Cboe Global Markets (NASDAQ:CBOE) CAO Allen Wilkinson Sells 248 Shares

Cboe Global Markets, Inc. (NASDAQ:CBOE) CAO Allen Wilkinson sold 248 shares of Cboe Global Markets stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $292.79, for a total value of $72,611.92. Following the completion of the sale, the chief accounting officer directly owned 410 shares in the company, valued at approximately $120,043.90. This represents a 37.69% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

Cboe Global Markets Stock Performance

Shares of CBOE traded up $1.06 during midday trading on Thursday, reaching $292.33. The stock had a trading volume of 183,904 shares, compared to its average volume of 878,096. The company has a current ratio of 1.78, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34. The firm has a 50 day simple moving average of $267.49 and a 200-day simple moving average of $252.92. The firm has a market cap of $30.59 billion, a PE ratio of 40.49, a P/E/G ratio of 1.75 and a beta of 0.36. Cboe Global Markets, Inc. has a one year low of $200.88 and a one year high of $295.00.

Cboe Global Markets (NASDAQ:CBOE) last issued its quarterly earnings data on Friday, February 6th. The company reported $3.06 earnings per share for the quarter, beating the consensus estimate of $2.95 by $0.11. 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 firm earned $2.10 EPS. Cboe Global Markets’s revenue was up 28.0% compared to the same quarter last year. As a group, sell-side analysts anticipate that Cboe Global Markets, Inc. will post 8.96 EPS for the current year.

Institutional Investors Weigh In On Cboe Global Markets

A number of institutional investors have recently modified their holdings of CBOE. Sound Income Strategies LLC grew its holdings in Cboe Global Markets by 102.2% during the 4th quarter. Sound Income Strategies LLC now owns 91 shares of the company’s stock worth $25,000 after acquiring an additional 46 shares during the period. University of Texas Texas AM Investment Management Co. bought a new stake in shares of Cboe Global Markets during the fourth quarter worth about $26,000. Headlands Technologies LLC bought a new position in Cboe Global Markets in the 2nd quarter valued at about $31,000. Twin Peaks Wealth Advisors LLC acquired a new position in Cboe Global Markets during the 2nd quarter valued at about $33,000. Finally, Physician Wealth Advisors Inc. raised its stake in shares of Cboe Global Markets by 70.5% in the third quarter. Physician Wealth Advisors Inc. now owns 133 shares of the company’s stock worth $33,000 after purchasing an additional 55 shares during the last quarter. 82.67% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on CBOE shares. Royal Bank Of Canada reiterated a “sector perform” rating and set a $303.00 price objective on shares of Cboe Global Markets in a research report on Monday, February 9th. UBS Group restated a “neutral” rating and set a $290.00 target price on shares of Cboe Global Markets in a research report on Monday, February 9th. Piper Sandler increased their price target on Cboe Global Markets from $290.00 to $295.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 14th. Barclays upped their price objective on shares of Cboe Global Markets from $295.00 to $317.00 and gave the stock an “overweight” rating in a research report on Monday, February 9th. Finally, Loop Capital set a $317.00 target price on shares of Cboe Global Markets in a research report on Monday, February 9th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Cboe Global Markets currently has a consensus rating of “Hold” and an average target price of $279.00.

About Cboe Global Markets

Cboe Global Markets (NASDAQ: CBOE) is a global market infrastructure company that operates a family of exchanges and trading venues across listed derivatives, cash equities and foreign exchange. Its product suite includes options and futures markets, multiple U.S. equities exchanges, a derivatives exchange for volatility and other products, proprietary benchmark indexes (notably the Cboe Volatility Index, or VIX), market data and analytics, and trading technology and connectivity services. Cboe also provides market-access and order-routing tools used by broker-dealers, institutional investors and professional traders.

The company traces its roots to the Chicago Board Options Exchange, which was established in 1973 to create a centralized market for listed options; over the years the business expanded through organic growth and strategic acquisitions to become a multi-asset, multi-venue operator.