Dave Howson, EVP, GLOBAL PRESIDENT of Cboe Global Markets Inc (CBOE, Financial), executed a sale of 5,322 shares in the company on February 20, 2024, according to a SEC Filing.
Cboe Global Markets Inc is a leading provider of global market infrastructure and tradable products, offering cutting-edge trading and investment solutions to investors around the world. The company operates a range of diversified products including options, futures, U.S. and European equities, exchange-traded products, global foreign exchange, and multi-asset volatility products based on the VIX Index.
Over the past year, the insider has sold a total of 21,636 shares and has not made any purchases. The recent transaction is part of a series of sales by the insider, as indicated by the company's insider transaction history.
The insider transaction history for Cboe Global Markets Inc shows a pattern of 12 insider sells and no insider buys over the past year.
On the date of the insider's recent sale, shares of Cboe Global Markets Inc were trading at $186.96, resulting in a market capitalization of $20.643 billion.
The stock's price-earnings ratio stands at 27.42, surpassing the industry median of 18.48 and the company's historical median price-earnings ratio.
With the current share price of $186.96 and a GuruFocus Value of $110.52, the price-to-GF-Value ratio is 1.69, indicating that the stock is considered Significantly Overvalued according to the GF Value metric.
The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor, and future business performance estimates provided by Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
