Interactive Brokers Group, Inc. (NASDAQ:IBKR) saw its Senior Vice President of Software Development, Milan Galik, sell a total of 1,800 shares of common stock through two separate transactions at an average price of $24.78 per share. Following this move, Galik still holds 723,017 shares directly. Moreover, this was the 5th time in recent weeks that he has made such a move, selling over 7,000 shares over the last month.
MoreoverInteractive 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 has shown involvement with the company. The fund reported a 30% rise in its holdings last quarter, and now has a total of 283,758 shares, worth about $6.6 million.
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.