Adam Inzirillo Sells 200 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) Stock

Cboe Global Markets, Inc. (NASDAQ:CBOE) EVP Adam Inzirillo sold 200 shares of Cboe Global Markets stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of $209.67, for a total value of $41,934.00. Following the completion of the sale, the executive vice president now owns 1,993 shares of the company’s stock, valued at $417,872.31. This trade represents a 9.12 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Adam Inzirillo also recently made the following trade(s):

• On Monday, February 10th, Adam Inzirillo sold 80 shares of Cboe Global Markets stock. The stock was sold at an average price of $211.66, for a total transaction of $16,932.80.

Cboe Global Markets Trading Up 1.0 %

Shares of CBOE stock opened at $210.93 on Friday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.39 and a current ratio of 1.78. The stock has a market cap of $22.08 billion, a P/E ratio of 29.21, a PEG ratio of 1.75 and a beta of 0.68. The company has a fifty day simple moving average of $199.97. Cboe Global Markets, Inc. has a 52 week low of $166.13 and a 52 week high of $221.66.

Cboe Global Markets (NASDAQ:CBOE) last announced its quarterly earnings results on Friday, February 7th. The company reported $2.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.14 by ($0.04). 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 company earned $2.06 earnings per share. Equities research analysts expect that Cboe Global Markets, Inc. will post 8.96 EPS for the current fiscal year.

Cboe Global Markets Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be issued a dividend of $0.63 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $2.52 annualized dividend and a dividend yield of 1.19%. Cboe Global Markets’s payout ratio is currently 34.90%.

Analyst Upgrades and Downgrades

Several brokerages recently commented on CBOE. JPMorgan Chase & Co. reaffirmed an “underweight” rating and set a $174.00 price target (down previously from $203.00) on shares of Cboe Global Markets in a research report on Tuesday, January 7th. Oppenheimer lowered their price objective on shares of Cboe Global Markets from $232.00 to $218.00 and set an “outperform” rating for the company in a research note on Monday, January 13th. The Goldman Sachs Group lowered 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. William Blair began coverage on Cboe Global Markets in a report on Thursday, January 9th. They issued a “market perform” rating on the stock. Finally, Jefferies Financial Group dropped their price target on Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating for the company in a research note on Thursday, January 9th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have given a buy rating to the company. According to MarketBeat, Cboe Global Markets has an average rating of “Hold” and a consensus target price of $206.86.

Hedge Funds Weigh In On Cboe Global Markets

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

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.