Insider Selling: CME Group Inc. (CME) CFO Sells $722,947.50 in Stock

CME Group Inc. (NASDAQ:CME) CFO John W. Pietrowicz sold 5,175 shares of the company’s stock in a transaction that occurred on Thursday, November 2nd. The stock was sold at an average price of $139.70, for a total transaction of $722,947.50. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

CME Group Inc. (NASDAQ:CME) opened at $140.06 on Monday. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.05 and a quick ratio of 1.05. CME Group Inc. has a 12-month low of $102.06 and a 12-month high of $141.07. The stock has a market cap of $47,608.07, a P/E ratio of 29.30, a price-to-earnings-growth ratio of 2.86 and a beta of 0.71.

CME Group (NASDAQ:CME) last posted its quarterly earnings data on Thursday, October 26th. The financial services provider reported $1.19 EPS for the quarter, beating the Zacks’ consensus estimate of $1.16 by $0.03. CME Group had a net margin of 40.94% and a return on equity of 7.89%. The company had revenue of $890.80 million for the quarter, compared to analyst estimates of $890.22 million. During the same period in the prior year, the firm posted $1.05 EPS. The company’s quarterly revenue was up 5.8% on a year-over-year basis. equities research analysts predict that CME Group Inc. will post 4.8 earnings per share for the current year.

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Large investors have recently bought and sold shares of the company. Fiduciary Trust Co. bought a new stake in shares of CME Group in the 2nd quarter valued at $105,000. Quadrant Capital Group LLC boosted its stake in shares of CME Group by 13.6% in the 2nd quarter. Quadrant Capital Group LLC now owns 944 shares of the financial services provider’s stock valued at $111,000 after purchasing an additional 113 shares during the last quarter. San Francisco Sentry Investment Group CA bought a new stake in shares of CME Group in the 2nd quarter valued at $129,000. Whittier Trust Co. boosted its stake in shares of CME Group by 2.6% in the 2nd quarter. Whittier Trust Co. now owns 1,057 shares of the financial services provider’s stock valued at $133,000 after purchasing an additional 27 shares during the last quarter. Finally, People s United Financial Inc. boosted its stake in shares of CME Group by 11.5% in the 2nd quarter. People s United Financial Inc. now owns 1,063 shares of the financial services provider’s stock valued at $133,000 after purchasing an additional 110 shares during the last quarter. 82.81% of the stock is currently owned by institutional investors.

CME has been the subject of a number of research analyst reports. Jefferies Group LLC reiterated a “buy” rating and set a $128.00 price objective on shares of CME Group in a research report on Monday, July 10th. Zacks Investment Research cut shares of CME Group from a “hold” rating to a “sell” rating in a research report on Tuesday, July 11th. Citigroup Inc. initiated coverage on shares of CME Group in a research report on Wednesday, July 12th. They set a “buy” rating and a $140.00 price objective for the company. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $127.00 price objective on shares of CME Group in a research report on Friday, July 14th. Finally, BidaskClub cut shares of CME Group from a “hold” rating to a “sell” rating in a research report on Friday, July 28th. One analyst has rated the stock with a sell rating, four have issued a hold rating and six have given a buy rating to the company’s stock. CME Group has an average rating of “Hold” and a consensus target price of $138.89.

About CME Group

CME Group Inc, through its exchanges, provides products across all asset classes, including futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural products and metals. The Company’s segment primarily consists of the Chicago Mercantile Exchange Inc (CME), Board of Trade of the City of Chicago, Inc (CBOT), New York Mercantile Exchange, Inc (NYMEX) and Commodity Exchange, Inc (COMEX) exchanges.

Insider Buying and Selling by Quarter for CME Group (NASDAQ:CME)

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