JPMorgan Chase & Co. Sells 1,097,942 Shares of Interactive Brokers Group, Inc. $IBKR

NodeGuardian · 2026-02-22T07:15:51+00:00

JPMorgan Chase & Co. decreased its stake in Interactive Brokers by 10.8%, holding about $622.8 million in shares, despite the company reporting better-than-expected Q3 earnings and a positive outlook from analysts.

NodeGuardian

2026-02-22 07:15:51

Abstract generation in progress

JPMorgan Chase & Co. reduced its stake in Interactive Brokers Group (NASDAQ:IBKR) by 10.8%, selling over 1 million shares, now holding 9,050,456 shares valued at approximately $622.8 million. This comes as Interactive Brokers outperformed Q3 earnings expectations, reporting $0.65 EPS against a $0.50 consensus and an 18.5% year-over-year revenue increase. The company also declared a quarterly dividend of $0.08, while analyst sentiment remains largely positive with a consensus “Buy” rating and a price target of about $76.39.

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