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Cboe Global Markets Inc. (CBOE) Volatility At 1.53%, Should You Add A Position?

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Cboe Global Markets Inc. (AMEX: CBOE) is 17.49% higher on its value in year-to-date trading and has touched a low of $148.00 and a high of $207.16 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 $206.93 in the last trading session, with the day’s gains setting it 2.86%.

Currently trading at $209.79, the stock is 6.40% and 14.77% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.64 million and changing 1.38% at the moment leaves the stock 15.67% off its SMA200. CBOE registered 40.06% gain for a year compared to 6-month loss of 7.30%.

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The stock witnessed a 13.30% gain in the last 1 month and extending the period to 3 months gives it a 14.02%, and is 4.38% up 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 1.53% over the week and 2.46% over the month.

Cboe Global Markets Inc. (CBOE) has around 1647 employees, a market worth around $21.95B and $3.81B in sales. Current P/E ratio is 29.03 and Fwd P/E is 22.99. Profit margin for the company is 20.11%. Distance from 52-week low is 41.75% and 1.27% from its 52-week high. The company has generated returns on investments over the last 12 months (13.71%).

Cboe Global Markets Inc. quarterly earnings per share for the current quarter are estimated at 2.16 with sales reaching $525.41M over the same period.The EPS is expected to grow by 10.64% this year, but quarterly earnings will post 8.30% year-over-year. Quarterly sales are estimated to grow 9.30% in year-over-year returns.

1098.0 institutions hold shares in Cboe Global Markets Inc. (CBOE), with institutional investors hold 86.85% of the company’s shares. The shares outstanding are 105.53M, and float is at 103.99M with Short Float at 2.10%. Institutions hold 86.48% of the Float.

The top institutional shareholder in the company is VANGUARD GROUP INC with over 12.57 million shares valued at $2.14 billion. The investor’s holdings represent 11.9062 of the CBOE Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 9.78 million shares valued at $1.66 billion to account for 9.2649 of the shares outstanding. The other top investors are STATE STREET CORP which holds 4.91 million shares representing 4.654 and valued at over $835.78 million, while T. ROWE PRICE INVESTMENT MANAGEMENT, INC. holds 3.2401 of the shares totaling 3.42 million with a market value of $581.87 million.

Cboe Global Markets Inc. (CBOE) Insider Activity

Cboe Global Markets Inc. disclosed in a document filed with the SEC on Aug 07 ’24 that Clay Catherine R (EVP, GLOBAL DERIVATIVES) sold a total of 600 shares of the company’s common stock. The trade occurred on Aug 07 ’24 and was made at $203.23 per share for $0.12 million. Following the transaction, the insider now directly holds 4328.0 shares of the CBOE stock.

Still, SEC filings show that on Aug 07 ’24, Clay Catherine R (Officer) Proposed Sale 600 shares at an average price of $203.23 for $0.12 million. The insider now directly holds shares of Cboe Global Markets Inc. (CBOE).

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