IG Group Holdings (IGG)

Sector:

Financials

Index:

FTSE 250

1,107.00p
   
  • Change Today:
      3.00p
  • 52 Week High: 1,153.00p
  • 52 Week Low: 890.50p
  • Currency: UK Pounds
  • Shares Issued: 348.46m
  • Volume: 135,270
  • Market Cap: £3,857.40m
  • RiskGrade: 149

Tastytrade co-founders Sosnoff and Sheridan sell 6.5m shares in IG Group

By Michele Maatouk

Date: Thursday 29 Aug 2024

LONDON (ShareCast) - (Sharecast News) - Jefferies said late on Wednesday that Tom Sosnoff and Scott Sheridan had sold 6.5m IG Group shares in a placing to a limited number of institutional investors.
The placing represents around 1.8% of the existing share capital in the company.

Jefferies acted as sold global coordinator and sole bookrunner in connection with the placing, settlement of which is expected to take place on 2 September.

IG will not receive any proceeds from the placing.

Sosnoff and Sheridan were co-founders of US online brokerage and trading education platform Tastytrade, which was acquired by IG in 2021 for $1bn.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

IGG Market Data

Currency UK Pounds
Share Price 1,107.00p
Change Today 3.00p
% Change 0.27 %
52 Week High 1,153.00p
52 Week Low 890.50p
Volume 135,270
Shares Issued 348.46m
Market Cap £3,857.40m
RiskGrade 149

IGG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
35.74% below the market average35.74% below the market average35.74% below the market average35.74% below the market average35.74% below the market average
51.02% below the sector average51.02% below the sector average51.02% below the sector average51.02% below the sector average51.02% below the sector average
Price Trend
75.78% above the market average75.78% above the market average75.78% above the market average75.78% above the market average75.78% above the market average
58.42% above the sector average58.42% above the sector average58.42% above the sector average58.42% above the sector average58.42% above the sector average
Income
55.31% above the market average55.31% above the market average55.31% above the market average55.31% above the market average55.31% above the market average
3.45% below the sector average3.45% below the sector average3.45% below the sector average3.45% below the sector average3.45% below the sector average
Growth
8.87% above the market average8.87% above the market average8.87% above the market average8.87% above the market average8.87% above the market average
7.53% above the sector average7.53% above the sector average7.53% above the sector average7.53% above the sector average7.53% above the sector average

What The Brokers Say

Strong Buy 3
Buy 2
Neutral 4
Sell 0
Strong Sell 0
Total 9
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

IGG Dividends

  Latest Previous
  Final Interim
Ex-Div 18-Sep-25 30-Jan-25
Paid 16-Oct-25 03-Mar-25
Amount 33.34p 13.86p

Trades for 03-Sep-2025

Time Volume / Share Price
13:04 0 @ 1,108.00p
13:02 325 @ 1,107.50p
13:02 0 @ 1,108.00p
13:00 6 @ 1,108.00p
13:00 1,487 @ 1,107.00p

IGG Key Personnel

Chair Robert Michael McTighe
CEO Breon Corcoran
CFO Clifford Abrahams

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