StoneX Group (NASDAQ:SNEX) Insider Diego Rotsztain Sells 13,696 Shares of Stock

StoneX Group Inc. (NASDAQ:SNEX) insider Diego Rotsztain sold 13,696 shares of the business’s stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $112.79, for a total transaction of $1,544,771.84. Following the completion of the sale, the insider directly owned 23,247 shares of the company’s stock, valued at $2,622,029.13. The trade was a 37.07% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Diego Rotsztain also recently made the following trade(s):

• On Monday, May 18th, Diego Rotsztain sold 20,054 shares of StoneX Group stock. The stock was sold at an average price of $111.48, for a total transaction of $2,235,619.92.

StoneX Group Price Performance

SNEX opened at $112.92 on Thursday. The company has a 50-day moving average of $100.28 and a 200-day moving average of $102.65. The company has a market capitalization of $8.95 billion, a P/E ratio of 20.18 and a beta of 0.64. StoneX Group Inc. has a 1-year low of $53.52 and a 1-year high of $125.42. The company has a debt-to-equity ratio of 1.27, a quick ratio of 1.33 and a current ratio of 1.74.

StoneX Group (NASDAQ:SNEX) last released its earnings results on Wednesday, May 6th. The company reported $2.07 earnings per share for the quarter, topping the consensus estimate of $1.60 by $0.47. The company had revenue of $826.40 million during the quarter, compared to the consensus estimate of $1.37 billion. StoneX Group had a net margin of 0.30% and a return on equity of 19.31%. Equities analysts expect that StoneX Group Inc. will post 6 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have recently commented on SNEX. 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 report on Monday, February 2nd. William Blair reaffirmed an “outperform” rating on shares of StoneX Group in a report on Monday, March 9th. Weiss Ratings raised shares of StoneX Group from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, February 23rd. Wall Street Zen raised shares of StoneX Group from a “hold” rating to a “buy” rating in a report on Sunday, April 5th. Finally, Zacks Research raised shares of StoneX Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 5th. One equities research analyst has rated the stock with a Strong Buy rating and three have given a Buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of $122.00.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Vanguard Group Inc. lifted its position in StoneX Group by 34.3% in the 3rd quarter. Vanguard Group Inc. now owns 4,020,305 shares of the company’s stock valued at $405,729,000 after purchasing an additional 1,027,489 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in StoneX Group by 50.2% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,107,795 shares of the company’s stock valued at $169,976,000 after purchasing an additional 704,493 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its position in StoneX Group by 18.2% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 2,851,468 shares of the company’s stock valued at $271,261,000 after purchasing an additional 439,771 shares during the last quarter. T. Rowe Price Investment Management Inc. lifted its position in StoneX Group by 24.4% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 1,499,292 shares of the company’s stock valued at $142,628,000 after purchasing an additional 294,203 shares during the last quarter. Finally, Bank of America Corp DE lifted its position in StoneX Group by 115.6% in the 1st quarter. Bank of America Corp DE now owns 464,475 shares of the company’s stock valued at $37,460,000 after purchasing an additional 249,088 shares during the last quarter. 75.93% of the stock is owned by institutional investors and hedge funds.

About StoneX Group

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.