Mark Lowry Maurer Sells 11,542 Shares of StoneX Group (NASDAQ:SNEX) Stock

StoneX Group Inc. (NASDAQ:SNEX) insider Mark Lowry Maurer sold 11,542 shares of the company’s stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $133.63, for a total value of $1,542,357.46. Following the completion of the transaction, the insider directly owned 135,496 shares of the company’s stock, valued at $18,106,330.48. This represents a 7.85% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Monday, June 15th, Mark Lowry Maurer sold 34,706 shares of StoneX Group stock. The stock was sold at an average price of $135.31, for a total transaction of $4,696,068.86.

StoneX Group Stock Up 4.8%

NASDAQ:SNEX opened at $139.01 on Friday. StoneX Group Inc. has a one year low of $53.52 and a one year high of $141.41. The company has a debt-to-equity ratio of 1.27, a current ratio of 1.74 and a quick ratio of 1.33. The company has a market cap of $11.02 billion, a PE ratio of 24.84 and a beta of 0.64. The firm’s 50 day simple moving average is $112.45 and its 200 day simple moving average is $107.37.

StoneX Group shares are set to split before the market opens on Monday, July 20th. The 3-2 split was announced on Tuesday, May 26th. The newly minted shares will be distributed to shareholders after the market closes on Friday, July 17th.

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

Institutional Investors Weigh In On StoneX Group

Large investors have recently bought and sold shares of the stock. Vanguard Group Inc. increased its stake in StoneX Group by 34.3% in the third 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 in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of StoneX Group by 50.2% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,107,795 shares of the company’s stock worth $169,976,000 after purchasing an additional 704,493 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its position in shares of StoneX Group by 18.2% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 2,851,468 shares of the company’s stock worth $271,261,000 after purchasing an additional 439,771 shares in the last quarter. T. Rowe Price Investment Management Inc. grew its stake in shares of 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 buying an additional 294,203 shares during the period. Finally, Bank of America Corp DE grew its stake in shares of 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 buying an additional 249,088 shares during the period. 75.93% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts have commented on the company. William Blair reaffirmed an “outperform” rating on shares of StoneX Group in a report on Monday, March 9th. Wall Street Zen raised StoneX Group from a “hold” rating to a “buy” rating in a research note on Sunday, April 5th. Zacks Research upgraded StoneX Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 5th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of StoneX Group in a research note on Friday, May 22nd. One research analyst has rated the stock with a Strong Buy rating and three have given a Buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $122.00.

More StoneX Group News

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

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.