Diego Rotsztain Sells 30,327 Shares of StoneX Group (NASDAQ:SNEX) Stock

StoneX Group Inc. (NASDAQ:SNEX) insider Diego Rotsztain sold 30,327 shares of the firm’s stock in a transaction on Monday, September 14th. The stock was sold at an average price of $68.83, for a total transaction of $2,087,407.41. Following the completion of the sale, the insider owned 55,168 shares of the company’s stock, valued at $3,797,213.44. The trade was a 35.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible 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 Wednesday, September 16th, Diego Rotsztain sold 20,298 shares of StoneX Group stock. The shares were sold at an average price of $67.13, for a total transaction of $1,362,604.74.
• On Wednesday, July 22nd, Diego Rotsztain sold 29,995 shares of StoneX Group stock. The shares were sold at an average price of $74.32, for a total transaction of $2,229,228.40.
• On Friday, July 24th, Diego Rotsztain sold 20,630 shares of StoneX Group stock. The stock was sold at an average price of $74.40, for a total transaction of $1,534,872.00.

StoneX Group Stock Up 1.1%

Shares of SNEX traded up $0.75 during trading hours on Wednesday, hitting $67.61. The stock had a trading volume of 682,506 shares, compared to its average volume of 1,081,764. StoneX Group Inc. has a 1-year low of $36.45 and a 1-year high of $94.66. The firm has a market capitalization of $8.16 billion, a P/E ratio of 16.14 and a beta of 0.63. The firm has a 50 day simple moving average of $71.03 and a 200-day simple moving average of $72.76. The company has a debt-to-equity ratio of 1.45, a current ratio of 1.82 and a quick ratio of 1.39.

StoneX Group (NASDAQ:SNEX) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $1.00 earnings per share for the quarter, topping analysts’ consensus estimates of $0.86 by $0.14. The business had revenue of $39.71 billion for the quarter, compared to the consensus estimate of $1.32 billion. StoneX Group had a return on equity of 20.18% and a net margin of 0.33%. Sell-side analysts predict that StoneX Group Inc. will post 4.35 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of SNEX. BlackRock Inc. bought a new position in StoneX Group during the 2nd quarter valued at $1,343,877,000. Dimensional Fund Advisors LP grew its stake in shares of StoneX Group by 50.2% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,107,795 shares of the company’s stock worth $169,976,000 after acquiring an additional 704,493 shares in the last quarter. Van Berkom & Associates Inc. grew its stake in shares of StoneX Group by 21.1% in the 1st quarter. Van Berkom & Associates Inc. now owns 1,384,258 shares of the company’s stock worth $111,640,000 after acquiring an additional 240,749 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of StoneX Group by 6.5% in the fourth quarter. Geode Capital Management LLC now owns 1,212,568 shares of the company’s stock valued at $115,369,000 after purchasing an additional 74,515 shares during the last quarter. Finally, Wasatch Advisors LP purchased a new stake in shares of StoneX Group in the second quarter valued at about $139,730,000. Hedge funds and other institutional investors own 75.93% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the company. Jefferies Financial Group cut StoneX Group from a “buy” rating to a “hold” rating and cut their target price for the stock from $123.00 to $112.00 in a report on Monday, July 20th. Weiss Ratings upgraded shares of StoneX Group from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday. Wall Street Zen lowered shares of StoneX Group from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. Finally, Zacks Research upgraded shares of StoneX Group from a “hold” rating to a “strong-buy” rating in a report on Friday, August 7th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Buy” and an average price target of $112.00.

StoneX Group Company Profile

StoneX Group Inc (NASDAQ: SNEX) is a global financial services company that provides execution, clearing, market-making, advisory and risk-management services across a range of markets. Its clients include commercial and industrial businesses, institutional investors, broker-dealers, asset managers, professional traders and retail investors.

The company’s offerings include futures and options trading, securities execution and clearing, foreign exchange, global payments, commodities trading and hedging, and access to physical commodities markets.