CME Group Inc (NASDAQ:CME) Director Howard J. Siegel sold 5,000 shares of the firm’s stock in a transaction on Friday, August 2nd. The shares were sold at an average price of $205.00, for a total transaction of $1,025,000.00. Following the sale, the director now owns 80,382 shares in the company, valued at approximately $16,478,310. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.
Shares of NASDAQ:CME opened at $208.89 on Thursday. The stock has a market cap of $74.64 billion, a PE ratio of 30.63, a PEG ratio of 4.58 and a beta of 0.23. The stock has a fifty day simple moving average of $201.54. CME Group Inc has a 52 week low of $161.05 and a 52 week high of $210.17. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.04 and a current ratio of 1.05.
CME Group (NASDAQ:CME) last issued its earnings results on Wednesday, July 31st. The financial services provider reported $1.76 EPS for the quarter, topping analysts’ consensus estimates of $1.75 by $0.01. The company had revenue of $1.27 billion for the quarter, compared to analysts’ expectations of $1.27 billion. CME Group had a net margin of 39.36% and a return on equity of 9.14%. The firm’s revenue was up 20.1% compared to the same quarter last year. During the same quarter last year, the company earned $1.74 EPS. On average, equities research analysts predict that CME Group Inc will post 6.66 EPS for the current fiscal year.
A number of large investors have recently modified their holdings of the stock. Dimensional Fund Advisors LP raised its stake in shares of CME Group by 2.8% in the 4th quarter. Dimensional Fund Advisors LP now owns 906,174 shares of the financial services provider’s stock valued at $170,463,000 after purchasing an additional 24,717 shares during the period. Geode Capital Management LLC raised its stake in shares of CME Group by 12.9% in the 4th quarter. Geode Capital Management LLC now owns 4,715,269 shares of the financial services provider’s stock valued at $885,776,000 after purchasing an additional 537,917 shares during the period. Legacy Advisors LLC acquired a new stake in shares of CME Group in the 1st quarter valued at about $92,000. Sageworth Trust Co raised its stake in shares of CME Group by 5,233.3% in the 1st quarter. Sageworth Trust Co now owns 480 shares of the financial services provider’s stock valued at $79,000 after purchasing an additional 471 shares during the period. Finally, Forte Capital LLC ADV raised its stake in shares of CME Group by 0.6% in the 1st quarter. Forte Capital LLC ADV now owns 26,041 shares of the financial services provider’s stock valued at $4,286,000 after purchasing an additional 156 shares during the period. Institutional investors own 84.58% of the company’s stock.
Several research firms have recently weighed in on CME. BidaskClub cut shares of CME Group from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, June 11th. ValuEngine upgraded shares of CME Group from a “hold” rating to a “buy” rating in a research report on Wednesday, May 8th. Zacks Investment Research cut shares of CME Group from a “hold” rating to a “sell” rating and set a $158.00 price objective on the stock. in a research report on Monday, May 27th. Barclays raised their price objective on shares of CME Group from $191.00 to $197.00 and gave the company an “overweight” rating in a research report on Thursday, May 23rd. Finally, Wells Fargo & Co raised their price objective on shares of CME Group from $176.00 to $200.00 and gave the company a “market perform” rating in a research report on Wednesday, July 3rd. Three research analysts have rated the stock with a sell rating, five have given a hold rating and eight have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $192.14.
CME Group Company Profile
CME Group Inc, through its subsidiaries, operates contract markets for the trading of futures and options on futures contracts worldwide. It offers a range of products across various asset classes, including futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, and metals, as well as fixed income products.
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