Cboe Global Markets (CBOE:CBOE) Hits New 52-Week High at $120.67

Cboe Global Markets Inc (CBOE:CBOE) shares hit a new 52-week high on Tuesday . The company traded as high as $120.67 and last traded at $119.31, with a volume of 20249 shares trading hands. The stock had previously closed at $120.33.

CBOE has been the topic of a number of research reports. Zacks Investment Research lowered shares of Cboe Global Markets from a “hold” rating to a “sell” rating in a research note on Monday, April 29th. Wells Fargo & Co reaffirmed an “outperform” rating and set a $120.00 target price (up previously from $112.00) on shares of Cboe Global Markets in a research note on Friday, July 5th. Bank of America lifted their target price on shares of Cboe Global Markets from $105.00 to $110.00 and gave the company a “buy” rating in a research note on Thursday, May 16th. Raymond James lowered shares of Cboe Global Markets from an “outperform” rating to a “market perform” rating in a research note on Tuesday, June 11th. Finally, UBS Group cut their target price on shares of Cboe Global Markets from $105.00 to $103.00 and set a “neutral” rating on the stock in a research note on Monday, May 6th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and six have assigned a buy rating to the company. Cboe Global Markets has an average rating of “Hold” and a consensus price target of $111.50.

The business’s 50-day moving average is $115.23 and its 200-day moving average is $105.04.

In related news, EVP Bryan Harkins sold 4,300 shares of Cboe Global Markets stock in a transaction dated Wednesday, May 22nd. The shares were sold at an average price of $106.71, for a total transaction of $458,853.00. Following the completion of the transaction, the executive vice president now directly owns 43,661 shares of the company’s stock, valued at approximately $4,659,065.31. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, VP Mark S. Hemsley sold 14,039 shares of Cboe Global Markets stock in a transaction dated Monday, July 15th. The shares were sold at an average price of $113.84, for a total transaction of $1,598,199.76. Following the transaction, the vice president now directly owns 101,720 shares of the company’s stock, valued at $11,579,804.80. The disclosure for this sale can be found here. Over the last three months, insiders have sold 38,339 shares of company stock valued at $4,191,053. 0.89% of the stock is currently owned by corporate insiders.

A number of institutional investors have recently modified their holdings of the business. 6 Meridian raised its holdings in Cboe Global Markets by 1.9% in the second quarter. 6 Meridian now owns 5,196 shares of the financial services provider’s stock worth $538,000 after buying an additional 99 shares during the last quarter. Oppenheimer & Co. Inc. raised its holdings in shares of Cboe Global Markets by 2.5% during the first quarter. Oppenheimer & Co. Inc. now owns 4,987 shares of the financial services provider’s stock valued at $476,000 after purchasing an additional 124 shares during the last quarter. Nisa Investment Advisors LLC raised its holdings in shares of Cboe Global Markets by 2.7% during the second quarter. Nisa Investment Advisors LLC now owns 5,755 shares of the financial services provider’s stock valued at $596,000 after purchasing an additional 150 shares during the last quarter. LS Investment Advisors LLC raised its holdings in shares of Cboe Global Markets by 3.2% during the first quarter. LS Investment Advisors LLC now owns 4,885 shares of the financial services provider’s stock valued at $466,000 after purchasing an additional 150 shares during the last quarter. Finally, Northwestern Mutual Investment Management Company LLC raised its holdings in shares of Cboe Global Markets by 0.9% during the first quarter. Northwestern Mutual Investment Management Company LLC now owns 17,049 shares of the financial services provider’s stock valued at $1,627,000 after purchasing an additional 154 shares during the last quarter. 81.98% of the stock is owned by institutional investors and hedge funds.

Cboe Global Markets Company Profile (CBOE:CBOE)

Cboe Global Markets, Inc engages in the provision of trading and investment solutions to investors. It operates through the following business segments: Options, U.S. Equities, Futures, European Equities, and Global FX. The Options segment includes options exchange business, which lists for trading options on market indexes (index options), as well as on non-exclusive multiply-listed options.

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