On October 30, 2024, Director Timothy Bitsberger sold 1,000 shares of CME Group Inc (CME, Financial) as reported in a recent SEC Filing. Following this transaction, the insider now owns 10,589 shares of the company.
CME Group Inc operates the world's largest financial derivatives exchange, allowing investors to trade futures and options on a variety of assets including interest rates, equity indexes, foreign exchange, energy, agricultural commodities, metals, weather, and real estate.
Over the past year, Timothy Bitsberger has engaged in minimal trading activity, selling a total of 1,000 shares and purchasing none. This recent transaction follows a broader trend within the company, where insider activity has included 5 buys and 18 sells over the same period.
Shares of CME Group Inc were priced at $226.96 on the day of the transaction, positioning the company with a market cap of approximately $81.84 billion. The price-earnings ratio stands at 23.90, which is above the industry median of 18.51 but below the company's historical median.
The stock's valuation according to GF Value is set at $233.39, indicating a price-to-GF-Value ratio of 0.97. This suggests that CME Group Inc is Fairly Valued in relation to its intrinsic value, which is calculated based on historical trading multiples, an adjustment factor from GuruFocus, and future business performance estimates from analysts.
This insider sale might draw attention from investors monitoring insider behaviors as an indicator of the company's future performance and stock valuation.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
