CBOE — Cboe Global Markets Inc

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

About Cboe Global Markets Inc

Cboe Global Markets, Inc., through its subsidiaries, operates as a derivatives and securities exchange network that delivers cutting-edge trading, clearing, and investment solutions in the United States and internationally. It operates through five segments: Options, North American Equities, Europe and Asia Pacific, Futures, and Global FX. The Options segment includes options on market indices, as well as on the stocks of individual corporations … Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$344.24
Market Cap$36.83B
Float104.2M
Shares Outstanding104.7M
P/E (Forward)29.67
P/E (TTM)30.87
Price/Sales (TTM)7.69
vs. Analyst Target-4.0% to analyst PT
Profit Margin25.77%
Operating Margin (TTM)39.72%
Revenue (TTM)$4.79B
Earnings Growth (YoY)54.40%
Dividend Rate2.9%
Analyst Target Price$330.43 (14 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $3.43B $468M $1.25B $858M
2021 $3.49B $529M $1.48B $972M
2022 $3.96B $235M $1.74B $660M
2023 $3.77B $761M $1.92B $1.27B
2024 $4.09B $765M $2.07B $1.27B
2025 $4.71B $1.10B $2.31B $1.64B

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Jun 2025 $1.17B $235M
Sep 2025 $1.14B $301M
Dec 2025 $1.20B $314M
Mar 2026 $1.27B $386M

Ownership & Float

Insider Ownership0.3%
Institutional Ownership91.8%
Short Float2.4%
% of All Funds Holding11.23%
Number of Funds Holding923

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$320.28Near-term / short-term trend
Weekly40-Week SMA$274.03Medium-term trend
Weekly80-Week SMA$246.49Cyclical trend (business cycle)
Weekly200-Week SMA$193.42Secular trend (multi-year)
Monthly10-Month SMA$272.62Near-term monthly trend
Monthly20-Month SMA$245.88Medium-term monthly trend
Monthly40-Month SMA$205.90Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$315.00 support 1.06x 0 months ago
$268.00 support 1.06x 2 months ago
$212.00 support 1.05x 13 months ago
$184.00 support 1.31x 20 months ago

Historical Earnings Reactions (64 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap 0.23% 0.26% 62.50% 4.32% -2.62%
1 Day 0.44% 0.48% 56.25% 6.04% -5.55%
1 Week 1.46% 2.01% 70.31% 8.36% -7.54%
2 Weeks 2.45% 3.34% 70.31% 12.03% -7.78%
1 Month 1.92% 2.34% 66.67% 18.78% -23.72%

Next earnings: July 31, 2026 (63 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan2.1%68.8%16
Feb2.5%62.5%16
Mar-0.5%50.0%16
Apr-0.0%43.8%16
May0.8%53.3%15
Jun1.8%60.0%15
Jul0.8%62.5%16
Aug2.1%62.5%16
Sep-0.2%37.5%16
Oct4.9%81.3%16
Nov4.2%81.3%16
Dec-1.7%37.5%16

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday 0.12% 52.7% 750
Tuesday 0.01% 51.4% 825
Wednesday 0.00% 50.6% 822
Thursday 0.07% 54.4% 807
Friday 0.17% 55.6% 806

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 91.8%

Insider Transactions — Smart Summary

Total insider ownership: 0.3%

12-Month Insider Activity Summary

Total Filings7
Net Value-$3.2M
Net Shares Change-20,516
% of Float-0.0%
C-Suite Filings4
Clusters Detected1

Key Insiders

NameTitleNet ValueFilingsActivity
Isaacson Christopher A EVP, COO -$2.3M 2 N/A
Fitzpatrick Edward J. -$1.1M 1 1 sell
Clay Catherine R EVP, GLOBAL DERIVATIVES -$815,234.84 1 N/A
Froetscher Janet P -$437,944.07 1 N/A
Matturri Alexander JR -$428,040 1 1 sell
Wilkinson Allen SVP, CHIEF ACCOUNTING OFFICER -$72,611.92 1 1 sell

Transaction Clusters

PeriodFilingsInsidersNet ValueSeniority
2026-02-20 – 2026-02-25 3 3 -$1.6M 1 C-suite

Significant Filings

DateInsiderTitleNet ValuePrice After
2026-02-20 Fitzpatrick Edward J. -$1.1M Transaction at $285.87, now +20.4%
2026-02-20 Matturri Alexander JR -$428,040 Transaction at $285.36, now +20.6%
2026-02-25 Wilkinson Allen SVP, CHIEF ACCOUNTING OFFICER -$72,611.92 Transaction at $292.79, now +17.6%
2026-05-20 Froetscher Janet P -$437,944.07 Transaction at $358.09, now -3.9%
2025-09-04 Isaacson Christopher A EVP, COO -$1.2M Transaction at $236.66, now +45.5%
2025-06-11 Isaacson Christopher A EVP, COO -$1.1M Transaction at $221.37, now +55.5%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Cboe Global Markets Inc (CBOE) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for CBOE on Trend Edge →