GuruFocus - On September 3, 2024, Christopher Isaacson, Executive Vice President and Chief Operating Officer of Cboe Global Markets Inc (CBOE), sold 6,000 shares of the company. The transaction was filed on September 5, 2024, as reported in the SEC Filing. Following this sale, the insider now owns 39,855 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, Christopher Isaacson has sold a total of 15,850 shares and has not made any purchases. The recent sale on September 3 is part of this ongoing trend of insider sales at the company. In the past year, there have been 15 insider sales and no insider buys at Cboe Global Markets Inc.
Shares of Cboe Global Markets Inc were trading at $204.89 on the day of the sale. The company has a market cap of approximately $22.04 billion. The price-earnings ratio of the company stands at 29.17, which is above both the industry median of 17.37 and the company's historical median.
According to the GF Value, the intrinsic value of Cboe Global Markets Inc is estimated at $115.33 per share, making the stock significantly overvalued with a price-to-GF-Value ratio of 1.78.
The GF Value is calculated based on historical trading multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted for the company's past performance and expected future business results.
This insider sale might interest investors tracking insider behaviors as an indicator of corporate confidence and potential future stock performance.
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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