Cboe Global Markets, Inc. (NASDAQ:CBOE) EVP Sells $2,273,526.36 in Stock

Cboe Global Markets, Inc. (NASDAQ:CBOE) EVP Dave Howson sold 11,036 shares of Cboe Global Markets stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $206.01, for a total transaction of $2,273,526.36. Following the completion of the sale, the executive vice president now owns 8,025 shares of the company’s stock, valued at $1,653,230.25. This trade represents a 57.90 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Cboe Global Markets Trading Down 2.8 %

Shares of Cboe Global Markets stock opened at $202.33 on Friday. The company has a market cap of $21.18 billion, a price-to-earnings ratio of 27.57, a PEG ratio of 2.14 and a beta of 0.68. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 0.34. The firm’s 50 day moving average is $199.36. Cboe Global Markets, Inc. has a 1 year low of $166.13 and a 1 year high of $221.66.

Cboe Global Markets (NASDAQ:CBOE) last posted its earnings results on Friday, February 7th. The company reported $2.10 earnings per share 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 quarter in the prior year, the business earned $2.06 EPS. As a group, research analysts anticipate that Cboe Global Markets, Inc. will post 8.64 earnings per share for the current year.

Cboe Global Markets Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 28th will be issued a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a yield of 1.25%. The ex-dividend date of this dividend is Friday, February 28th. Cboe Global Markets’s payout ratio is 34.33%.

Wall Street Analyst Weigh In

Several equities analysts have commented on the stock. Barclays raised their target price on shares of Cboe Global Markets from $212.00 to $216.00 and gave the company an “equal weight” rating in a report on Monday, February 10th. JPMorgan Chase & Co. reissued an “underweight” rating and issued a $174.00 target price (down from $203.00) on shares of Cboe Global Markets in a report on Tuesday, January 7th. Keefe, Bruyette & Woods decreased their target price on shares of Cboe Global Markets from $220.00 to $215.00 and set a “market perform” rating on the stock in a report on Monday, January 13th. William Blair assumed coverage on shares of Cboe Global Markets in a report on Thursday, January 9th. They issued a “market perform” rating on the stock. Finally, The Goldman Sachs Group lowered shares of Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 target price on the stock. in a report on Monday, January 6th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $206.86.

Institutional Investors Weigh In On Cboe Global Markets

Institutional investors have recently added to or reduced their stakes in the business. Lee Danner & Bass Inc. bought a new stake in Cboe Global Markets during the 4th quarter worth approximately $29,000. Kestra Investment Management LLC acquired a new position in shares of Cboe Global Markets in the 4th quarter worth approximately $31,000. Sugar Maple Asset Management LLC acquired a new position in shares of Cboe Global Markets in the 4th quarter worth approximately $36,000. Generali Asset Management SPA SGR acquired a new position in shares of Cboe Global Markets in the 4th quarter worth approximately $37,000. Finally, Kohmann Bosshard Financial Services LLC acquired a new position in shares of Cboe Global Markets in the 4th quarter worth approximately $39,000. 82.67% of the stock is owned by institutional investors.

Cboe Global Markets Company Profile

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.