CME Group (CME) : Traders are bullish on CME Group (CME) as it has outperformed the S&P 500 by a wide margin of 3.69% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.45%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 2.96% in the last 1 week, and is up 8.23% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock. The stock has recorded a 20-day Moving Average of 5.3% and the 50-Day Moving Average is 6.3%.
CME Group (NASDAQ:CME): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $101.67 and $100.86 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $102.28. The buying momentum continued till the end and the stock did not give up its gains. It closed at $101.83, notching a gain of 0.53% for the day. The total traded volume was 1,813,395 . The stock had closed at $101.29 on the previous day.
The company Insiders own 0.61% of CME Group shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -9.45% . Institutional Investors own 78.83% of CME Group shares. During last six month period, the net percent change held by insiders has seen a change of -10.17%. In a related news, The Officer (Sr Md Pres Gl Ops Tech & Risk), of CME GROUP INC., Taylor Kimberly S had unloaded 2,300 shares at $96.55 per share in a transaction on June 30, 2016. The total value of transaction was $222,065. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
CME Group Inc.is the holding company for Chicago Mercantile Exchange Inc., CBOT, New York Mercantile Exchange, Inc. (NYMEX), Commodity Exchange, Inc. (COMEX) and their respective subsidiaries, as well as CME Clearing Europe Limited (CMECE) and CME Europe Limited (CME Europe). The Company also clear futures, options on futures and swaps contracts through its two clearing organizations: CME Clearing, which is a division of CME, and CMECE. The Company offers its customers the opportunity to trade futures contracts and options on futures contracts on a range of products, including those -based on interest rates, equities, foreign exchange, agricultural commodities, energy and metals. It also clear swaps contracts on a range of products, including those -based on interest rates, credit default, foreign exchange, agricultural commodities, energy and metals. Its exchange consists of designated contract markets for the trading of futures and options on futures contracts.