Interactive Brokers shares rose 8.1% this afternoon to a price of $208.53. The stock is still trading within range of its average target price of $215.4, and over the last 52 weeks, it has recorded a 110.0% performance. Analysts have given the Large-Cap Capital Markets stock target prices ranging from $140.0 to $291.0 dollars per share, with an average rating of buy.
Interactive Brokers's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 1.6%. The stock's short ratio is 1.55. The company's insiders own 2.72% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Another number to watch is the company's rate of institutional share ownership, which now stands at 87.5%. In conclusion, we believe there is positive market sentiment regarding Interactive Brokers.
Institutions Invested in Interactive Brokers
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-09-30 | Vanguard Group Inc | 9% | 10,199,141 | $2,126,826,860 |
| 2024-09-30 | Blackrock Inc. | 9% | 9,572,432 | $1,996,139,233 |
| 2024-09-30 | Orbis Allan Gray Ltd | 6% | 6,503,137 | $1,356,099,150 |
| 2024-09-30 | JP Morgan Chase & Company | 4% | 4,017,082 | $837,682,104 |
| 2024-09-30 | Kayne Anderson Rudnick Investment Management LLC | 4% | 3,883,225 | $809,768,904 |
| 2024-09-30 | Egerton Capital (UK) LLP | 3% | 3,382,513 | $705,355,431 |
| 2024-09-30 | Cantillon Capital Management LLC | 3% | 3,377,643 | $704,339,890 |
| 2024-09-30 | State Street Corporation | 3% | 3,222,135 | $671,911,807 |
| 2024-09-30 | Greenwich Wealth Management Llc | 3% | 2,979,223 | $621,257,368 |
| 2024-09-30 | Geode Capital Management, LLC | 2% | 2,065,535 | $430,726,011 |
