Insider Selling: Cboe Global Markets, Inc. (NASDAQ:CBOE) EVP Sells 11,036 Shares of Stock

Cboe Global Markets, Inc. (NASDAQ:CBOE - Get Free Report) EVP Dave Howson sold 11,036 shares of Cboe Global Markets stock in a transaction on Wednesday, February 12th. The shares were sold at an average price of $206.01, for a total value of $2,273,526.36. Following the transaction, the executive vice president now directly owns 8,025 shares of the company's stock, valued at approximately $1,653,230.25. The trade was a 57.90 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Cboe Global Markets Stock Up 1.3 %

CBOE stock traded up $2.62 during midday trading on Tuesday, reaching $204.95. The stock had a trading volume of 121,380 shares, compared to its average volume of 745,702. The business's fifty day moving average price is $199.38. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34. The company has a market capitalization of $21.46 billion, a price-to-earnings ratio of 27.92, a price-to-earnings-growth ratio of 2.14 and a beta of 0.68. Cboe Global Markets, Inc. has a twelve month low of $166.13 and a twelve month high of $221.66.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last announced its quarterly earnings data on Friday, February 7th. The company reported $2.10 EPS for the quarter, missing analysts' consensus estimates of $2.14 by ($0.04). Cboe Global Markets had a return on equity of 22.33% and a net margin of 19.65%. During the same period last year, the business earned $2.06 earnings per share. On average, equities analysts predict that Cboe Global Markets, Inc. will post 8.64 earnings per share for the current fiscal year.

Cboe Global Markets Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 28th will be given a dividend of $0.63 per share. The ex-dividend date is Friday, February 28th. This represents a $2.52 annualized dividend and a dividend yield of 1.23%. Cboe Global Markets's payout ratio is currently 34.33%.

Hedge Funds Weigh In On Cboe Global Markets

Several institutional investors have recently modified their holdings of the stock. New York Life Investment Management LLC grew its position in shares of Cboe Global Markets by 0.3% during the 4th quarter. New York Life Investment Management LLC now owns 15,531 shares of the company's stock worth $3,035,000 after buying an additional 48 shares during the period. Summit Financial LLC grew its position in shares of Cboe Global Markets by 0.4% during the 4th quarter. Summit Financial LLC now owns 10,908 shares of the company's stock worth $2,131,000 after buying an additional 48 shares during the period. Exencial Wealth Advisors LLC lifted its holdings in shares of Cboe Global Markets by 1.1% during the 4th quarter. Exencial Wealth Advisors LLC now owns 4,570 shares of the company's stock valued at $893,000 after purchasing an additional 50 shares in the last quarter. Inspire Advisors LLC lifted its holdings in shares of Cboe Global Markets by 1.6% during the 4th quarter. Inspire Advisors LLC now owns 3,127 shares of the company's stock valued at $611,000 after purchasing an additional 50 shares in the last quarter. Finally, Pinnacle Financial Partners Inc lifted its holdings in shares of Cboe Global Markets by 5.2% during the 4th quarter. Pinnacle Financial Partners Inc now owns 1,196 shares of the company's stock valued at $234,000 after purchasing an additional 59 shares in the last quarter. 82.67% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the company. Barclays raised their target price on Cboe Global Markets from $212.00 to $216.00 and gave the company an "equal weight" rating in a research note on Monday, February 10th. Bank of America raised their target price on Cboe Global Markets from $245.00 to $251.00 and gave the company a "buy" rating in a research note on Monday, February 10th. Keefe, Bruyette & Woods lowered their target price on Cboe Global Markets from $220.00 to $215.00 and set a "market perform" rating for the company in a research note on Monday, January 13th. Jefferies Financial Group lowered their target price on Cboe Global Markets from $212.00 to $190.00 and set a "hold" rating for the company in a research note on Thursday, January 9th. Finally, William Blair assumed coverage on Cboe Global Markets in a research note on Thursday, January 9th. They issued a "market perform" rating for the company. Two analysts have rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company's stock. According to data from MarketBeat.com, Cboe Global Markets presently has an average rating of "Hold" and an average price target of $206.86.

About Cboe Global Markets

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.