StoneX Group (NASDAQ:SNEX) Insider Mark Lowry Maurer Sells 34,706 Shares of Stock

StoneX Group Inc. (NASDAQ:SNEX) insider Mark Lowry Maurer sold 34,706 shares of StoneX Group stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $135.31, for a total transaction of $4,696,068.86. Following the completion of the sale, the insider owned 147,038 shares in the company, valued at approximately $19,895,711.78. This represents a 19.10% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Mark Lowry Maurer also recently made the following trade(s):

• On Tuesday, June 16th, Mark Lowry Maurer sold 11,542 shares of StoneX Group stock. The shares were sold at an average price of $133.63, for a total transaction of $1,542,357.46.

StoneX Group Trading Up 0.6%

Shares of NASDAQ:SNEX opened at $132.66 on Thursday. The company has a market cap of $10.51 billion, a PE ratio of 23.70 and a beta of 0.64. The company’s 50-day moving average price is $111.40 and its 200 day moving average price is $107.03. StoneX Group Inc. has a fifty-two week low of $53.52 and a fifty-two week high of $139.24. The company has a quick ratio of 1.33, a current ratio of 1.74 and a debt-to-equity ratio of 1.27.

StoneX Group’s stock is set to split on the morning of Monday, July 20th. The 3-2 split was announced on Tuesday, May 26th. The newly created shares will be issued to shareholders after the market closes on Friday, July 17th.

StoneX Group (NASDAQ:SNEX) last issued its quarterly earnings results on Wednesday, May 6th. The company reported $2.07 EPS for the quarter, beating analysts’ consensus estimates of $1.60 by $0.47. The company had revenue of $826.40 million for the quarter, compared to analyst estimates of $1.37 billion. StoneX Group had a return on equity of 19.31% and a net margin of 0.30%. Sell-side analysts anticipate that StoneX Group Inc. will post 6 earnings per share for the current year.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of SNEX. AlphaQuest LLC boosted its stake in StoneX Group by 28,000.0% during the third quarter. AlphaQuest LLC now owns 281 shares of the company’s stock valued at $28,000 after buying an additional 280 shares in the last quarter. Cassaday & Co Wealth Management LLC acquired a new position in shares of StoneX Group in the 1st quarter worth approximately $34,000. Sterling Capital Management LLC grew its stake in shares of StoneX Group by 48.8% in the 1st quarter. Sterling Capital Management LLC now owns 476 shares of the company’s stock worth $38,000 after purchasing an additional 156 shares during the last quarter. Transamerica Financial Advisors LLC raised its holdings in shares of StoneX Group by 183.0% in the 4th quarter. Transamerica Financial Advisors LLC now owns 433 shares of the company’s stock worth $41,000 after purchasing an additional 280 shares in the last quarter. Finally, International Assets Investment Management LLC acquired a new stake in StoneX Group during the fourth quarter valued at approximately $50,000. Institutional investors own 75.93% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on SNEX shares. Wall Street Zen raised StoneX Group from a “hold” rating to a “buy” rating in a report on Sunday, April 5th. William Blair reissued an “outperform” rating on shares of StoneX Group in a report on Monday, March 9th. Weiss Ratings reissued a “buy (b-)” rating on shares of StoneX Group in a report on Friday, May 22nd. Finally, Zacks Research raised 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 assigned a Buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $122.00.

Key Stories Impacting StoneX Group

Here are the key news stories impacting StoneX Group this week:

• Positive Sentiment: StoneX recently hit a new 12-month high and has been trading with strong volume, suggesting investor demand remains elevated after its sharp run. StoneX Group (NASDAQ:SNEX) Hits New 12-Month High – Should You Buy?
• Positive Sentiment: The company’s last earnings report beat EPS expectations, and recent analyst coverage continues to point to support from scale, acquisitions, AI trading tools, and global expansion. Is SNEX Stock Worth Buying After Its Sharp Run and Richer Valuation?
• Neutral Sentiment: StoneX announced a 3-for-2 stock split scheduled for July 20, which may improve liquidity and trading interest, but does not change the company’s underlying value. StoneX Group insider trades page
• Negative Sentiment: Several insiders sold shares over the past few days, including Chairman Sean Michael O’Connor, CFO William Dunaway, President Charles M. Lyon, Director Annabelle Bexiga, and Mark Lowry Maurer. While some sales were under 10b5-1 plans, the cluster of insider selling may temper sentiment after the recent rally. SEC filing

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.