Cboe Global Markets director Jill Goodman sells $560,592 in shares

Jill Goodman, a director at Cboe Global Markets, Inc. (BATS:NYSE:CBOE), recently sold a significant portion of her holdings in the company. According to a recent SEC filing, Goodman sold a total of 2,684 shares of common stock over two days, with transactions occurring on March 12 and March 13, 2025. The sale comes as Cboe trades near its 52-week high of $226.37, with the stock delivering an impressive 50% return over the past year. InvestingPro analysis suggests the stock is currently trading above its Fair Value.

The shares were sold at prices ranging from $206.24 to $211.33 per share, resulting in a total transaction value of $560,592. Following these sales, Goodman retains ownership of 11,189 shares in Cboe Global Markets.

These transactions reflect Goodman’s direct ownership of the shares, as noted in the filing. The sales were executed without any equity swaps involved.

In other recent news, Cboe Global Markets reported a record-breaking month for U.S. options trading in February, achieving an Average Daily Trading Volume of 18.0 million contracts across its exchanges. This includes a notable 13.6 million multiply-listed options contracts and a historic 3.5 million contracts for S&P 500 Index options. Meanwhile, RBC Capital Markets maintained its Sector Perform rating on Cboe with a price target of $220, citing alignment with market expectations for the company’s fourth-quarter results and fiscal year 2025 guidance. RBC highlighted anticipated mid-single-digit organic growth and a strong performance in Cboe’s Data Vantage segment.

Additionally, Cboe announced the promotion of Tim Lipscomb to Executive Vice President and Chief Technology Officer, reflecting the company’s strategic emphasis on technology-driven growth. Keefe, Bruyette & Woods adjusted their price target for Cboe to $216, maintaining a Market Perform rating despite a minor earnings miss attributed to lower net revenues and higher non-operating expenses. This adjustment was influenced by robust trading volumes and revised expense forecasts for 2025.

Cboe’s global trading platforms also saw significant activity, with Cboe BIDS Europe reporting record trading volumes. The company remains focused on expanding market access and optimizing its technology infrastructure to support its growth trajectory. These developments underscore Cboe’s ongoing commitment to enhancing its market presence and operational efficiency.

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