Rep. Jefferson Shreve Sells Cboe Global Markets, Inc. (NASDAQ:CBOE) Stock

Representative Jefferson Shreve (R-Indiana) recently sold shares of Cboe Global Markets, Inc. NASDAQ: CBOE. In a filing disclosed on June 22nd, the Representative disclosed that they had sold between $50,001 and $100,000 in Cboe Global Markets stock on May 12th.

Representative Jefferson Shreve also recently made the following trade(s):

• Sold $15,001 - $50,000 in shares of Hubbell NYSE: HUBB on 5/12/2025.
• Sold $50,001 - $100,000 in shares of Trane Technologies NYSE: TT on 5/12/2025.
• Sold $15,001 - $50,000 in shares of RTX NYSE: RTX on 5/12/2025.
• Sold $50,001 - $100,000 in shares of NiSource NYSE: NI on 5/12/2025.
• Sold $50,001 - $100,000 in shares of Johnson & Johnson NYSE: JNJ on 5/12/2025.
• Sold $15,001 - $50,000 in shares of AppLovin NASDAQ: APP on 5/12/2025.
• Sold $15,001 - $50,000 in shares of Fiserv NYSE: FI on 5/12/2025.
• Sold $15,001 - $50,000 in shares of CNO Financial Group NYSE: CNO on 5/12/2025.
• Sold $15,001 - $50,000 in shares of Lam Research NASDAQ: LRCX on 5/12/2025.
• Sold $100,001 - $250,000 in shares of Walmart NYSE: WMT on 5/12/2025.

Cboe Global Markets Stock Up 0.2%

Cboe Global Markets stock traded up $0.60 during mid-day trading on Friday, reaching $246.51. The stock had a trading volume of 781,849 shares, compared to its average volume of 862,974. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.39 and a current ratio of 1.78. Cboe Global Markets, Inc. has a fifty-two week low of $181.32 and a fifty-two week high of $248.79. The stock's 50-day simple moving average is $230.50 and its 200-day simple moving average is $218.40. The firm has a market capitalization of $25.81 billion, a PE ratio of 34.14, a price-to-earnings-growth ratio of 1.75 and a beta of 0.43.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last announced its quarterly earnings data on Friday, May 2nd. The company reported $2.50 EPS for the quarter, beating analysts' consensus estimates of $2.36 by $0.14. Cboe Global Markets had a return on equity of 22.02% and a net margin of 18.64%. The firm's revenue was up 12.6% on a year-over-year basis. During the same period in the previous year, the firm earned $2.15 earnings per share. On average, sell-side analysts forecast that Cboe Global Markets, Inc. will post 8.96 EPS for the current fiscal year.

Cboe Global Markets Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 13th. Shareholders of record on Friday, May 30th were paid a $0.63 dividend. The ex-dividend date was Friday, May 30th. This represents a $2.52 dividend on an annualized basis and a yield of 1.02%. Cboe Global Markets's dividend payout ratio (DPR) is presently 33.03%.

Institutional Investors Weigh In On Cboe Global Markets

Several institutional investors have recently bought and sold shares of the stock. Apollon Wealth Management LLC boosted its holdings in Cboe Global Markets by 3.7% during the 2nd quarter. Apollon Wealth Management LLC now owns 1,262 shares of the company's stock valued at $294,000 after acquiring an additional 45 shares during the period. New York Life Investment Management LLC boosted its holdings in Cboe Global Markets by 0.3% during the 4th quarter. New York Life Investment Management LLC now owns 15,531 shares of the company's stock valued at $3,035,000 after acquiring an additional 48 shares during the period. Summit Financial LLC boosted its holdings in Cboe Global Markets by 0.4% during the 4th quarter. Summit Financial LLC now owns 10,908 shares of the company's stock valued at $2,131,000 after acquiring an additional 48 shares during the period. Ritholtz Wealth Management boosted its holdings in Cboe Global Markets by 0.9% during the 1st quarter. Ritholtz Wealth Management now owns 5,592 shares of the company's stock valued at $1,265,000 after acquiring an additional 48 shares during the period. Finally, Tokio Marine Asset Management Co. Ltd. boosted its holdings in Cboe Global Markets by 1.3% during the 1st quarter. Tokio Marine Asset Management Co. Ltd. now owns 3,864 shares of the company's stock valued at $874,000 after acquiring an additional 48 shares during the period. 82.67% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, EVP Catherine R. Clay sold 3,598 shares of the stock in a transaction dated Friday, May 23rd. The stock was sold at an average price of $226.58, for a total transaction of $815,234.84. Following the completion of the sale, the executive vice president directly owned 2,183 shares in the company, valued at $494,624.14. This represents a 62.24% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.22% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several research analysts have weighed in on the company. Piper Sandler boosted their price objective on Cboe Global Markets from $245.00 to $250.00 and gave the stock an "overweight" rating in a research report on Tuesday, July 15th. Barclays cut their price objective on Cboe Global Markets from $245.00 to $243.00 and set an "equal weight" rating on the stock in a research report on Thursday, July 10th. Loop Capital set a $227.00 price objective on Cboe Global Markets in a research report on Monday, May 5th. Oppenheimer boosted their price objective on Cboe Global Markets from $249.00 to $253.00 and gave the stock an "outperform" rating in a research report on Tuesday, July 15th. Finally, Citigroup boosted their price objective on Cboe Global Markets from $230.00 to $245.00 and gave the stock a "neutral" rating in a research report on Tuesday, July 8th. Three research analysts have rated the stock with a sell rating, nine have given a hold rating and two have given a buy rating to the company. According to data from MarketBeat, Cboe Global Markets presently has a consensus rating of "Hold" and an average target price of $222.58.

About Representative Shreve

Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana's 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana's 6th Congressional District. He declared candidacy for the 2026 election. Email editor@ballotpedia.org to notify us of updates to this biography. Jefferson Shreve earned a bachelor's degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve's career experience includes working as a real estate executive. Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.

About Cboe Global Markets

Cboe Global Markets, Inc is one of the largest stock exchange operators by volume in the United States and a leading market globally for ETP trading. Cboe offers trading across a diverse range of products in multiple asset classes and geographies, including options, futures, U.S. and European equities, exchange-traded products (ETPs), global foreign exchange (FX) and multi-asset volatility products based on the VIX Index.