Interactive Brokers Group, Inc. (IBKR) Forms $73.57 Double Top; Rivernorth Capital Management Trimmed Its General Amern Invs (GAM) Position

Interactive Brokers Group, Inc. (NASDAQ:IBKR) Logo

Interactive Brokers Group, Inc. (IBKR) formed double top with $79.46 target or 8.00% above today’s $73.57 share price. Interactive Brokers Group, Inc. (IBKR) has $30.29B valuation. The stock decreased 0.65% or $0.48 during the last trading session, reaching $73.57. About 335,734 shares traded. Interactive Brokers Group, Inc. (NASDAQ:IBKR) has risen 93.22% since May 3, 2017 and is uptrending. It has outperformed by 81.67% the S&P500.

Rivernorth Capital Management Llc decreased General Amern Invs Inc (GAM) stake by 3.87% reported in 2017Q4 SEC filing. Rivernorth Capital Management Llc sold 9,009 shares as General Amern Invs Inc (GAM)’s stock declined 1.96%. The Rivernorth Capital Management Llc holds 223,737 shares with $7.70 million value, down from 232,746 last quarter. General Amern Invs Inc now has $872.10 million valuation. The stock decreased 0.98% or $0.33 during the last trading session, reaching $33.3. About 17,082 shares traded. General American Investors Company, Inc. (NYSE:GAM) has risen 9.16% since May 3, 2017 and is uptrending. It has underperformed by 2.39% the S&P500.

Among 8 analysts covering Interactive Brokers Group (NASDAQ:IBKR), 2 have Buy rating, 2 Sell and 4 Hold. Therefore 25% are positive. Interactive Brokers Group had 30 analyst reports since September 1, 2015 according to SRatingsIntel. The stock has “Outperform” rating by Keefe Bruyette & Woods on Thursday, December 8. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Monday, February 26. The firm has “Buy” rating given on Wednesday, April 18 by Sandler O’Neill. The stock of Interactive Brokers Group, Inc. (NASDAQ:IBKR) has “Neutral” rating given on Tuesday, January 10 by Goldman Sachs. The company was maintained on Thursday, August 17 by Keefe Bruyette & Woods. The company was downgraded on Tuesday, September 1 by Zacks. Sandler O’Neill maintained the stock with “Buy” rating in Wednesday, January 17 report. The company was maintained on Tuesday, April 17 by SunTrust. The company was maintained on Wednesday, January 10 by Keefe Bruyette & Woods. Keefe Bruyette & Woods maintained the shares of IBKR in report on Tuesday, October 10 with “Hold” rating.

Investors sentiment decreased to 1.39 in Q4 2017. Its down 0.33, from 1.72 in 2017Q3. It dropped, as 19 investors sold Interactive Brokers Group, Inc. shares while 61 reduced holdings. 54 funds opened positions while 57 raised stakes. 61.80 million shares or 0.28% more from 61.63 million shares in 2017Q3 were reported. Principal Fincl Gru has invested 0.02% in Interactive Brokers Group, Inc. (NASDAQ:IBKR). Commonwealth Of Pennsylvania Public School Empls Retrmt reported 10,440 shares or 0.01% of all its holdings. Moreover, Rafferty Asset Management Limited Liability Company has 0.02% invested in Interactive Brokers Group, Inc. (NASDAQ:IBKR). Centaur Ptnrs L P holds 4.55% in Interactive Brokers Group, Inc. (NASDAQ:IBKR) or 48,500 shares. Wells Fargo Mn holds 0% or 279,153 shares. Baillie Gifford & Comm stated it has 6.02M shares or 0.44% of all its holdings. The New York-based Oppenheimer & has invested 0.01% in Interactive Brokers Group, Inc. (NASDAQ:IBKR). Kayne Anderson Rudnick Mgmt holds 2.36 million shares or 1.13% of its portfolio. Price Management holds 30,604 shares or 0.62% of its portfolio. Gemmer Asset Management Limited Liability Corp has 310 shares for 0.01% of their portfolio. Markston Interest Ltd Liability Corporation holds 0.01% of its portfolio in Interactive Brokers Group, Inc. (NASDAQ:IBKR) for 1,600 shares. Martingale Asset Management Limited Partnership invested in 8,505 shares. Crestwood Capital Management Limited Partnership, New York-based fund reported 196,932 shares. Raymond James Fincl Advsr reported 68,721 shares. Victory Cap stated it has 621,557 shares or 0.08% of all its holdings.

Since January 22, 2018, it had 0 insider buys, and 1 sale for $2.01 million activity. Another trade for 32,000 shares valued at $2.01 million was sold by Nemser Earl H.

Since December 14, 2017, it had 8 insider purchases, and 9 insider sales for $63,800 activity. 5,800 shares were bought by DAVIDSON SPENCER, worth $197,991 on Friday, December 15. Stark Eugene S had bought 700 shares worth $23,716. TRUST FBO ALTSCHUL STEPHEN F UW ALTSCHUL HG also sold $70,765 worth of General American Investors Company, Inc. (NYSE:GAM) shares. $82,535 worth of General American Investors Company, Inc. (NYSE:GAM) was bought by Priest Jeffrey W on Wednesday, March 21. $69,669 worth of stock was bought by TRUST F B O ALTSCHUL STEPHEN F U A D 10 22 58 on Wednesday, April 18. BERENS RODNEY B sold 4,000 shares worth $144,716. Majmudar Anang K. bought $7,445 worth of General American Investors Company, Inc. (NYSE:GAM) on Thursday, February 8.

Rivernorth Capital Management Llc increased Western Asset Clym Infl Opp (WIW) stake by 200,089 shares to 2.10 million valued at $23.96 million in 2017Q4. It also upped Nexpoint Cr Strategies Fd stake by 404,421 shares and now owns 880,861 shares. Blackrock Muni Inter Dr Fd I (MUI) was raised too.

Investors sentiment increased to 2.05 in Q4 2017. Its up 1.27, from 0.78 in 2017Q3. It is positive, as 2 investors sold GAM shares while 18 reduced holdings. 9 funds opened positions while 32 raised stakes. 6.48 million shares or 11.86% less from 7.35 million shares in 2017Q3 were reported. Sg Americas Ltd Com reported 0% in General American Investors Company, Inc. (NYSE:GAM). Moreover, Saba Cap Mgmt LP has 1.7% invested in General American Investors Company, Inc. (NYSE:GAM) for 632,876 shares. City Of London Inv Management owns 85,145 shares. Moreover, Baystate Wealth Ltd Co has 0% invested in General American Investors Company, Inc. (NYSE:GAM). Tci Wealth Advsr Inc has invested 0.05% in General American Investors Company, Inc. (NYSE:GAM). Walleye Trading Ltd Company holds 15,839 shares or 0% of its portfolio. Virtus Investment Advisers invested in 39,772 shares or 0% of the stock. Rivernorth Capital Mgmt Limited Liability Co stated it has 0.54% in General American Investors Company, Inc. (NYSE:GAM). Bessemer Grp Incorporated owns 5,138 shares. Geode Capital Ltd Llc stated it has 0% in General American Investors Company, Inc. (NYSE:GAM). Sei Investments stated it has 91 shares or 0% of all its holdings. Cambridge Rech Advsrs Inc holds 0% in General American Investors Company, Inc. (NYSE:GAM) or 7,996 shares. Creative Planning reported 13,511 shares. The Pennsylvania-based Brinker Capital Inc has invested 0.03% in General American Investors Company, Inc. (NYSE:GAM). 186,400 are held by Thomas J Herzfeld Advsrs.

Interactive Brokers Group, Inc. (NASDAQ:IBKR) Institutional Positions Chart