Cboe Global Markets, Inc. (BATS:CBOE) EVP Sells $974,827.68 in Stock

Cboe Global Markets, Inc. (BATS:CBOE) EVP Dave Howson sold 5,073 shares of the stock in a transaction on Friday, August 2nd. The stock was sold at an average price of $192.16, for a total value of $974,827.68. Following the sale, the executive vice president now directly owns 7,573 shares in the company, valued at $1,455,227.68. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Dave Howson also recently made the following trade(s):

• On Thursday, July 25th, Dave Howson sold 2,392 shares of Cboe Global Markets stock. The stock was sold at an average price of $188.22, for a total transaction of $450,222.24.
• On Monday, July 22nd, Dave Howson sold 2,500 shares of Cboe Global Markets stock. The stock was sold at an average price of $186.67, for a total transaction of $466,675.00.

Cboe Global Markets Stock Performance

Shares of CBOE stock opened at $204.70 on Friday. The firm has a market capitalization of $21.71 billion, a price-to-earnings ratio of 105.52 and a beta of 0.61. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.60. The business’s 50-day moving average price is $177.23 and its 200-day moving average price is $181.22. Cboe Global Markets, Inc. has a 12 month low of $103.82 and a 12 month high of $139.00.

Cboe Global Markets (BATS:CBOE) last posted its earnings results on Friday, August 2nd. The company reported $2.15 EPS for the quarter, topping the consensus estimate of $2.10 by $0.05. The business had revenue of $513.80 million for the quarter, compared to the consensus estimate of $514.51 million. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. The firm’s revenue was up 10.0% compared to the same quarter last year. During the same period last year, the company earned $1.78 EPS. Equities research analysts forecast that Cboe Global Markets, Inc. will post 6.41 EPS for the current year.

Cboe Global Markets Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 14th. Investors of record on Friday, May 31st were issued a $0.55 dividend. The ex-dividend date was Friday, May 31st. This represents a $2.20 dividend on an annualized basis and a yield of 1.07%. Cboe Global Markets’s payout ratio is 98.97%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. FinTrust Capital Advisors LLC increased its stake in shares of Cboe Global Markets by 170.0% in the first quarter. FinTrust Capital Advisors LLC now owns 135 shares of the company’s stock valued at $25,000 after buying an additional 85 shares during the period. Optiver Holding B.V. acquired a new stake in Cboe Global Markets during the 4th quarter valued at approximately $29,000. Allworth Financial LP raised its holdings in Cboe Global Markets by 75.3% during the 4th quarter. Allworth Financial LP now owns 170 shares of the company’s stock worth $30,000 after purchasing an additional 73 shares during the last quarter. ORG Partners LLC acquired a new position in shares of Cboe Global Markets in the 2nd quarter worth approximately $30,000. Finally, Redmont Wealth Advisors LLC bought a new stake in shares of Cboe Global Markets in the 1st quarter valued at $42,000. 81.73% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have recently weighed in on CBOE shares. Piper Sandler reaffirmed an “overweight” rating and set a $210.00 price target (up previously from $203.00) on shares of Cboe Global Markets in a report on Monday. Oppenheimer raised their target price on Cboe Global Markets from $199.00 to $209.00 and gave the company an “outperform” rating in a report on Monday. JPMorgan Chase & Co. raised Cboe Global Markets from an “underweight” rating to a “neutral” rating and boosted their price target for the stock from $168.00 to $195.00 in a report on Monday. Barclays upped their price objective on Cboe Global Markets from $194.00 to $218.00 and gave the stock an “overweight” rating in a research report on Monday. Finally, Rosenblatt Securities lifted their target price on Cboe Global Markets from $200.00 to $205.00 and gave the company a “buy” rating in a research report on Monday, May 6th. Seven investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $193.33.

About Cboe Global Markets

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.