StoneX Group Inc. (NASDAQ:SNEX – Get Free Report) insider Diego Rotsztain sold 20,054 shares of the company’s stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $111.48, for a total transaction of $2,235,619.92. Following the transaction, the insider owned 36,943 shares in the company, valued at $4,118,405.64. The trade was a 35.18% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Diego Rotsztain also recently made the following trade(s):
- On Wednesday, May 20th, Diego Rotsztain sold 13,696 shares of StoneX Group stock. The shares were sold at an average price of $112.79, for a total transaction of $1,544,771.84.
StoneX Group Stock Performance
Shares of NASDAQ:SNEX opened at $112.12 on Friday. The company has a market capitalization of $8.89 billion, a price-to-earnings ratio of 20.03 and a beta of 0.64. StoneX Group Inc. has a 12 month low of $53.52 and a 12 month high of $125.42. The firm’s 50-day moving average is $100.51 and its 200 day moving average is $102.86. The company has a current ratio of 1.74, a quick ratio of 1.33 and a debt-to-equity ratio of 1.27.
Wall Street Analysts Forecast Growth
Several equities analysts recently commented on the stock. Jefferies Financial Group upped their price target on shares of StoneX Group from $99.00 to $122.00 and gave the company a “buy” rating in a report on Monday, February 2nd. Wall Street Zen upgraded shares of StoneX Group from a “hold” rating to a “buy” rating in a report on Sunday, April 5th. William Blair reissued an “outperform” rating on shares of StoneX Group in a research report on Monday, March 9th. Weiss Ratings raised shares of StoneX Group from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, February 23rd. Finally, Zacks Research raised shares of StoneX Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 5th. One analyst has rated the stock with a Strong Buy rating and three have assigned a Buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $122.00.
View Our Latest Stock Analysis on SNEX
Institutional Investors Weigh In On StoneX Group
Several hedge funds have recently modified their holdings of the business. Choreo LLC increased its stake in shares of StoneX Group by 4.5% in the fourth quarter. Choreo LLC now owns 2,764 shares of the company’s stock worth $270,000 after acquiring an additional 118 shares during the period. Xponance Inc. increased its stake in shares of StoneX Group by 3.6% in the third quarter. Xponance Inc. now owns 3,624 shares of the company’s stock worth $366,000 after acquiring an additional 125 shares during the period. Lido Advisors LLC increased its stake in shares of StoneX Group by 3.2% in the fourth quarter. Lido Advisors LLC now owns 4,050 shares of the company’s stock worth $403,000 after acquiring an additional 125 shares during the period. Maryland State Retirement & Pension System increased its stake in shares of StoneX Group by 2.2% in the fourth quarter. Maryland State Retirement & Pension System now owns 6,818 shares of the company’s stock worth $649,000 after acquiring an additional 144 shares during the period. Finally, Sterling Capital Management LLC increased its stake in shares of StoneX Group by 48.8% in the first quarter. Sterling Capital Management LLC now owns 476 shares of the company’s stock worth $38,000 after acquiring an additional 156 shares during the period. Hedge funds and other institutional investors own 75.93% of the company’s stock.
Key StoneX Group News
Here are the key news stories impacting StoneX Group this week:
- Positive Sentiment: Zacks added StoneX Group to its Strong Buy list, which may have helped support sentiment as investors look for analyst upgrades and improving expectations. New Strong Buy Stocks for May 21st
- Positive Sentiment: The company’s subsidiary, The Benchmark Company, announced the inaugural Benchmark-StoneX Quantum Computing Summit, highlighting StoneX’s effort to grow its investment-banking and research franchise in a fast-growing technology niche. The Benchmark Company Announces Inaugural Quantum Computing Summit
- Positive Sentiment: StoneX also announced the expansion of its Birmingham, Alabama presence, reinforcing a key operating hub that supports clearing and broader global operations. StoneX Expands Birmingham Presence, Reinforcing Its Role as a Strategic Operating Hub
- Neutral Sentiment: Two insider-sale headlines involving Chief Governance/Legal Officer Diego Rotsztain added to recent selling activity, but both trades were disclosed as part of a pre-arranged 10b5-1 plan, which can reduce the bearish signal. Diego Rotsztain Sells 13,696 Shares of StoneX Group (NASDAQ:SNEX) Stock Diego Rotsztain Sells 20,054 Shares of StoneX Group (NASDAQ:SNEX) Stock
- Negative Sentiment: Recent headline risk remains from broader insider selling by executives, which may weigh on sentiment even though some sales are routine and pre-planned. Insider Selling: StoneX Group (NASDAQ:SNEX) Insider Sells 13,696 Shares of Stock
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.
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