Insider Selling: Cboe Global Markets, Inc. (NASDAQ:CBOE) EVP Sells 80 Shares of Stock

Cboe Global Markets, Inc. (NASDAQ:CBOE) EVP Adam Inzirillo sold 80 shares of the company’s stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $211.66, for a total value of $16,932.80. Following the completion of the transaction, the executive vice president now directly owns 1,218 shares of the company’s stock, valued at approximately $257,801.88. This trade represents a 6.16 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Cboe Global Markets Price Performance

Shares of CBOE stock opened at $202.33 on Friday. Cboe Global Markets, Inc. has a 1 year low of $166.13 and a 1 year high of $221.66. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.39 and a current ratio of 1.39. The company’s 50 day moving average is $199.36. The stock has a market capitalization of $21.18 billion, a P/E ratio of 27.57, a PEG ratio of 2.14 and a beta of 0.68.

Cboe Global Markets (NASDAQ:CBOE) last issued its quarterly earnings data on Friday, February 7th. The company reported $2.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.14 by ($0.04). Cboe Global Markets had a net margin of 19.65% and a return on equity of 22.33%. During the same period in the previous year, the company earned $2.06 EPS. Equities research analysts expect that Cboe Global Markets, Inc. will post 8.64 EPS for the current year.

Cboe Global Markets Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 28th will be given a dividend of $0.63 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $2.52 dividend on an annualized basis and a yield of 1.25%. Cboe Global Markets’s dividend payout ratio (DPR) is presently 34.33%.

Institutional Investors Weigh In On Cboe Global Markets

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. raised its holdings in shares of Cboe Global Markets by 5.4% in the third quarter. JPMorgan Chase & Co. now owns 471,581 shares of the company’s stock worth $96,613,000 after buying an additional 24,177 shares during the period. Oak Harvest Investment Services purchased a new stake in shares of Cboe Global Markets in the fourth quarter worth approximately $977,000. Brentview Investment Management LLC purchased a new stake in shares of Cboe Global Markets in the fourth quarter worth approximately $3,278,000. Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of Cboe Global Markets by 40.3% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 24,180 shares of the company’s stock worth $4,750,000 after buying an additional 6,943 shares during the period. Finally, Covea Finance raised its holdings in shares of Cboe Global Markets by 283.2% in the fourth quarter. Covea Finance now owns 43,300 shares of the company’s stock worth $8,461,000 after buying an additional 32,000 shares during the period. 82.67% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on CBOE shares. StockNews.com raised Cboe Global Markets from a “sell” rating to a “hold” rating in a research note on Tuesday. Barclays upped their price objective on Cboe Global Markets from $212.00 to $216.00 and gave the stock an “equal weight” rating in a research note on Monday, February 10th. JPMorgan Chase & Co. reiterated an “underweight” rating and issued a $174.00 target price (down from $203.00) on shares of Cboe Global Markets in a research report on Tuesday, January 7th. Bank of America boosted their target price on Cboe Global Markets from $245.00 to $251.00 and gave the stock a “buy” rating in a research report on Monday, February 10th. Finally, Jefferies Financial Group decreased their target price on Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating on the stock in a research report on Thursday, January 9th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $206.86.

Cboe Global Markets Company Profile

Cboe Global Markets, Inc is one of the largest stock exchange operators by volume in the United States and a leading market globally for ETP trading. Cboe offers trading across a diverse range of products in multiple asset classes and geographies, including options, futures, U.S. and European equities, exchange-traded products (ETPs), global foreign exchange (FX) and multi-asset volatility products based on the VIX Index.