Insider Selling: StoneX Group (NASDAQ:SNEX) President Sells $1,187,640.00 in Stock

StoneX Group Inc. (NASDAQ:SNEX) President Charles Lyon sold 9,000 shares of the firm’s stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $131.96, for a total transaction of $1,187,640.00. Following the sale, the president owned 216,495 shares in the company, valued at $28,568,680.20. This trade represents a 3.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

StoneX Group Stock Performance

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

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

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

Institutional Trading of StoneX Group

A number of institutional investors have recently made changes to their positions in SNEX. Vanguard Group Inc. boosted its holdings in StoneX Group by 0.3% during the fourth quarter. Vanguard Group Inc. now owns 4,031,545 shares of the company’s stock worth $383,521,000 after purchasing an additional 11,240 shares during the last quarter. Price T Rowe Associates Inc. MD increased its stake 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 buying an additional 439,771 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in 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 buying an additional 704,493 shares in the last quarter. State Street Corp lifted its position in StoneX Group by 0.3% during the 4th quarter. State Street Corp now owns 1,829,897 shares of the company’s stock worth $174,078,000 after buying an additional 6,220 shares in the last quarter. Finally, T. Rowe Price Investment Management Inc. lifted its position in StoneX Group by 24.4% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 1,499,292 shares of the company’s stock worth $142,628,000 after buying an additional 294,203 shares in the last quarter. Institutional investors own 75.93% of the company’s stock.

StoneX Group News Roundup

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

Wall Street Analysts Forecast Growth

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

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.