StoneX Group (NASDAQ:SNEX) Director Sells $200,040.00 in Stock

StoneX Group Inc. (NASDAQ:SNEX) Director Annabelle Bexiga sold 1,500 shares of StoneX Group stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $133.36, for a total transaction of $200,040.00. Following the transaction, the director owned 20,188 shares of the company’s stock, valued at $2,692,271.68. The trade was a 6.92% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

StoneX Group Stock Performance

Shares of SNEX opened at $139.01 on Friday. The company has a quick ratio of 1.33, a current ratio of 1.74 and a debt-to-equity ratio of 1.27. The stock has a market cap of $11.02 billion, a P/E ratio of 24.84 and a beta of 0.64. The business’s 50 day moving average price is $112.45 and its 200-day moving average price is $107.37. StoneX Group Inc. has a 52 week low of $53.52 and a 52 week high of $141.41.

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

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

Wall Street Analyst Weigh In

SNEX has been the topic of several recent analyst reports. Zacks Research raised shares of StoneX Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 5th. Wall Street Zen raised shares of StoneX Group from a “hold” rating to a “buy” rating in a report on Sunday, April 5th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of StoneX Group in a report on Friday, May 22nd. Finally, William Blair reiterated an “outperform” rating on shares of StoneX Group in a report on Monday, March 9th. One analyst has rated the stock with a Strong Buy rating and three have given a Buy rating to the company. According to MarketBeat.com, the company 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: Recent Zacks commentary pointed to StoneX’s record results, acquisition-related growth, AI trading initiatives, and global expansion as reasons investors remain constructive on SNEX. StoneX Is Tapping AI, Trading Volatility and Global Expansion
• Positive Sentiment: Analysts continue to view StoneX favorably after its last earnings report beat EPS expectations, reinforcing the stock’s recent momentum. Is SNEX Stock Worth Buying After Its Sharp Run and Richer Valuation?
• Neutral Sentiment: StoneX’s planned 3-for-2 stock split on July 20 could improve liquidity and broaden investor interest, but it does not change the company’s fundamentals. StoneX Group insider trades page
• Negative Sentiment: Insider selling has been notable, with Director Annabelle Bexiga and insider Mark Lowry Maurer both selling shares, adding to sentiment concerns that some executives may be taking profits after the recent rally. SEC filing

Institutional Trading of StoneX Group

Institutional investors have recently made changes to their positions in the stock. AlphaQuest LLC raised its holdings in shares of 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 purchasing an additional 280 shares during the last quarter. Cassaday & Co Wealth Management LLC purchased a new stake in StoneX Group in the first quarter worth approximately $34,000. Sterling Capital Management LLC boosted its holdings in StoneX Group by 48.7% in the first 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 grew its position in 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 during the period. Finally, International Assets Investment Management LLC bought a new stake in StoneX Group in the 4th quarter worth approximately $50,000. Hedge funds and other institutional investors own 75.93% of the company’s stock.

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.