Cboe Global Markets, Inc. (BATS:CBOE) Shares Sold by Innovis Asset Management LLC

Innovis Asset Management LLC lessened its holdings in Cboe Global Markets, Inc. (BATS:CBOEFree Report) by 0.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 50,706 shares of the company’s stock after selling 285 shares during the quarter. Cboe Global Markets makes up approximately 3.1% of Innovis Asset Management LLC’s holdings, making the stock its 4th biggest holding. Innovis Asset Management LLC’s holdings in Cboe Global Markets were worth $7,921,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Heartland Bank & Trust Co grew its position in Cboe Global Markets by 1.5% during the third quarter. Heartland Bank & Trust Co now owns 4,355 shares of the company’s stock worth $680,000 after buying an additional 66 shares in the last quarter. Moors & Cabot Inc. increased its position in Cboe Global Markets by 2.3% in the 3rd quarter. Moors & Cabot Inc. now owns 3,305 shares of the company’s stock valued at $516,000 after acquiring an additional 75 shares during the period. U.S. Capital Wealth Advisors LLC lifted its holdings in Cboe Global Markets by 1.5% during the 3rd quarter. U.S. Capital Wealth Advisors LLC now owns 5,123 shares of the company’s stock worth $800,000 after buying an additional 76 shares during the period. Quadrant Capital Group LLC lifted its stake in shares of Cboe Global Markets by 27.4% in the second quarter. Quadrant Capital Group LLC now owns 363 shares of the company’s stock worth $50,000 after acquiring an additional 78 shares during the period. Finally, Inspire Investing LLC increased its stake in shares of Cboe Global Markets by 2.8% in the 2nd quarter. Inspire Investing LLC now owns 2,884 shares of the company’s stock valued at $398,000 after acquiring an additional 79 shares in the last quarter. 81.73% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on CBOE shares. Citigroup lifted their price objective on shares of Cboe Global Markets from $170.00 to $188.00 and gave the stock a “neutral” rating in a report on Friday, January 12th. Oppenheimer upped their price objective on Cboe Global Markets from $201.00 to $206.00 and gave the company an “outperform” rating in a research note on Monday. Rosenblatt Securities boosted their target price on Cboe Global Markets from $192.00 to $200.00 and gave the company a “buy” rating in a research note on Monday. Barclays decreased their price objective on Cboe Global Markets from $204.00 to $200.00 and set an “overweight” rating for the company in a report on Monday. Finally, Piper Sandler boosted their price target on shares of Cboe Global Markets from $177.00 to $193.00 and gave the company an “overweight” rating in a research report on Tuesday, November 21st. Five analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $183.78.

View Our Latest Analysis on CBOE

Insider Buying and Selling

In other news, EVP Catherine R. Clay sold 1,300 shares of Cboe Global Markets stock in a transaction that occurred on Friday, November 24th. The stock was sold at an average price of $179.62, for a total value of $233,506.00. Following the completion of the transaction, the executive vice president now owns 4,214 shares in the company, valued at approximately $756,918.68. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 0.51% of the stock is currently owned by company insiders.

Cboe Global Markets Trading Down 0.2 %

Shares of CBOE stock traded down $0.30 during trading hours on Friday, reaching $184.16. The company’s stock had a trading volume of 547,280 shares, compared to its average volume of 636,231. The firm’s fifty day simple moving average is $179.85 and its 200 day simple moving average is $165.93. Cboe Global Markets, Inc. has a one year low of $103.82 and a one year high of $139.00. The stock has a market capitalization of $19.53 billion, a P/E ratio of 95.04 and a beta of 0.61. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.60.

Cboe Global Markets (BATS:CBOEGet Free Report) last announced its earnings results on Friday, February 2nd. The company reported $2.06 EPS for the quarter, topping analysts’ consensus estimates of $2.04 by $0.02. The company had revenue of $499.00 million for the quarter, compared to analysts’ expectations of $510.65 million. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%. During the same period last year, the firm earned $1.80 EPS. Cboe Global Markets’s revenue for the quarter was up 9.2% compared to the same quarter last year. Equities research analysts expect that Cboe Global Markets, Inc. will post 6.41 EPS for the current year.

Cboe Global Markets declared that its board has initiated a share repurchase plan on Thursday, October 26th that allows the company to buyback $250.00 million in shares. This buyback authorization allows the company to repurchase up to 1.4% of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s board of directors believes its stock is undervalued.

Cboe Global Markets Company Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Cboe Global Markets (BATS:CBOE)

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