Blucora, Inc. (BCOR) Reaches $38.15 52-Week High; Bares Capital Management Upped Interactive Brokers Group (IBKR) Position By $16.55 Million

May 27, 2018 - By wolcottdaily

Interactive Brokers Group, Inc. (NASDAQ:IBKR) Logo

Bares Capital Management Inc increased Interactive Brokers Group Inc (IBKR) stake by 6.15% reported in 2017Q4 SEC filing. Bares Capital Management Inc acquired 280,574 shares as Interactive Brokers Group Inc (IBKR)’s stock rose 10.58%. The Bares Capital Management Inc holds 4.84 million shares with $286.73M value, up from 4.56 million last quarter. Interactive Brokers Group Inc now has $32.02B valuation. The stock decreased 0.74% or $0.58 during the last trading session, reaching $77.78. About 1.04 million shares traded or 57.38% up from the average. Interactive Brokers Group, Inc. (NASDAQ:IBKR) has risen 93.22% since May 27, 2017 and is uptrending. It has outperformed by 81.67% the S&P500.




The stock of Blucora, Inc. (NASDAQ:BCOR) hit a new 52-week high and has $39.29 target or 3.00% above today’s $38.15 share price. The 6 months bullish chart indicates low risk for the $1.79B company. The 1-year high was reported on May, 27 by Barchart.com. If the $39.29 price target is reached, the company will be worth $53.76M more. The stock increased 1.33% or $0.5 during the last trading session, reaching $38.15. About 337,953 shares traded. Blucora, Inc. (NASDAQ:BCOR) has risen 36.26% since May 27, 2017 and is uptrending. It has outperformed by 24.71% the S&P500.

Among 6 analysts covering Blucora (NASDAQ:BCOR), 6 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Blucora has $4000 highest and $10 lowest target. $24.80’s average target is -34.99% below currents $38.15 stock price. Blucora had 13 analyst reports since August 22, 2015 according to SRatingsIntel. Benchmark maintained Blucora, Inc. (NASDAQ:BCOR) on Monday, August 24 with “Buy” rating. The stock of Blucora, Inc. (NASDAQ:BCOR) has “Buy” rating given on Tuesday, March 20 by William Blair. As per Friday, April 29, the company rating was upgraded by Craig Hallum. Barrington maintained the shares of BCOR in report on Tuesday, May 15 with “Buy” rating. Benchmark maintained Blucora, Inc. (NASDAQ:BCOR) on Tuesday, February 16 with “Buy” rating. Benchmark maintained Blucora, Inc. (NASDAQ:BCOR) on Saturday, August 22 with “Buy” rating. The stock of Blucora, Inc. (NASDAQ:BCOR) earned “Buy” rating by Benchmark on Wednesday, July 26. The rating was upgraded by Barrington Research to “Outperform” on Monday, May 2. Craig Hallum maintained the shares of BCOR in report on Thursday, May 10 with “Buy” rating. Barrington Research maintained Blucora, Inc. (NASDAQ:BCOR) on Friday, October 28 with “Outperform” rating.

Blucora, Inc. provides technology-enabled financial solutions to consumers, small business owners, and tax professionals in the United States. The company has market cap of $1.79 billion. The firm operates through two divisions, Wealth Management and Tax Preparation. It has a 66.93 P/E ratio. The Wealth Management segment offers an integrated platform of brokerage, investment advisory, and insurance services to financial advisors.

More news for Blucora, Inc. (NASDAQ:BCOR) were recently published by: Globenewswire.com, which released: “Blucora Announces First Quarter 2018 Results” on May 09, 2018. Seekingalpha.com‘s article titled: “Blucora, Inc. 2018 Q1 – Results – Earnings Call Slides” and published on May 09, 2018 is yet another important article.

Analysts await Blucora, Inc. (NASDAQ:BCOR) to report earnings on July, 26. They expect $0.77 earnings per share, up 14.93% or $0.10 from last year’s $0.67 per share. BCOR’s profit will be $36.17 million for 12.39 P/E if the $0.77 EPS becomes a reality. After $1.20 actual earnings per share reported by Blucora, Inc. for the previous quarter, Wall Street now forecasts -35.83% negative EPS growth.

More notable recent Interactive Brokers Group, Inc. (NASDAQ:IBKR) news were published by: Seekingalpha.com which released: “Tracking Allan Mecham’s Arlington Value Capital Portfolio – Q1 2018 Update” on May 26, 2018, also Seekingalpha.com with their article: “Emerging Value Capital Management Q1 – Howard Hughes Sold, Tesla Short Closed; New Long Positions” published on May 24, 2018, Streetinsider.com published: “Interactive Brokers (IBKR) April DARTs Increase 26%” on May 01, 2018. More interesting news about Interactive Brokers Group, Inc. (NASDAQ:IBKR) were released by: Streetinsider.com and their article: “Interactive Brokers Group (IBKR) PT Maintained at $75 at SunTrust Robinson Humphrey on April DARTs Increase …” published on May 01, 2018 as well as Globenewswire.com‘s news article titled: “Report: Developing Opportunities within Cboe Global Markets, Colgate-Palmolive, Conduent, Danaher, Jacobs …” with publication date: May 08, 2018.

Among 8 analysts covering Interactive Brokers Group (NASDAQ:IBKR), 2 have Buy rating, 2 Sell and 4 Hold. Therefore 25% are positive. Interactive Brokers Group had 30 analyst reports since September 1, 2015 according to SRatingsIntel. As per Thursday, May 12, the company rating was initiated by Buckingham Research. The firm earned “Sell” rating on Monday, January 8 by Goldman Sachs. The stock has “Buy” rating by Rosenblatt on Friday, April 6. The rating was downgraded by Wells Fargo to “Underperform” on Monday, April 3. The firm earned “Hold” rating on Tuesday, October 17 by Keefe Bruyette & Woods. Goldman Sachs initiated Interactive Brokers Group, Inc. (NASDAQ:IBKR) on Tuesday, October 6 with “Neutral” rating. The stock has “Outperform” rating by Keefe Bruyette & Woods on Thursday, December 8. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Wednesday, April 11. The rating was maintained by Keefe Bruyette & Woods on Thursday, August 17 with “Hold”. The stock has “Strong-Buy” rating by Zacks on Tuesday, September 1.

Since January 22, 2018, it had 0 insider purchases, and 1 insider sale for $2.01 million activity. Another trade for 32,000 shares valued at $2.01 million was sold by Nemser Earl H.

Interactive Brokers Group, Inc. (NASDAQ:IBKR) Institutional Positions Chart

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