Key insights
- Interactive Brokers director purchased a small amount of stock. Recent earnings showed record revenue and EPS met expectations. Daily average revenue trades and client accounts increased significantly year-over-year. BMO Capital raised its price target to $93, indicating positive sentiment. Overall, the news suggests continued growth for IBKR, potentially influencing market sentiment positively.
Lori A Conkling, a director at Interactive Brokers Group, Inc. (NASDAQ:IBKR), purchased shares of the company’s Class A common stock on May 1, 2026. The transaction involved the acquisition of 25 shares at a price of $79.64 per share, totaling $1,991. The purchase came as IBKR stock trades near its 52-week high of $82.88, with shares currently at $81.72 following a remarkable 78% gain over the past year.
Following this purchase, Conkling directly holds 2,459 shares. This total includes shares acquired by the reporting person, Class A common stock attributable to vested restricted stock units awarded under the company’s 2007 Stock Incentive Plan, and unvested restricted stock units also awarded under the Plan. According to InvestingPro analysis, the stock appears slightly overvalued at current levels. Investors can access 10 additional ProTips and comprehensive metrics on the platform.
In other recent news, Interactive Brokers Group Inc. reported its first-quarter 2026 earnings, revealing a record revenue of $1.68 billion. The company also posted earnings per share of $0.60, aligning with analysts’ expectations. Additionally, Interactive Brokers disclosed an increase in daily average revenue trades for April, totaling 4.241 million, which marks an 11% rise from the previous year. Client accounts reached 4.859 million by the end of the month, showing a 31% year-over-year growth. BMO Capital has responded to this strong performance by raising its price target for Interactive Brokers from $80 to $93, maintaining an Outperform rating. This decision reflects confidence in the company’s ongoing growth trajectory. These recent developments highlight Interactive Brokers’ continued expansion and robust financial results.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.