StoneX Group (NASDAQ:SNEX) Insider Diego Rotsztain Sells 29,995 Shares of Stock

StoneX Group Inc. (NASDAQ:SNEX) insider Diego Rotsztain sold 29,995 shares of the stock in a transaction dated Wednesday, July 22nd. The stock was sold at an average price of $74.32, for a total value of $2,229,228.40. Following the sale, the insider directly owned 55,500 shares in the company, valued at $4,124,760. This trade represents a 35.08% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Friday, July 24th, Diego Rotsztain sold 20,630 shares of StoneX Group stock. The shares were sold at an average price of $74.40, for a total value of $1,534,872.00.
• On Wednesday, May 20th, Diego Rotsztain sold 20,544 shares of StoneX Group stock. The shares were sold at an average price of $75.19, for a total value of $1,544,771.84.
• On Monday, May 18th, Diego Rotsztain sold 30,081 shares of StoneX Group stock. The shares were sold at an average price of $74.32, for a total value of $2,235,619.92.

StoneX Group Trading Down 0.2%

Shares of StoneX Group stock opened at $74.28 on Wednesday. StoneX Group Inc. has a 12-month low of $35.68 and a 12-month high of $94.66. The company has a market cap of $8.83 billion, a price-to-earnings ratio of 19.91 and a beta of 0.65. The company has a current ratio of 1.74, a quick ratio of 1.33 and a debt-to-equity ratio of 1.27. The company’s 50-day moving average price is $79.80 and its 200-day moving average price is $74.67.

StoneX Group (NASDAQ:SNEX) last released its quarterly earnings data on Wednesday, May 6th. The company reported $1.38 EPS for the quarter, beating analysts’ consensus estimates of $1.07 by $0.31. The company had revenue of $826.40 million during the quarter, compared to analyst estimates of $1.37 billion. StoneX Group had a net margin of 0.30% and a return on equity of 19.31%. On average, equities analysts expect that StoneX Group Inc. will post 4 earnings per share for the current fiscal year.

StoneX Group News Summary

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

• Neutral Sentiment: CEO Philip Andrew Smith sold 45,000 shares for approximately $3.34 million, while CFO William J. Dunaway sold 95,970 shares for about $7.13 million. Both retained sizable stakes following the transactions. CEO transaction filing CFO transaction filing
• Neutral Sentiment: Chairman Sean Michael Oconnor sold 104,934 shares for approximately $7.80 million but continued to own about 1.75 million shares directly. Other insider sales included 52,376 shares by Mark Lowry Maurer and 29,995 shares by Diego Rotsztain. Chairman transaction filing
• Negative Sentiment: The concentration of insider selling—particularly by senior leadership—can be interpreted as a short-term confidence concern and may contribute to the stock’s recent decrease. However, the scheduled nature of the transactions reduces the likelihood that the sales reflect newly formed negative views about StoneX’s business or outlook. Insider transaction filing

Analysts Set New Price Targets

Several research analysts have commented on the stock. 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 cut shares of StoneX Group from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, July 17th. Zacks Research downgraded StoneX Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 6th. Finally, Jefferies Financial Group lowered StoneX Group from a “buy” rating to a “hold” rating and dropped their price objective for the company from $123.00 to $112.00 in a research note on Monday, July 20th. Two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, StoneX Group presently has a consensus rating of “Moderate Buy” and an average target price of $112.00.

Institutional Investors Weigh In On StoneX Group

A number of institutional investors and hedge funds have recently bought and sold shares of SNEX. Cassaday & Co Wealth Management LLC bought a new stake in StoneX Group during the first quarter valued at approximately $34,000. Sterling Capital Management LLC grew its stake in StoneX Group by 48.7% in the 1st quarter. Sterling Capital Management LLC now owns 476 shares of the company’s stock worth $38,000 after buying an additional 156 shares in the last quarter. Basecamp Wealth Advisors LLC increased its holdings in shares of StoneX Group by 49.7% in the 1st quarter. Basecamp Wealth Advisors LLC now owns 512 shares of the company’s stock worth $41,000 after buying an additional 170 shares during the last quarter. Transamerica Financial Advisors LLC increased 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 buying an additional 280 shares during the last quarter. Finally, International Assets Investment Management LLC purchased a new stake in shares of StoneX Group during the 4th quarter valued at $50,000. 75.93% of the stock is owned by hedge funds and other institutional investors.

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.