Cboe Global Markets (NASDAQ:CBOE) CAO Sells $72,611.92 in Stock

Cboe Global Markets, Inc. (NASDAQ:CBOE) CAO Allen Wilkinson sold 248 shares of the stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $292.79, for a total value of $72,611.92. Following the completion of the transaction, the chief accounting officer owned 410 shares of the company’s stock, valued at approximately $120,043.90. This trade represents a 37.69% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Cboe Global Markets Stock Performance

Shares of CBOE stock opened at $299.72 on Friday. The company’s fifty day moving average price is $269.41 and its 200-day moving average price is $253.52. The stock has a market cap of $31.37 billion, a PE ratio of 41.51, a price-to-earnings-growth ratio of 1.75 and a beta of 0.36. The company has a current ratio of 1.78, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34. Cboe Global Markets, Inc. has a 12 month low of $200.88 and a 12 month high of $303.12.

Cboe Global Markets (NASDAQ:CBOE) last issued its quarterly earnings results on Friday, February 6th. The company reported $3.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.95 by $0.11. Cboe Global Markets had a net margin of 18.64% and a return on equity of 22.02%. During the same period last year, the business posted $2.10 earnings per share. The business’s revenue for the quarter was up 28.0% compared to the same quarter last year. On average, equities analysts expect that Cboe Global Markets, Inc. will post 8.96 EPS for the current fiscal year.

Analysts Set New Price Targets

CBOE has been the topic of a number of analyst reports. Keefe, Bruyette & Woods boosted their price target on Cboe Global Markets from $257.00 to $269.00 and gave the stock a “market perform” rating in a research report on Monday, November 3rd. TD Cowen reiterated a “hold” rating on shares of Cboe Global Markets in a research note on Wednesday, January 14th. Loop Capital set a $317.00 target price on Cboe Global Markets in a research note on Monday, February 9th. Morgan Stanley raised their price target on Cboe Global Markets from $221.00 to $240.00 and gave the company an “underweight” rating in a report on Monday, December 22nd. Finally, UBS Group reaffirmed a “neutral” rating and issued a $290.00 price target on shares of Cboe Global Markets in a research report on Monday, February 9th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $279.00.

Institutional Trading of Cboe Global Markets

A number of institutional investors and hedge funds have recently modified their holdings of the business. DGS Capital Management LLC raised its stake in shares of Cboe Global Markets by 28.8% in the fourth quarter. DGS Capital Management LLC now owns 1,193 shares of the company’s stock worth $299,000 after purchasing an additional 267 shares during the last quarter. Astoria Portfolio Advisors LLC. boosted its position in shares of Cboe Global Markets by 11.2% during the fourth quarter. Astoria Portfolio Advisors LLC. now owns 1,305 shares of the company’s stock valued at $328,000 after buying an additional 131 shares during the last quarter. Pacer Advisors Inc. increased its holdings in Cboe Global Markets by 36.6% in the 4th quarter. Pacer Advisors Inc. now owns 11,639 shares of the company’s stock worth $2,921,000 after buying an additional 3,119 shares in the last quarter. Virtu Financial LLC bought a new stake in Cboe Global Markets in the 4th quarter worth about $2,883,000. Finally, Sunbelt Securities Inc. raised its position in Cboe Global Markets by 18.6% in the 4th quarter. Sunbelt Securities Inc. now owns 912 shares of the company’s stock worth $229,000 after buying an additional 143 shares during the last quarter. Institutional investors own 82.67% of the company’s stock.

About Cboe Global Markets

Cboe Global Markets (NASDAQ: CBOE) is a global market infrastructure company that operates a family of exchanges and trading venues across listed derivatives, cash equities and foreign exchange. Its product suite includes options and futures markets, multiple U.S. equities exchanges, a derivatives exchange for volatility and other products, proprietary benchmark indexes (notably the Cboe Volatility Index, or VIX), market data and analytics, and trading technology and connectivity services. Cboe also provides market-access and order-routing tools used by broker-dealers, institutional investors and professional traders.

The company traces its roots to the Chicago Board Options Exchange, which was established in 1973 to create a centralized market for listed options; over the years the business expanded through organic growth and strategic acquisitions to become a multi-asset, multi-venue operator.