StoneX Group (NASDAQ:SNEX) Director Annabelle Bexiga Sells 1,500 Shares

StoneX Group Inc. (NASDAQ:SNEX) Director Annabelle Bexiga sold 1,500 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $133.36, for a total value of $200,040.00. Following the transaction, the director directly owned 20,188 shares in the company, valued at $2,692,271.68. This trade represents a 6.92% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

StoneX Group Stock Down 2.8%

Shares of NASDAQ:SNEX traded down $3.84 during trading on Tuesday, hitting $131.89. 1,505,291 shares of the company were exchanged, compared to its average volume of 697,201. The stock has a market cap of $10.45 billion, a price-to-earnings ratio of 23.57 and a beta of 0.64. StoneX Group Inc. has a fifty-two week low of $53.52 and a fifty-two week high of $139.24. The firm has a fifty day moving average price of $109.51 and a two-hundred day moving average price of $106.45. The company has a current ratio of 1.74, a quick ratio of 1.33 and a debt-to-equity ratio of 1.27.

StoneX Group shares are set to split before the market opens on Monday, July 20th. The 3-2 split was announced on Tuesday, May 26th. The newly created shares will be payable to shareholders after the closing bell on Friday, July 17th.

StoneX Group (NASDAQ:SNEX) last posted its quarterly earnings results on Wednesday, May 6th. The company reported $2.07 earnings per share for the quarter, topping the consensus estimate of $1.60 by $0.47. The firm had revenue of $826.40 million for the quarter, compared to analyst estimates of $1.37 billion. StoneX Group had a return on equity of 19.31% and a net margin of 0.30%. As a group, research analysts anticipate that StoneX Group Inc. will post 6 earnings per share for the current fiscal year.

Analyst Ratings Changes

SNEX has been the topic of a number of recent analyst reports. Weiss Ratings reissued a “buy (b-)” rating on shares of StoneX Group in a report on Friday, May 22nd. Zacks Research raised StoneX Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 5th. William Blair reissued an “outperform” rating on shares of StoneX Group in a report on Monday, March 9th. Finally, Wall Street Zen raised StoneX Group from a “hold” rating to a “buy” rating in a report on Sunday, April 5th. One equities research analyst has rated the stock with a Strong Buy rating and three have assigned a Buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $122.00.

Key Stories Impacting StoneX Group

Here are the key news stories impacting StoneX Group this week:

• Positive Sentiment: StoneX shares hit a new 12-month high and recently jumped sharply on above-average trading volume, suggesting strong investor demand and continued bullish momentum. StoneX Group (SNEX) Soars 3.9%: Is Further Upside Left in the Stock?
• Neutral Sentiment: The company is still benefiting from its recent earnings beat, which showed adjusted EPS above expectations, though revenue came in below forecasts. That mixed report may be limiting how far the rally can extend.
• Neutral Sentiment: StoneX has also announced a 3-for-2 stock split scheduled for July 20, which can add attention to the stock and support trading interest, but does not change fundamentals.
• Negative Sentiment: Several insiders sold shares this week, including Chairman Sean Michael O’Connor, CFO William Dunaway, President Charles M. Lyon, and Director Annabelle G. Bexiga. While the sales were disclosed under pre-arranged 10b5-1 plans, the volume of insider selling may create some caution among investors. Insider Selling: StoneX Group (NASDAQ:SNEX) CFO Sells 63,602 Shares of Stock

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Bessemer Group Inc. lifted its position in shares of StoneX Group by 1,562.1% during the 4th quarter. Bessemer Group Inc. now owns 164,249 shares of the company’s stock valued at $15,626,000 after acquiring an additional 154,367 shares during the period. Leuthold Group LLC lifted its position in shares of StoneX Group by 834.0% during the 4th quarter. Leuthold Group LLC now owns 30,487 shares of the company’s stock valued at $2,900,000 after acquiring an additional 27,223 shares during the period. Vanguard Group Inc. lifted its position in shares of StoneX Group by 0.3% during the 4th quarter. Vanguard Group Inc. now owns 4,031,545 shares of the company’s stock valued at $383,521,000 after acquiring an additional 11,240 shares during the period. Northwestern Mutual Wealth Management Co. lifted its position in shares of StoneX Group by 18,363.4% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 26,772 shares of the company’s stock valued at $2,547,000 after acquiring an additional 26,627 shares during the period. Finally, Citigroup Inc. lifted its position in shares of StoneX Group by 10.8% during the 3rd quarter. Citigroup Inc. now owns 84,455 shares of the company’s stock valued at $8,523,000 after acquiring an additional 8,209 shares during the period. 75.93% of the stock is owned by institutional investors and hedge funds.

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.