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Insider Trading

Top Executive Sells Off Cboe Global Markets Stock!

Top Executive Sells Off Cboe Global Markets Stock!

New insider activity at Cboe Global Markets ( (CBOE) ) has taken place on February 22, 2025.

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In a recent transaction, Adam Inzirillo, the Executive Vice President of Data Vantage, sold 200 shares of Cboe Global Markets stock. The sale amounted to a total value of $41,934.

Recent Updates on CBOE stock

Cboe Global Markets recently received several price target increases from different analysts, reflecting optimism about its strategic growth and market positioning. The company reported robust financial performance for Q4 2024, with a record net revenue of $2.1 billion, driven by strong results in Derivatives Markets, Data Vantage, and Cash and Spot Markets. Key highlights include an 8% increase in net revenue and a 10% rise in adjusted diluted EPS for the full year. Analysts from Barclays and others raised their price targets due to Cboe’s solid earnings, despite a slight miss in Q4 estimates, which was attributed to a below-the-line miss. The company’s strategic initiatives, such as partnerships and technological innovations, are expected to drive further growth, though challenges like declining futures revenue and rising expenses were noted. Cboe remains focused on leveraging its strategic initiatives to maintain growth and deliver value to shareholders.

More about Cboe Global Markets

YTD Price Performance: 6.35%

Average Trading Volume: 806,696

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $21.87B

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