Insider Sale: EVP, Global President Dave Howson Sells 5,073 Shares of Cboe Global Markets Inc (CBOE)

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On August 2, 2024, Dave Howson, EVP, Global President of Cboe Global Markets Inc (CBOE, Financial), executed a sale of 5,073 shares of the company. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 7,573 shares of Cboe Global Markets Inc.

Cboe Global Markets Inc operates as an exchange holding company offering trading across 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.

Over the past year, Dave Howson has sold a total of 31,636 shares and has not purchased any shares. This recent transaction reflects a continuation of the insider's selling trend.

The broader insider transaction history for Cboe Global Markets Inc shows a pattern of selling activities, with 14 insider sells and no insider buys over the past year.

On the date of the transaction, shares of Cboe Global Markets Inc were priced at $192.16, resulting in a market cap of approximately $20.72 billion. The price-earnings ratio of the company stands at 27.42, which is above both the industry median of 17.87 and the company's historical median.

According to the GF Value, the intrinsic value of Cboe Global Markets Inc is estimated at $103.86 per share, making the stock significantly overvalued with a price-to-GF-Value ratio of 1.85.

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The valuation metrics and insider transaction trends provide a comprehensive view of the current stock status and insider sentiment towards Cboe Global Markets Inc.

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.

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