StoneX Group Inc. (NASDAQ:SNEX – Get Free Report) Chairman Sean Michael Oconnor sold 140,070 shares of StoneX Group stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $110.31, for a total value of $15,451,121.70. Following the completion of the transaction, the chairman owned 1,236,921 shares in the company, valued at $136,444,755.51. The trade was a 10.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Sean Michael Oconnor also recently made the following trade(s):
- On Tuesday, May 19th, Sean Michael Oconnor sold 72,140 shares of StoneX Group stock. The stock was sold at an average price of $109.94, for a total value of $7,931,071.60.
- On Monday, May 18th, Sean Michael Oconnor sold 87,790 shares of StoneX Group stock. The stock was sold at an average price of $111.46, for a total value of $9,785,073.40.
StoneX Group Trading Down 0.4%
StoneX Group stock opened at $112.42 on Friday. 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 business’s 50-day simple moving average is $100.40 and its 200-day simple moving average is $102.80. The firm has a market capitalization of $8.91 billion, a PE ratio of 20.09 and a beta of 0.64. StoneX Group Inc. has a 52 week low of $53.52 and a 52 week high of $125.42.
Key Stories Impacting StoneX Group
Here are the key news stories impacting StoneX Group this week:
- Positive Sentiment: StoneX’s subsidiary, The Benchmark Company, announced the inaugural Benchmark-StoneX Quantum Computing Summit, which could strengthen its brand in technology investment banking and deepen relationships with institutional investors. The Benchmark Company Announces Inaugural Quantum Computing Summit
- Positive Sentiment: Zacks added SNEX to its Strong Buy list, reinforcing a generally bullish analyst view on the stock. New Strong Buy Stocks for May 21st
- Positive Sentiment: StoneX expanded its Birmingham, Alabama presence, signaling continued investment in operational infrastructure and support for global business lines. StoneX Expands Birmingham Presence, Reinforcing Its Role as a Strategic Operating Hub
- Neutral Sentiment: Recent market commentary highlighted StoneX’s latest quarterly beat on EPS, but revenue came in well below expectations, leaving the fundamental signal mixed.
- Negative Sentiment: Chairman Sean Michael O’Connor sold a large block of shares over several recent transactions, adding to concerns about insider confidence. Insider Selling: StoneX Group (NASDAQ:SNEX) Chairman Sells 72,140 Shares of Stock
- Negative Sentiment: Insider Diego Rotsztain also sold shares twice this week, reinforcing the broader insider-selling trend around SNEX. Insider Selling: StoneX Group (NASDAQ:SNEX) Insider Sells 13,696 Shares of Stock
Wall Street Analyst Weigh In
A number of equities analysts have recently commented on the company. Jefferies Financial Group lifted their price objective on StoneX Group from $99.00 to $122.00 and gave the stock a “buy” rating in a research note on Monday, February 2nd. Zacks Research upgraded StoneX Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 5th. William Blair reiterated an “outperform” rating on shares of StoneX Group in a research note on Monday, March 9th. Wall Street Zen raised StoneX Group from a “hold” rating to a “buy” rating in a research report on Sunday, April 5th. Finally, Weiss Ratings raised StoneX Group from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, February 23rd. One analyst has rated the stock with a Strong Buy rating and three have issued a Buy rating to the stock. According to MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $122.00.
View Our Latest Stock Report on StoneX Group
Institutional Investors Weigh In On StoneX Group
A number of institutional investors have recently added to or reduced their stakes in the stock. Bank of America Corp DE boosted its holdings in StoneX Group by 115.6% during the first quarter. Bank of America Corp DE now owns 464,475 shares of the company’s stock valued at $37,460,000 after purchasing an additional 249,088 shares in the last quarter. Janus Henderson Group PLC lifted its holdings in StoneX Group by 177.7% during the 1st quarter. Janus Henderson Group PLC now owns 134,861 shares of the company’s stock valued at $10,876,000 after purchasing an additional 86,290 shares during the last quarter. Amundi lifted its holdings in StoneX Group by 88.1% during the 1st quarter. Amundi now owns 11,886 shares of the company’s stock valued at $959,000 after purchasing an additional 5,567 shares during the last quarter. EverSource Wealth Advisors LLC boosted its position in StoneX Group by 106.4% in the first quarter. EverSource Wealth Advisors LLC now owns 1,102 shares of the company’s stock valued at $89,000 after buying an additional 568 shares in the last quarter. Finally, California State Teachers Retirement System grew its stake in StoneX Group by 85.1% during the first quarter. California State Teachers Retirement System now owns 77,411 shares of the company’s stock worth $6,243,000 after buying an additional 35,595 shares during the last quarter. 75.93% of the stock is owned by institutional investors and hedge funds.
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.
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