Interactive BrokersIBKR
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)
120% more first-time investments, than exits
New positions opened: 99 | Existing positions closed: 45
49% more call options, than puts
Call options by funds: $177M | Put options by funds: $119M
35% more funds holding in top 10
Funds holding in top 10: 17 [Q1] → 23 (+6) [Q2]
11% more funds holding
Funds holding: 490 [Q1] → 544 (+54) [Q2]
8% more capital invested
Capital invested by funds: $10.5B [Q1] → $11.4B (+$891M) [Q2]
6% more repeat investments, than reductions
Existing positions increased: 193 | Existing positions reduced: 182
1.07% less ownership
Funds ownership: 88.15% [Q1] → 87.08% (-1.07%) [Q2]
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
Barclays Benjamin Budish 87% 1-year accuracy 55 / 63 met price target | 12%upside $165 | Overweight Maintained | 16 Oct 2024 |
Piper Sandler Patrick Moley 95% 1-year accuracy 21 / 22 met price target | 10%upside $163 | Overweight Reiterated | 16 Oct 2024 |
UBS Brennan Hawken 68% 1-year accuracy 25 / 37 met price target | 15%upside $170 | Buy Maintained | 8 Oct 2024 |
Piper Sandler Patrick Moley 95% 1-year accuracy 21 / 22 met price target | 10%upside $163 | Overweight Maintained | 8 Oct 2024 |
Barclays Benjamin Budish 87% 1-year accuracy 55 / 63 met price target | 12%upside $166 | Overweight Maintained | 7 Oct 2024 |
Financial journalist opinion
Based on 38 articles about IBKR published over the past 30 days
