StoneX Group (NASDAQ:SNEX) Insider Sells $1,534,872.00 in Stock

StoneX Group Inc. (NASDAQ:SNEX) insider Diego Rotsztain sold 20,630 shares of StoneX Group stock in a transaction on Friday, July 24th. The shares were sold at an average price of $74.40, for a total transaction of $1,534,872.00. Following the transaction, the insider owned 34,870 shares in the company, valued at approximately $2,594,328. This trade represents a 37.17% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Wednesday, July 22nd, Diego Rotsztain sold 29,995 shares of StoneX Group stock. The stock was sold at an average price of $74.32, for a total transaction of $2,229,228.40.
• On Wednesday, May 20th, Diego Rotsztain sold 20,544 shares of StoneX Group stock. The stock was 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 Stock Performance

NASDAQ SNEX opened at $77.62 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. StoneX Group Inc. has a twelve month low of $35.68 and a twelve month high of $94.66. The business has a 50-day moving average price of $79.79 and a 200-day moving average price of $74.75. The firm has a market cap of $9.23 billion, a price-to-earnings ratio of 20.80 and a beta of 0.65.

StoneX Group (NASDAQ:SNEX) last posted its quarterly earnings results on Wednesday, May 6th. The company reported $1.38 EPS for the quarter, topping analysts’ consensus estimates of $1.07 by $0.31. 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 for the quarter, compared to analysts’ expectations of $1.37 billion. As a group, equities research analysts predict that StoneX Group Inc. will post 4 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts recently weighed in on SNEX shares. Weiss Ratings lowered shares of StoneX Group from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, July 17th. Jefferies Financial Group cut shares of StoneX Group from a “buy” rating to a “hold” rating and decreased their price target for the stock from $123.00 to $112.00 in a research note on Monday, July 20th. Wall Street Zen raised shares of StoneX Group from a “hold” rating to a “buy” rating in a report on Sunday, April 5th. Finally, Zacks Research lowered StoneX Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 6th. 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.com, StoneX Group presently has a consensus rating of “Moderate Buy” and an average price target of $112.00.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Cassaday & Co Wealth Management LLC purchased a new position in shares of StoneX Group in the first quarter valued at $34,000. Sterling Capital Management LLC lifted its position in StoneX Group by 48.7% during the first quarter. Sterling Capital Management LLC now owns 476 shares of the company’s stock valued at $38,000 after purchasing an additional 156 shares during the last quarter. Basecamp Wealth Advisors LLC grew its stake 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 in the last quarter. Transamerica Financial Advisors LLC grew its stake 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 in the last quarter. Finally, International Assets Investment Management LLC purchased a new stake in shares of StoneX Group during the 4th quarter valued at about $50,000. 75.93% of the stock is currently owned by institutional investors.

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.