Insider Selling: Cboe Global Markets Inc (CBOE) Director Sells 1,000 Shares of Stock

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Cboe Global Markets Inc (NASDAQ:CBOE) Director Frank E. Jr. English sold 1,000 shares of the company’s stock in a transaction that occurred on Monday, November 5th. The stock was sold at an average price of $113.55, for a total value of $113,550.00. Following the transaction, the director now directly owns 3,137 shares in the company, valued at $356,206.35. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

Shares of Cboe Global Markets stock traded down $1.21 on Wednesday, hitting $111.23. The company had a trading volume of 748,521 shares, compared to its average volume of 1,134,833. Cboe Global Markets Inc has a 1 year low of $91.10 and a 1 year high of $138.54.

Cboe Global Markets (NASDAQ:CBOE) last issued its quarterly earnings data on Friday, November 2nd. The financial services provider reported $1.06 EPS for the quarter, topping the consensus estimate of $1.01 by $0.05. The company had revenue of $270.50 million during the quarter, compared to analysts’ expectations of $269.08 million. The business’s revenue for the quarter was up .3% compared to the same quarter last year. During the same period last year, the company earned $0.89 earnings per share.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 14th. Stockholders of record on Friday, November 30th will be paid a $0.31 dividend. This represents a $1.24 annualized dividend and a dividend yield of 1.11%. The ex-dividend date is Thursday, November 29th.

A number of research analysts recently weighed in on CBOE shares. Raymond James dropped their price target on Cboe Global Markets from $115.00 to $112.00 and set an “outperform” rating on the stock in a research note on Friday, October 5th. BidaskClub raised Cboe Global Markets from a “sell” rating to a “hold” rating in a research note on Wednesday, September 12th. Rosenblatt Securities initiated coverage on Cboe Global Markets in a research note on Wednesday, September 5th. They issued a “buy” rating and a $115.00 price objective for the company. Jefferies Financial Group reissued a “hold” rating and issued a $105.00 price objective on shares of Cboe Global Markets in a research note on Sunday, July 15th. Finally, Zacks Investment Research raised Cboe Global Markets from a “hold” rating to a “buy” rating and set a $108.00 price objective for the company in a research note on Wednesday, October 3rd. Nine analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Cboe Global Markets has a consensus rating of “Hold” and an average price target of $116.29.

Several hedge funds have recently added to or reduced their stakes in CBOE. Braun Bostich & Associates Inc. grew its holdings in shares of Cboe Global Markets by 1,391.0% in the second quarter. Braun Bostich & Associates Inc. now owns 999 shares of the financial services provider’s stock valued at $104,000 after acquiring an additional 932 shares in the last quarter. Piedmont Investment Advisors LLC bought a new position in shares of Cboe Global Markets in the second quarter valued at approximately $133,000. Dupont Capital Management Corp grew its holdings in shares of Cboe Global Markets by 65.8% in the second quarter. Dupont Capital Management Corp now owns 1,529 shares of the financial services provider’s stock valued at $159,000 after acquiring an additional 607 shares in the last quarter. Commonwealth Equity Services LLC bought a new position in shares of Cboe Global Markets in the second quarter valued at approximately $202,000. Finally, Redpoint Investment Management Pty Ltd bought a new position in shares of Cboe Global Markets in the second quarter valued at approximately $216,000. 81.98% of the stock is owned by institutional investors.

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About Cboe Global Markets

Cboe Global Markets, Inc, through its subsidiaries, operates as an options exchange in the United States. The company operates in five segments: Options, U.S. Equities, Futures, European Equities, and Global FX. The Options segment trades in listed market indexes. The U.S. Equities segment trades in listed cash equities; and provides exchange-traded products (ETP) transaction and ETP listing services.

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Insider Buying and Selling by Quarter for Cboe Global Markets (NASDAQ:CBOE)

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