Intrepid Capital Management Inc. Has $1.80 Million Stake in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Intrepid Capital Management Inc. increased its stake in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 1.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,116 shares of the company’s stock after purchasing an additional 161 shares during the period. Intrepid Capital Management Inc.’s holdings in Cboe Global Markets were worth $1,800,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. PNC Managed Account Solutions Inc. bought a new position in Cboe Global Markets in the second quarter valued at approximately $28,000. Ameritas Investment Company LLC bought a new position in shares of Cboe Global Markets in the 1st quarter valued at about $34,000. Berman Capital Advisors LLC grew its holdings in Cboe Global Markets by 296.4% during the second quarter. Berman Capital Advisors LLC now owns 333 shares of the company’s stock worth $39,000 after purchasing an additional 249 shares during the period. Fifth Third Bancorp grew its holdings in Cboe Global Markets by 33.9% during the second quarter. Fifth Third Bancorp now owns 332 shares of the company’s stock worth $40,000 after purchasing an additional 84 shares during the period. Finally, Sowell Financial Services LLC grew its holdings in Cboe Global Markets by 26.8% during the first quarter. Sowell Financial Services LLC now owns 625 shares of the company’s stock worth $67,000 after purchasing an additional 132 shares during the period. Institutional investors own 79.76% of the company’s stock.

In other Cboe Global Markets news, CEO Edward T. Tilly sold 7,500 shares of the company’s stock in a transaction dated Tuesday, August 3rd. The stock was sold at an average price of $119.93, for a total value of $899,475.00. Following the sale, the chief executive officer now owns 162,574 shares in the company, valued at approximately $19,497,499.82. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders own 0.56% of the company’s stock.

CBOE traded down $2.82 on Monday, reaching $123.02. The stock had a trading volume of 16,900 shares, compared to its average volume of 649,365. Cboe Global Markets, Inc. has a fifty-two week low of $77.63 and a fifty-two week high of $139.00. The firm has a 50-day moving average of $123.15 and a 200-day moving average of $114.16. The company has a current ratio of 1.36, a quick ratio of 1.36 and a debt-to-equity ratio of 0.38. The company has a market capitalization of $13.12 billion, a price-to-earnings ratio of 30.92 and a beta of 0.66.

Cboe Global Markets (NASDAQ:CBOE) last issued its earnings results on Thursday, July 29th. The company reported $1.38 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.36 by $0.02. Cboe Global Markets had a return on equity of 16.65% and a net margin of 12.73%. The business had revenue of $350.60 million during the quarter, compared to analysts’ expectations of $346.64 million. During the same quarter in the prior year, the firm earned $1.31 EPS. The business’s revenue for the quarter was up 18.1% compared to the same quarter last year. Sell-side analysts anticipate that Cboe Global Markets, Inc. will post 5.52 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 15th. Shareholders of record on Tuesday, August 31st were given a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a dividend yield of 1.56%. The ex-dividend date of this dividend was Monday, August 30th. This is a positive change from Cboe Global Markets’s previous quarterly dividend of $0.42. Cboe Global Markets’s payout ratio is 36.43%.

A number of equities analysts recently commented on the company. Morgan Stanley assumed coverage on Cboe Global Markets in a report on Friday, June 11th. They set an “underweight” rating and a $104.00 price target for the company. Piper Sandler boosted their price objective on Cboe Global Markets from $113.00 to $117.00 and gave the stock an “overweight” rating in a report on Monday, July 12th. UBS Group boosted their price objective on Cboe Global Markets from $111.00 to $124.00 and gave the stock a “neutral” rating in a report on Wednesday, July 7th. Argus boosted their price objective on Cboe Global Markets from $120.00 to $133.00 and gave the stock a “buy” rating in a report on Wednesday, August 4th. Finally, Zacks Investment Research downgraded shares of Cboe Global Markets from a “buy” rating to a “hold” rating and set a $124.00 price target for the company. in a research report on Tuesday, June 22nd. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $195.54.

About Cboe Global Markets

Cboe Global Markets, Inc engages in the provision of trading and investment solutions to investors. It operates through the following business segments: Options, North American Equities, Futures, European Equities, and Global FX. The Options segment includes options exchange business, which lists for trading options on market indexes (index options), as well as on non-exclusive multiply-listed options.

Featured Article: volatile stocks

Institutional Ownership by Quarter for Cboe Global Markets (NASDAQ:CBOE)

Receive News & Ratings for Cboe Global Markets Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cboe Global Markets and related companies with MarketBeat.com's FREE daily email newsletter.