Cboe Global Markets, Inc. (NASDAQ:CBOE) EVP Adam Inzirillo Sells 80 Shares of Stock

Cboe Global Markets, Inc. (NASDAQ:CBOE) EVP Adam Inzirillo sold 80 shares of the business’s stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $211.66, for a total transaction of $16,932.80. Following the completion of the transaction, the executive vice president now owns 1,218 shares of the company’s stock, valued at $257,801.88. This represents a 6.16 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Cboe Global Markets Stock Performance

Shares of CBOE stock opened at $212.04 on Thursday. Cboe Global Markets, Inc. has a fifty-two week low of $166.13 and a fifty-two week high of $221.66. The stock has a market capitalization of $22.20 billion, a price-to-earnings ratio of 28.89, a price-to-earnings-growth ratio of 2.14 and a beta of 0.68. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.39 and a quick ratio of 1.39. The business’s 50-day simple moving average is $199.40.

Cboe Global Markets (NASDAQ:CBOE) last issued its quarterly 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 period in the previous year, the business posted $2.06 EPS. As a group, equities analysts forecast that Cboe Global Markets, Inc. will post 8.64 earnings per share for the current year.

Cboe Global Markets Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be given a $0.63 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $2.52 dividend on an annualized basis and a yield of 1.19%. Cboe Global Markets’s dividend payout ratio is currently 34.33%.

Institutional Investors Weigh In On Cboe Global Markets

A number of large investors have recently bought and sold shares of CBOE. Erste Asset Management GmbH purchased a new stake in Cboe Global Markets in the third quarter valued at approximately $11,191,000. Point72 Asia Singapore Pte. Ltd. purchased a new stake in Cboe Global Markets in the third quarter valued at approximately $158,000. Benjamin Edwards Inc. boosted its position in Cboe Global Markets by 5,967.5% in the 3rd quarter. Benjamin Edwards Inc. now owns 30,277 shares of the company’s stock worth $6,203,000 after purchasing an additional 29,778 shares in the last quarter. Coastwise Capital Group LLC purchased a new stake in Cboe Global Markets in the 3rd quarter worth approximately $216,000. Finally, Harmony Asset Management LLC purchased a new stake in Cboe Global Markets in the 3rd quarter worth approximately $15,175,000. Hedge funds and other institutional investors own 82.67% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have commented on CBOE. StockNews.com upgraded shares of Cboe Global Markets from a “sell” rating to a “hold” rating in a report on Tuesday. Jefferies Financial Group reduced their target price on shares of Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating for the company in a report on Thursday, January 9th. Oppenheimer reduced their target price on shares of Cboe Global Markets from $232.00 to $218.00 and set an “outperform” rating for the company in a report on Monday, January 13th. Keefe, Bruyette & Woods reduced their target price on shares of Cboe Global Markets from $220.00 to $215.00 and set a “market perform” rating for the company in a report on Monday, January 13th. Finally, The Goldman Sachs Group downgraded shares of Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 target price for the company. in a report on Monday, January 6th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat, Cboe Global Markets currently has a consensus rating of “Hold” and a consensus target price of $206.86.

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.