To the Moon? What is going on with IBKR?

Interactive Brokers stock is trading -17.81% below its average target price of $106.43 after marking a 2.1% during today's afternoon session. Analysts are giving the mid-cap Capital Markets company an average rating of buy and target prices ranging from $94.0 to $125.0 per share.

The stock has an average amount of shares sold short at 2.2%, and a short ratio of 2.87. The company's insiders own 3.25% of its outstanding shares, which indicates a strong alignment between management and shareholder interests. Finally, we also note that a significant number of institutional investors are invested in the stock, with 91.0% of Interactive Brokers's shares being owned by this investor type.

Institutions Invested in Interactive Brokers

Date Reported Holder Percentage Shares Value
2023-06-30 Vanguard Group Inc 9% 9,258,594 $809,941,834
2023-06-30 Blackrock Inc. 8% 8,757,929 $766,143,658
2023-06-30 Orbis Allan Gray Ltd 8% 8,147,790 $712,768,696
2023-06-30 Kayne Anderson Rudnick Investment Management LLC 7% 7,569,260 $662,158,890
2023-06-30 Cantillon Capital Management LLC 4% 3,834,468 $335,439,273
2023-06-30 Greenwich Wealth Management Llc 3% 2,928,304 $256,168,043
2023-06-30 State Street Corporation 3% 2,818,815 $246,589,945
2023-06-30 Bares Capital Management Inc 2% 2,571,299 $224,937,245
2023-06-30 Marshall Wace LLP 2% 2,447,539 $214,110,719
2023-06-30 Select Equity Group, Inc. 2% 2,237,176 $195,708,163

Besides an analyst consensus of some upside potential, other market factors point to there being positive market sentiment on Interactive Brokers.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.