CME Group Inc (CME, Financial) reported an insider sale on October 30, 2024, according to a recent SEC Filing. Sunil Cutinho, the Chief Information Officer of CME Group Inc, sold 4,500 shares of the company. Following this transaction, the insider now owns 27,053 shares of the company.
CME Group Inc operates the world's largest financial derivatives exchange, allowing investors to trade futures and options on various asset classes, including commodities, currencies, and stock indices.
The shares were sold at a price of $226.64, valuing the transaction at approximately $1,019,880. This sale follows a pattern observed over the past year where Sunil Cutinho has sold a total of 4,500 shares and has not made any purchases.
The insider transaction history for CME Group Inc shows a trend of more insider sales than buys over the past year, with 18 sales and 5 buys recorded.
On the valuation front, CME Group Inc's shares are trading close to the GF Value of $233.39, with a price-to-GF-Value ratio of 0.97, indicating the stock is Fairly Valued. The market cap of CME Group Inc is $81.84 billion, with a price-earnings ratio of 23.90, which is above the industry median but below the company's historical median.
This insider sale could be of interest to investors tracking insider behaviors as an indicator of the company's future performance and valuation alignment.
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