Interactive Brokers Group, Inc. (NASDAQ:IBKR) saw an insider lower his position in the company today. The Senior Vice President of Software Development Milan Galik sold a total of 1,800 shares of common stock through two separate transactions at prices ranging from $25.1 to $25.13. Following this move, Galik holds a total of 714,017 shares directly. This is the most recent filing in a month that has seen Galik sell over 9,000 shares through 6 separate transactions.
Interactive Brokers Group, Inc. (NASDAQ:IBKR) is a $1.45 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, billionaire D.E. Shaw‘s D E Shaw fund is involved with Interactive Brokers Group, Inc. (NASDAQ:IBKR). After reporting a 30% rise in its holdings last quarter, the fund now holds 283,758 shares worth approximately $6.6 million.
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.