Cboe Global Markets (CBOE:CBOE) Stock Price Passes Above 50-Day Moving Average of $0.00

Cboe Global Markets Inc (CBOE:CBOE) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $0.00 and traded as high as $107.46. Cboe Global Markets shares last traded at $106.57, with a volume of 209,917 shares.

Several research analysts recently commented on the stock. Raymond James downgraded shares of Cboe Global Markets from an “outperform” rating to a “market perform” rating in a research note on Tuesday, June 11th. Bank of America lifted their target price on shares of Cboe Global Markets from $105.00 to $110.00 and gave the stock a “buy” rating in a research note on Thursday, May 16th. Zacks Investment Research downgraded shares of Cboe Global Markets from a “hold” rating to a “sell” rating in a research note on Monday, April 29th. Rosenblatt Securities cut shares of Cboe Global Markets from a “buy” rating to a “neutral” rating in a report on Thursday, April 18th. Finally, Wells Fargo & Co cut their price target on shares of Cboe Global Markets from $115.00 to $110.00 and set an “outperform” rating on the stock in a report on Thursday, April 4th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and seven have assigned a buy rating to the stock. Cboe Global Markets presently has a consensus rating of “Hold” and an average price target of $110.83.

Cboe Global Markets (CBOE:CBOE) last released its quarterly earnings results on Friday, May 3rd. The financial services provider reported $1.11 earnings per share for the quarter, beating the consensus estimate of $0.99 by $0.12. The company had revenue of $280.50 million during the quarter, compared to the consensus estimate of $279.49 million.

The business also recently declared a quarterly dividend, which was paid on Friday, June 14th. Investors of record on Friday, May 31st were issued a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 1.20%. The ex-dividend date of this dividend was Thursday, May 30th.

In other news, CFO Brian N. Schell sold 10,000 shares of the business’s stock in a transaction on Friday, May 31st. The shares were sold at an average price of $108.47, for a total transaction of $1,084,700.00. Following the sale, the chief financial officer now owns 36,069 shares in the company, valued at approximately $3,912,404.43. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP John Deters sold 834 shares of the business’s stock in a transaction on Thursday, May 16th. The shares were sold at an average price of $103.78, for a total transaction of $86,552.52. Following the sale, the executive vice president now owns 3,121 shares in the company, valued at approximately $323,897.38. The disclosure for this sale can be found here. In the last quarter, insiders sold 25,134 shares of company stock worth $2,679,406. 0.89% of the stock is currently owned by company insiders.

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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