StoneX Group (NASDAQ:SNEX) Director Sells $126,787.50 in Stock

StoneX Group Inc. (NASDAQ:SNEX) Director John Moore Fowler sold 1,125 shares of StoneX Group stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $112.70, for a total transaction of $126,787.50. Following the sale, the director directly owned 113,765 shares of the company’s stock, valued at $12,821,315.50. The trade was a 0.98% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

StoneX Group Trading Down 0.8%

Shares of SNEX stock opened at $112.91 on Wednesday. StoneX Group Inc. has a 12-month low of $65.00 and a 12-month high of $115.18. The company has a market capitalization of $5.91 billion, a PE ratio of 19.26 and a beta of 0.45. The firm has a 50 day moving average price of $100.38 and a two-hundred day moving average price of $96.97. The company has a quick ratio of 1.35, a current ratio of 1.72 and a debt-to-equity ratio of 1.56.

StoneX Group (NASDAQ:SNEX) last announced its earnings results on Monday, November 24th. The company reported $1.57 earnings per share for the quarter, missing analysts’ consensus estimates of $1.58 by ($0.01). StoneX Group had a return on equity of 15.27% and a net margin of 0.23%.The firm had revenue of $1.32 billion for the quarter, compared to the consensus estimate of $1.04 billion. During the same quarter last year, the business posted $2.32 EPS. As a group, analysts predict that StoneX Group Inc. will post 8.7 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the stock. Jefferies Financial Group lifted their price target on shares of StoneX Group from $99.00 to $122.00 and gave the company a “buy” rating in a research report on Monday. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of StoneX Group in a report on Monday, December 29th. Two research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, StoneX Group currently has an average rating of “Moderate Buy” and an average price target of $122.00.

Institutional Investors Weigh In On StoneX Group

A number of large investors have recently modified their holdings of SNEX. Choreo LLC raised its holdings in StoneX Group by 4.5% in the 4th quarter. Choreo LLC now owns 2,764 shares of the company’s stock valued at $270,000 after buying an additional 118 shares during the last quarter. Xponance Inc. lifted its holdings in shares of StoneX Group by 3.6% during the third quarter. Xponance Inc. now owns 3,624 shares of the company’s stock worth $366,000 after purchasing an additional 125 shares during the period. Bank of Montreal Can lifted its holdings in shares of StoneX Group by 1.5% during the second quarter. Bank of Montreal Can now owns 8,640 shares of the company’s stock worth $787,000 after purchasing an additional 128 shares during the period. Lido Advisors LLC grew its stake in shares of StoneX Group by 3.5% in the third quarter. Lido Advisors LLC now owns 3,925 shares of the company’s stock worth $396,000 after purchasing an additional 132 shares during the last quarter. Finally, PNC Financial Services Group Inc. increased its holdings in StoneX Group by 1.3% in the second quarter. PNC Financial Services Group Inc. now owns 11,047 shares of the company’s stock valued at $1,007,000 after purchasing an additional 137 shares during the period. Institutional investors and hedge funds own 75.93% of the company’s stock.

StoneX Group Company Profile

StoneX Group Inc (NASDAQ: SNEX) is a global financial services firm offering execution, risk management, advisory and post-trade solutions across commodities, currencies, securities and digital assets. The company serves commercial businesses, institutional clients and financial intermediaries, providing market access and tailored services designed to help clients manage price risk, optimize working capital and execute complex transactions.

StoneX operates through several core segments.