund reported a 30% rise in its activity last quarter, and following this move, currently holds 283,758 shares worth about $6.6 million.
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.
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