Insider Selling: Cboe Global Markets, Inc. (NASDAQ:CBOE) EVP Sells 200 Shares of Stock

Cboe Global Markets, Inc. (NASDAQ:CBOE) EVP Adam Inzirillo sold 200 shares of the business’s stock in a transaction on Thursday, February 20th. The stock was sold at an average price of $209.67, for a total value of $41,934.00. Following the sale, the executive vice president now owns 1,993 shares of the company’s stock, valued at approximately $417,872.31. The trade was a 9.12 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Adam Inzirillo also recently made the following trade(s):

• On Monday, February 10th, Adam Inzirillo sold 80 shares of Cboe Global Markets stock. The stock was sold at an average price of $211.66, for a total value of $16,932.80.

Cboe Global Markets Price Performance

Shares of Cboe Global Markets stock opened at $210.93 on Friday. Cboe Global Markets, Inc. has a 1 year low of $166.13 and a 1 year high of $221.66. The stock has a 50-day simple moving average of $199.97. The company has a market capitalization of $22.08 billion, a P/E ratio of 29.21, a P/E/G ratio of 1.76 and a beta of 0.68. The company has a quick ratio of 1.39, a current ratio of 1.78 and a debt-to-equity ratio of 0.34.

Cboe Global Markets (NASDAQ:CBOE) last announced its quarterly earnings results on Friday, February 7th. The company reported $2.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.14 by ($0.04). Cboe Global Markets had a return on equity of 22.02% and a net margin of 18.64%. During the same period in the prior year, the company earned $2.06 earnings per share. On average, equities analysts anticipate that Cboe Global Markets, Inc. will post 8.96 EPS for the current fiscal year.

Cboe Global Markets Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 28th will be issued a $0.63 dividend. The ex-dividend date is Friday, February 28th. This represents a $2.52 annualized dividend and a dividend yield of 1.19%. Cboe Global Markets’s dividend payout ratio (DPR) is currently 34.90%.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on CBOE shares. JPMorgan Chase & Co. restated an “underweight” rating and set a $174.00 target price (down previously from $203.00) on shares of Cboe Global Markets in a research report on Tuesday, January 7th. Keefe, Bruyette & Woods dropped 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 report on Monday, January 13th. Barclays boosted their target price on Cboe Global Markets from $212.00 to $216.00 and gave the stock an “equal weight” rating in a research report on Monday, February 10th. StockNews.com upgraded Cboe Global Markets from a “sell” rating to a “hold” rating in a report on Thursday. Finally, Jefferies Financial Group dropped their price objective on Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating for the company in a report on Thursday, January 9th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $206.86.

Institutional Investors Weigh In On Cboe Global Markets

Several large investors have recently modified their holdings of CBOE. Erste Asset Management GmbH bought a new stake in shares of Cboe Global Markets in the third quarter worth about $11,191,000. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Cboe Global Markets during the third quarter worth about $158,000. Benjamin Edwards Inc. boosted its position in shares of Cboe Global Markets by 5,967.5% during the third quarter. Benjamin Edwards Inc. now owns 30,277 shares of the company’s stock worth $6,203,000 after buying an additional 29,778 shares during the period. Coastwise Capital Group LLC acquired a new position in shares of Cboe Global Markets during the third quarter worth about $216,000. Finally, Harmony Asset Management LLC acquired a new position in shares of Cboe Global Markets during the third quarter worth about $15,175,000. 82.67% of the stock is currently owned by institutional investors.

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.