Cboe Global Markets director sells $261,376 in shares

Janet P. Froetscher, a director at Cboe Global Markets, Inc. (NASDAQ:CBOE), sold 937 shares of common stock on August 12, 2026, for a total value of $261,376. The shares were sold at a price of $278.95 each. The stock currently trades at $291.82, representing a gain of roughly 5% since the transaction. According to InvestingPro analysis, CBOE appears undervalued at current levels, with the company maintaining a strong dividend track record of 11 consecutive years of increases.

Following this transaction, Ms. Froetscher directly holds 12,870 shares of Cboe Global Markets common stock.

The sale was executed pursuant to a Rule 10b5-1 trading plan, which Ms. Froetscher adopted on February 11, 2026. Such plans allow company insiders to set up a predetermined schedule for buying or selling company stock to avoid accusations of insider trading.

In other recent news, Cboe Global Markets reported impressive second-quarter 2026 financial results, exceeding both analyst expectations and previous estimates. The company achieved adjusted earnings per share of $3.56, surpassing Wall Street’s forecast of $3.36. Net revenue reached approximately $732 million, marking a 25% increase from the previous year and exceeding the consensus estimate of $700.1 million. Piper Sandler maintained an Overweight rating on Cboe, citing the strong earnings performance and setting a price target of $320. The firm’s earnings per share exceeded Piper Sandler’s estimate of $3.45, highlighting the company’s robust financial health. These developments reflect positively on Cboe’s operational efficiency and market position. The record revenue figures indicate significant growth and resilience in the company’s business model. Investors and analysts will likely continue to monitor Cboe’s financial performance closely in the coming quarters.