Thrivent Financial for Lutherans Sells 6,690 Shares of StoneX Group Inc. $SNEX

Thrivent Financial for Lutherans trimmed its holdings in StoneX Group Inc. (NASDAQ:SNEX) by 16.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 32,862 shares of the company’s stock after selling 6,690 shares during the quarter. Thrivent Financial for Lutherans’ holdings in StoneX Group were worth $3,126,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently modified their holdings of the company. Cornerstone Planning Group LLC increased its stake in shares of StoneX Group by 4,133.3% in the 3rd quarter. Cornerstone Planning Group LLC now owns 254 shares of the company’s stock worth $26,000 after acquiring an additional 248 shares in the last quarter. Cullen Frost Bankers Inc. increased its stake in shares of StoneX Group by 1,100.0% in the 3rd quarter. Cullen Frost Bankers Inc. now owns 264 shares of the company’s stock worth $27,000 after acquiring an additional 242 shares in the last quarter. AlphaQuest LLC increased its stake in shares of StoneX Group by 28,000.0% in the 3rd quarter. AlphaQuest LLC now owns 281 shares of the company’s stock worth $28,000 after acquiring an additional 280 shares in the last quarter. International Assets Investment Management LLC bought a new position in shares of StoneX Group in the 4th quarter worth about $50,000. Finally, Federated Hermes Inc. bought a new position in shares of StoneX Group in the 3rd quarter worth about $55,000. 75.93% of the stock is currently owned by institutional investors.

Key Headlines Impacting StoneX Group

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

Insider Transactions at StoneX Group

In other news, insider Diego Rotsztain sold 13,696 shares of StoneX Group stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $112.79, for a total value of $1,544,771.84. Following the completion of the sale, the insider directly owned 23,247 shares in the company, valued at $2,622,029.13. The trade was a 37.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Annabelle G. Bexiga sold 1,500 shares of StoneX Group stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $112.82, for a total transaction of $169,230.00. Following the completion of the sale, the director owned 21,688 shares of the company’s stock, valued at $2,446,840.16. This represents a 6.47% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 438,817 shares of company stock valued at $48,063,599. Company insiders own 11.79% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently issued reports on the stock. Weiss Ratings upgraded shares of StoneX Group from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, February 23rd. Zacks Research upgraded shares of 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 upgraded shares of StoneX Group from a “hold” rating to a “buy” rating in a research note on Sunday, April 5th. Finally, Jefferies Financial Group increased their price target on shares of StoneX Group from $99.00 to $122.00 and gave the stock a “buy” rating in a research note on Monday, February 2nd. One 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.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $122.00.

StoneX Group Stock Performance

Shares of SNEX stock opened at $112.12 on Friday. The company has a 50 day moving average price of $100.51 and a 200-day moving average price of $102.86. StoneX Group Inc. has a 52 week low of $53.52 and a 52 week high of $125.42. The firm has a market capitalization of $8.89 billion, a PE ratio of 20.03 and a beta of 0.64. 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 (NASDAQ:SNEX) last announced its quarterly earnings results on Wednesday, May 6th. The company reported $2.07 EPS for the quarter, topping analysts’ consensus estimates of $1.60 by $0.47. StoneX Group had a net margin of 0.30% and a return on equity of 19.31%. The firm had revenue of $826.40 million during the quarter, compared to analyst estimates of $1.37 billion. As a group, equities research analysts expect that StoneX Group Inc. will post 6 earnings per share for the current year.

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.