Insider Selling: Cboe Global Markets, Inc. (BATS:CBOE) EVP Sells 2,500 Shares of Stock

Cboe Global Markets, Inc. (BATS:CBOE) EVP Dave Howson sold 2,500 shares of Cboe Global Markets stock in a transaction dated Monday, July 22nd. The stock was sold at an average price of $186.67, for a total value of $466,675.00. Following the transaction, the executive vice president now owns 15,073 shares in the company, valued at $2,813,676.91. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Cboe Global Markets Stock Performance

CBOE opened at $186.78 on Friday. The business’s 50-day moving average price is $175.05 and its two-hundred day moving average price is $180.50. Cboe Global Markets, Inc. has a 1 year low of $103.82 and a 1 year high of $139.00. The company has a market capitalization of $19.81 billion, a price-to-earnings ratio of 96.28 and a beta of 0.61. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.21 and a quick ratio of 1.21.

Cboe Global Markets (BATS:CBOE) last released its earnings results on Friday, May 3rd. The company reported $2.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.04 by $0.11. The business had revenue of $502.10 million for the quarter, compared to the consensus estimate of $504.80 million. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%. Cboe Global Markets’s quarterly revenue was up 6.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.90 earnings per share. Equities analysts expect that Cboe Global Markets, Inc. will post 6.41 EPS for the current fiscal year.

Cboe Global Markets Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 14th. Investors of record on Friday, May 31st were given a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a dividend yield of 1.18%. The ex-dividend date of this dividend was Friday, May 31st. Cboe Global Markets’s dividend payout ratio is currently 98.97%.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. Keefe, Bruyette & Woods reiterated a “market perform” rating and set a $197.00 target price on shares of Cboe Global Markets in a report on Thursday, April 4th. Barclays reduced their target price on Cboe Global Markets from $215.00 to $194.00 and set an “overweight” rating on the stock in a report on Wednesday, July 10th. Rosenblatt Securities lifted their target price on Cboe Global Markets from $200.00 to $205.00 and gave the stock a “buy” rating in a report on Monday, May 6th. Bank of America lifted their target price on Cboe Global Markets from $200.00 to $204.00 and gave the stock a “buy” rating in a report on Friday, April 19th. Finally, Morgan Stanley reiterated an “equal weight” rating and set a $199.00 target price (down from $211.00) on shares of Cboe Global Markets in a report on Tuesday, April 9th. Six analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $189.09.

Institutional Trading of Cboe Global Markets

Hedge funds and other institutional investors have recently modified their holdings of the stock. FinTrust Capital Advisors LLC increased its position in shares of Cboe Global Markets by 170.0% in the first quarter. FinTrust Capital Advisors LLC now owns 135 shares of the company’s stock valued at $25,000 after acquiring an additional 85 shares during the last quarter. Optiver Holding B.V. acquired a new position in Cboe Global Markets during the fourth quarter worth approximately $29,000. Farmers & Merchants Trust Co of Chambersburg PA acquired a new position in Cboe Global Markets during the fourth quarter worth approximately $30,000. Allworth Financial LP increased its position in Cboe Global Markets by 75.3% during the fourth quarter. Allworth Financial LP now owns 170 shares of the company’s stock worth $30,000 after buying an additional 73 shares during the last quarter. Finally, ORG Partners LLC acquired a new position in Cboe Global Markets during the fourth quarter worth approximately $31,000. Institutional investors and hedge funds own 81.73% of the company’s stock.

Cboe Global Markets Company Profile

Cboe Global Markets, Inc, through its subsidiaries, operates as an options exchange worldwide. It operates through six segments: Options, North American Equities, Europe and Asia Pacific, Futures, Global FX, and Digital. The Options segment trades in listed market indices. The North American Equities segment trades in listed U.S.