Insider Selling: Cboe Global Markets, Inc. (BATS:CBOE) EVP Sells $203,566.00 in Stock

Cboe Global Markets, Inc. (BATS:CBOEGet Free Report) EVP Catherine R. Clay sold 1,100 shares of the stock in a transaction dated Thursday, May 9th. The stock was sold at an average price of $185.06, for a total transaction of $203,566.00. Following the completion of the transaction, the executive vice president now owns 4,656 shares of the company’s stock, valued at $861,639.36. The sale was disclosed in a document filed with the SEC, which is available through this link.

Cboe Global Markets Stock Performance

CBOE stock opened at $177.79 on Thursday. The company has a market cap of $18.86 billion, a P/E ratio of 91.64 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, Inc. has a 1 year low of $103.82 and a 1 year high of $139.00. The stock’s fifty day moving average price is $180.94 and its 200-day moving average price is $180.74.

Cboe Global Markets (BATS:CBOEGet Free Report) last announced its earnings results on Friday, May 3rd. The company reported $2.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.04 by $0.11. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%. The business had revenue of $502.10 million for the quarter, compared to analysts’ expectations of $504.80 million. During the same period last year, the firm posted $1.90 earnings per share. The business’s revenue for the quarter was up 6.5% on a year-over-year basis. On average, equities analysts forecast that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on CBOE. Rosenblatt Securities raised their target price on shares of Cboe Global Markets from $200.00 to $205.00 and gave the company a “buy” rating in a research note on Monday, May 6th. Oppenheimer reiterated an “outperform” rating and issued a $206.00 price target on shares of Cboe Global Markets in a research note on Monday, May 6th. Keefe, Bruyette & Woods restated a “market perform” rating and set a $197.00 price objective on shares of Cboe Global Markets in a research note on Thursday, April 4th. Morgan Stanley reiterated an “equal weight” rating and issued a $199.00 target price (down previously from $211.00) on shares of Cboe Global Markets in a research note on Tuesday, April 9th. Finally, Bank of America raised their price target on shares of Cboe Global Markets from $200.00 to $204.00 and gave the company a “buy” rating in a research report on Friday, April 19th. Seven investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, Cboe Global Markets has a consensus rating of “Hold” and a consensus target price of $191.00.

Check Out Our Latest Report on CBOE

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Ascent Group LLC increased its holdings in Cboe Global Markets by 891.8% in the 1st quarter. Ascent Group LLC now owns 11,554 shares of the company’s stock worth $2,123,000 after acquiring an additional 10,389 shares in the last quarter. Lazard Asset Management LLC increased its stake in shares of Cboe Global Markets by 42.3% in the first quarter. Lazard Asset Management LLC now owns 132,621 shares of the company’s stock worth $24,365,000 after purchasing an additional 39,404 shares in the last quarter. 1832 Asset Management L.P. raised its position in shares of Cboe Global Markets by 9.2% during the 1st quarter. 1832 Asset Management L.P. now owns 14,320 shares of the company’s stock valued at $2,631,000 after purchasing an additional 1,209 shares during the period. Quadrature Capital Ltd raised its position in shares of Cboe Global Markets by 15.8% during the 1st quarter. Quadrature Capital Ltd now owns 35,058 shares of the company’s stock valued at $6,431,000 after purchasing an additional 4,779 shares during the period. Finally, Canada Pension Plan Investment Board lifted its stake in shares of Cboe Global Markets by 72.0% during the 1st quarter. Canada Pension Plan Investment Board now owns 180,929 shares of the company’s stock valued at $33,242,000 after buying an additional 75,729 shares in the last quarter. 81.73% of the stock is currently owned by institutional investors.

Cboe Global Markets Company Profile

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for Cboe Global Markets (BATS:CBOE)

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