StoneX Group Inc. (NASDAQ:SNEX) Director Sells $168,007.50 in Stock

StoneX Group Inc. (NASDAQ:SNEX) Director Eric Parthemore sold 2,250 shares of the stock in a transaction on Friday, May 3rd. The shares were sold at an average price of $74.67, for a total value of $168,007.50. Following the completion of the sale, the director now owns 18,860 shares of the company’s stock, valued at $1,408,276.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

StoneX Group Stock Up 3.8 %

NASDAQ SNEX traded up $2.78 during trading hours on Monday, hitting $76.71. The company’s stock had a trading volume of 120,690 shares, compared to its average volume of 124,557. StoneX Group Inc. has a 52 week low of $52.93 and a 52 week high of $76.71. The company’s 50-day simple moving average is $68.47 and its two-hundred day simple moving average is $66.91. The company has a current ratio of 1.59, a quick ratio of 1.20 and a debt-to-equity ratio of 0.87. The company has a market capitalization of $2.42 billion, a PE ratio of 10.31 and a beta of 0.86.

StoneX Group (NASDAQ:SNEX) last posted its quarterly earnings results on Tuesday, February 6th. The company reported $2.16 EPS for the quarter, topping analysts’ consensus estimates of $1.70 by $0.46. The company had revenue of $784.20 million for the quarter, compared to analysts’ expectations of $781.80 million. StoneX Group had a net margin of 0.34% and a return on equity of 17.48%. Research analysts anticipate that StoneX Group Inc. will post 7.64 EPS for the current fiscal year.

Institutional Trading of StoneX Group

Hedge funds have recently added to or reduced their stakes in the business. Woodmont Investment Counsel LLC raised its stake in shares of StoneX Group by 45.8% during the fourth quarter. Woodmont Investment Counsel LLC now owns 125,174 shares of the company’s stock valued at $9,242,000 after acquiring an additional 39,302 shares during the last quarter. Phocas Financial Corp. increased its position in shares of StoneX Group by 52.9% during the fourth quarter. Phocas Financial Corp. now owns 49,048 shares of the company’s stock valued at $3,621,000 after buying an additional 16,979 shares during the period. New York State Teachers Retirement System raised its stake in StoneX Group by 81.3% in the fourth quarter. New York State Teachers Retirement System now owns 30,621 shares of the company’s stock worth $2,261,000 after buying an additional 13,732 shares in the last quarter. Chatham Capital Group Inc. purchased a new stake in StoneX Group in the fourth quarter worth about $1,058,000. Finally, State of New Jersey Common Pension Fund D lifted its holdings in StoneX Group by 50.0% in the fourth quarter. State of New Jersey Common Pension Fund D now owns 39,427 shares of the company’s stock worth $2,911,000 after buying an additional 13,142 shares during the period. 75.93% of the stock is owned by institutional investors.

StoneX Group Company Profile

StoneX Group Inc operates as a global financial services network that connects companies, organizations, traders, and investors to market ecosystem worldwide. The company operates through Commercial, Institutional, Retail, and Global Payments segments. The Commercial segment provides risk management and hedging, exchange-traded and OTC products execution and clearing, voice brokerage, market intelligence, physical trading, and commodity financing and logistics services.