Interactive BrokersIBKR
Market Cap: $13.3B
About: Interactive Brokers is an online brokerage that generates trading commissions (around 31% of net revenue) from facilitating trading in a wide range of products, including equity, options, futures, foreign exchange, bonds, mutual funds, and ETFs. Interactive Brokers also generates net interest income (about 64% of net revenue) from idle client cash and earns fees (about 6% of net revenue) from ancillary services. Principal trading and other miscellaneous activities are small (about 5% of net revenue). The firm derives about 70% of its net revenue from the U.S. and 30% from international markets.
Employees: 2,951
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
118% more first-time investments, than exits
New positions opened: 98 | Existing positions closed: 45
49% more call options, than puts
Call options by funds: $177M | Put options by funds: $119M
41% more funds holding in top 10
Funds holding in top 10: 17 [Q1] → 24 (+7) [Q2]
11% more funds holding
Funds holding: 490 [Q1] → 543 (+53) [Q2]
9% more capital invested
Capital invested by funds: $10.5B [Q1] → $11.5B (+$939M) [Q2]
6% more repeat investments, than reductions
Existing positions increased: 193 | Existing positions reduced: 182
0.71% less ownership
Funds ownership: 88.15% [Q1] → 87.44% (-0.71%) [Q2]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
Barclays Benjamin Budish 72% 1-year accuracy 52 / 72 met price target | 20%upside $147 | Overweight Maintained | 17 Jul 2024 |
Barclays Benjamin Budish 72% 1-year accuracy 52 / 72 met price target | 18%upside $145 | Overweight Maintained | 10 Jul 2024 |
UBS Brennan Hawken 59% 1-year accuracy 19 / 32 met price target | 18%upside $145 | Buy Maintained | 9 Jul 2024 |
Jefferies Daniel Fannon 86% 1-year accuracy 6 / 7 met price target | 22%upside $150 | Buy Maintained | 8 Jul 2024 |
Financial journalist opinion
Based on 26 articles about IBKR published over the past 30 days