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

Cboe Global Markets, Inc. (NASDAQ:CBOE) EVP Adam Inzirillo sold 80 shares of Cboe Global Markets 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 sale, the executive vice president now owns 1,218 shares of the company’s stock, valued at approximately $257,801.88. This trade represents a 6.16 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Cboe Global Markets Price Performance

Shares of NASDAQ:CBOE traded up $4.04 during midday trading on Wednesday, reaching $212.04. The company had a trading volume of 817,823 shares, compared to its average volume of 775,603. 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 company’s fifty day simple moving average is $199.40. The stock has a market cap of $22.20 billion, a PE ratio of 28.89, a P/E/G ratio of 2.14 and a beta of 0.68. Cboe Global Markets, Inc. has a one year low of $166.13 and a one year high of $221.66.

Cboe Global Markets (NASDAQ:CBOE) last released its earnings results on Friday, February 7th. The company reported $2.10 earnings per share for the quarter, missing the consensus estimate of $2.14 by ($0.04). Cboe Global Markets had a net margin of 19.65% and a return on equity of 22.33%. During the same quarter in the prior year, the business posted $2.06 EPS. As a group, sell-side analysts forecast that Cboe Global Markets, Inc. will post 8.64 earnings per share for the current year.

Cboe Global Markets Dividend Announcement

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 paid a dividend of $0.63 per share. The ex-dividend date is Friday, February 28th. This represents a $2.52 annualized dividend and a yield of 1.19%. Cboe Global Markets’s payout ratio is 34.33%.

Analyst Upgrades and Downgrades

CBOE has been the subject of a number of recent research reports. Jefferies Financial Group lowered their price target 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. JPMorgan Chase & Co. reiterated an “underweight” rating and set a $174.00 price target (down from $203.00) on shares of Cboe Global Markets in a report on Tuesday, January 7th. Keefe, Bruyette & Woods lowered their price target 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. The Goldman Sachs Group cut 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 research report on Monday, January 6th. Finally, StockNews.com raised shares of Cboe Global Markets from a “sell” rating to a “hold” rating in a research report on Tuesday. 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. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $206.86.

Institutional Trading of Cboe Global Markets

Several institutional investors have recently added to or reduced their stakes in the business. Geode Capital Management LLC increased its stake in Cboe Global Markets by 1.6% during the fourth quarter. Geode Capital Management LLC now owns 2,740,937 shares of the company’s stock valued at $535,994,000 after purchasing an additional 44,291 shares during the last quarter. HighPoint Advisor Group LLC increased its stake in Cboe Global Markets by 2.2% during the fourth quarter. HighPoint Advisor Group LLC now owns 7,394 shares of the company’s stock valued at $1,538,000 after purchasing an additional 156 shares during the last quarter. Summit Financial LLC increased its stake in Cboe Global Markets by 0.4% during the fourth quarter. Summit Financial LLC now owns 10,908 shares of the company’s stock valued at $2,131,000 after purchasing an additional 48 shares during the last quarter. Alliancebernstein L.P. grew its position in shares of Cboe Global Markets by 208.4% during the fourth quarter. Alliancebernstein L.P. now owns 7,685,489 shares of the company’s stock worth $1,501,745,000 after acquiring an additional 5,193,339 shares during the last quarter. Finally, Edmond DE Rothschild Holding S.A. grew its position in shares of Cboe Global Markets by 184.1% during the fourth quarter. Edmond DE Rothschild Holding S.A. now owns 32,093 shares of the company’s stock worth $6,271,000 after acquiring an additional 20,796 shares during the last quarter. Institutional investors own 82.67% of the company’s stock.

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.