rts logo

New Big Money Means Cboe Global Markets Inc. (CBOE) Investors Could Reap Benefit

Cboe Global Markets Inc. (AMEX: CBOE) is 1.44% higher on its value in year-to-date trading and has touched a low of $120.28 and a high of $199.00 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CBOE stock was last observed hovering at around $183.50 in the last trading session, with the day’s loss setting it -2.37%.

Currently trading at $181.13, the stock is -4.29% and -2.14% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.86 million and changing -1.29% at the moment leaves the stock 11.23% off its SMA200. CBOE registered 45.36% gain for a year compared to 6-month gain of 19.46%. The firm has a 50-day simple moving average (SMA 50) of $5.34 and a 200-day simple moving average (SMA200) of $15.88.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The stock witnessed a -2.20% loss in the last 1 month and extending the period to 3 months gives it a 1.52%, and is -1.46% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.08% over the week and 2.16% over the month.

Cboe Global Markets Inc. (CBOE) has around 1647 employees, a market worth around $19.12B and $3.77B in sales. Current P/E ratio is 25.38 and Fwd P/E is 20.28. Profit margin for the company is 20.07%. Distance from 52-week low is 50.59% and -8.98% from its 52-week high. The company has generated returns on investments over the last 12 months (13.59%).

Cboe Global Markets Inc. quarterly earnings per share for the current quarter are estimated at $2.03 with sales reaching $505.56M over the same period.The EPS is expected to grow by 7.84% this year, but quarterly earnings will post 7.50% year-over-year. Quarterly sales are estimated to grow 7.20% in year-over-year returns.

1,051 institutions hold shares in Cboe Global Markets Inc. (CBOE), with institutional investors hold 85.23% of the company’s shares. The shares outstanding are 105.53M, and float is at 105.09M with Short Float at 1.53%. Institutions hold 84.84% of the Float.

The top institutional shareholder in the company is Vanguard Group Inc with over 12.81 million shares valued at $1.77 billion. The investor’s holdings represent 11.48% of the CBOE Shares outstanding. As of Jun 29, 2023, the second largest holder is Blackrock Inc. with 10.27 million shares valued at $1.42 billion to account for 9.20% of the shares outstanding. The other top investors are State Street Corporation which holds 4.65 million shares representing 4.17% and valued at over $642.08 million, while Geode Capital Management, LLC holds 2.19% of the shares totaling 2.44 million with a market value of $337.06 million.

Cboe Global Markets Inc. (CBOE) Insider Activity

The most recent transaction is an insider sale by Sexton John P, the company’s EVP, GC AND CORP SEC. SEC filings show that Sexton John P sold 6,968 shares of the company’s common stock on Mar 11 ’24 at a price of $185.00 per share for a total of $1.29 million. Following the sale, the insider now owns 16569.0 shares.

Cboe Global Markets Inc. disclosed in a document filed with the SEC on Mar 11 ’24 that Wilkinson Allen (SVP, CHIEF ACCOUNTING OFFICER) sold a total of 275 shares of the company’s common stock. The trade occurred on Mar 11 ’24 and was made at $184.94 per share for $50858.0. Following the transaction, the insider now directly holds 83.0 shares of the CBOE stock.

Still, SEC filings show that on Feb 20 ’24, Howson Dave (EVP, GLOBAL PRESIDENT) disposed off 5,322 shares at an average price of $186.96 for $1.0 million. The insider now directly holds 17,573 shares of Cboe Global Markets Inc. (CBOE).

Related Posts