Versant Capital Management Inc Grows Stock Position in Cboe Global Markets, Inc. $CBOE

Versant Capital Management Inc raised its position in shares of Cboe Global Markets, Inc. (BATS:CBOE) by 634.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,002 shares of the company’s stock after acquiring an additional 2,593 shares during the period. Versant Capital Management Inc’s holdings in Cboe Global Markets were worth $826,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Oregon Public Employees Retirement Fund increased its position in Cboe Global Markets by 0.3% in the first quarter. Oregon Public Employees Retirement Fund now owns 11,993 shares of the company’s stock worth $3,371,000 after purchasing an additional 33 shares during the last quarter. SHUTTLEWORTH & Co lifted its position in Cboe Global Markets by 0.5% during the fourth quarter. SHUTTLEWORTH & Co now owns 8,339 shares of the company’s stock valued at $2,093,000 after purchasing an additional 41 shares during the last quarter. Arkadios Wealth Advisors grew its stake in shares of Cboe Global Markets by 4.7% in the 1st quarter. Arkadios Wealth Advisors now owns 905 shares of the company’s stock worth $254,000 after buying an additional 41 shares in the last quarter. Centaurus Financial Inc. grew its stake in shares of Cboe Global Markets by 1.0% in the 1st quarter. Centaurus Financial Inc. now owns 4,048 shares of the company’s stock worth $1,138,000 after buying an additional 42 shares in the last quarter. Finally, Root Financial Partners LLC increased its holdings in shares of Cboe Global Markets by 19.6% in the 1st quarter. Root Financial Partners LLC now owns 281 shares of the company’s stock worth $79,000 after buying an additional 46 shares during the last quarter. 81.73% of the stock is currently owned by institutional investors.

Cboe Global Markets News Roundup

Here are the key news stories impacting Cboe Global Markets this week:

• Positive Sentiment: New Robinhood partnership broadens retail reach: Cboe plans to launch KPI binary contracts with Robinhood, initially linking contract outcomes to corporate earnings. The products could increase trading activity, generate transaction and clearing revenue, and strengthen Cboe’s position in prediction markets. Cboe and Robinhood Announce Planned Launch of New KPI Contracts
• Positive Sentiment: SPX licensing rights extended through 2051: Cboe and S&P Dow Jones Indices extended the agreement supporting Cboe’s exclusive listing of SPX index options. The long-term deal protects a key, highly valuable product franchise and could eventually support tokenized options and other digital-market applications. Cboe Global Markets Extends SPX Rights Through 2051
• Positive Sentiment: Potential expansion into crypto volatility products: Cboe is reportedly evaluating VIX perpetual futures, which could appeal to crypto traders seeking continuous volatility exposure. While still an exploratory initiative, the product could connect Cboe’s established volatility expertise with the rapidly expanding digital-asset market. Cboe Global Markets Eyes VIX Perpetual Futures
• Neutral Sentiment: Upcoming earnings could drive the next move: Recent coverage highlights the scheduled third-quarter results, making execution, trading volumes and management commentary important near-term catalysts. Cboe previously exceeded quarterly earnings and revenue expectations, but investors will look for continued growth.
• Negative Sentiment: Valuation and estimate-revision risks remain: Analysts note that the stock’s elevated valuation leaves less room for disappointment, while recent earnings-estimate trends may limit further near-term gains. The company’s reported price-to-earnings ratio is approximately 143, increasing sensitivity to weaker guidance or slower adoption of new products. CBOE Surges: Is This an Indication of Further Gains?

Analyst Ratings Changes

Several brokerages have recently issued reports on CBOE. TD Cowen upped their target price on shares of Cboe Global Markets from $304.00 to $315.00 and gave the company a “hold” rating in a research report on Monday, August 3rd. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Cboe Global Markets in a research note on Monday, August 3rd. Wells Fargo & Company set a $301.00 price objective on Cboe Global Markets in a research report on Thursday. Barclays raised their price objective on Cboe Global Markets from $347.00 to $354.00 and gave the company an “overweight” rating in a research note on Monday, August 3rd. Finally, Loop Capital set a $380.00 target price on Cboe Global Markets in a report on Monday, August 3rd. Three investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, Cboe Global Markets currently has a consensus rating of “Hold” and an average price target of $314.00.

Cboe Global Markets Stock Performance

Cboe Global Markets stock opened at $277.19 on Friday. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.21 and a quick ratio of 1.21. The firm has a market capitalization of $29.40 billion, a P/E ratio of 142.88 and a beta of 0.61. Cboe Global Markets, Inc. has a 1-year low of $227.15 and a 1-year high of $371.18. The company’s 50-day moving average is $288.23 and its 200 day moving average is $292.70.

Cboe Global Markets (BATS:CBOE) last issued its quarterly earnings data on Friday, July 31st. The company reported $3.56 EPS for the quarter, topping analysts’ consensus estimates of $3.49 by $0.07. The company had revenue of $731.60 million during the quarter, compared to the consensus estimate of $716.61 million. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. Cboe Global Markets’s revenue for the quarter was up 24.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.46 earnings per share. Research analysts forecast that Cboe Global Markets, Inc. will post 6.41 EPS for the current year.

Cboe Global Markets Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st were paid a $0.86 dividend. This represents a $3.44 annualized dividend and a yield of 1.2%. This is a positive change from Cboe Global Markets’s previous quarterly dividend of $0.72. The ex-dividend date was Monday, August 31st. Cboe Global Markets’s payout ratio is 98.97%.

Insider Transactions at Cboe Global Markets

In other news, Director Janet Froetscher sold 937 shares of the company’s stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $278.95, for a total transaction of $261,376.15. Following the transaction, the director directly owned 12,870 shares of the company’s stock, valued at approximately $3,590,086.50. This represents a 6.79% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.51% of the company’s stock.

Cboe Global Markets Profile

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. and Canadian equities. This segment also offers exchange-traded products (ETP) transaction and listing services. The Europe and Asia Pacific segment provides pan-European listed equities and derivatives transaction services, ETPs, exchange-traded commodities, and international depository receipts, as well as ETP listings and clearing services.