StoneX Group (NASDAQ:SNEX) Insider Sells $4,696,068.86 in Stock

StoneX Group Inc. (NASDAQ:SNEX) insider Mark Lowry Maurer sold 34,706 shares of the stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $135.31, for a total transaction of $4,696,068.86. Following the sale, the insider owned 147,038 shares in the company, valued at approximately $19,895,711.78. This trade represents a 19.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Mark Lowry Maurer also recently made the following trade(s):

• On Tuesday, June 16th, Mark Lowry Maurer sold 11,542 shares of StoneX Group stock. The stock was sold at an average price of $133.63, for a total transaction of $1,542,357.46.

StoneX Group Stock Up 0.6%

StoneX Group stock traded up $0.76 during mid-day trading on Wednesday, reaching $132.66. 1,449,425 shares of the company’s stock were exchanged, compared to its average volume of 703,752. The company has a market cap of $10.51 billion, a P/E ratio of 23.70 and a beta of 0.64. StoneX Group Inc. has a twelve month low of $53.52 and a twelve month high of $139.24. The company has a quick ratio of 1.33, a current ratio of 1.74 and a debt-to-equity ratio of 1.27. The company has a fifty day moving average of $110.46 and a 200-day moving average of $106.74.

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

StoneX Group (NASDAQ:SNEX) last released its earnings results on Wednesday, May 6th. The company reported $2.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.60 by $0.47. The company had revenue of $826.40 million for the quarter, compared to analyst estimates of $1.37 billion. StoneX Group had a net margin of 0.30% and a return on equity of 19.31%. Sell-side analysts expect that StoneX Group Inc. will post 6 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. AlphaQuest LLC grew its position in shares of StoneX Group by 28,000.0% in the 3rd quarter. AlphaQuest LLC now owns 281 shares of the company’s stock valued at $28,000 after buying an additional 280 shares during the last quarter. Cassaday & Co Wealth Management LLC purchased a new position in StoneX Group during the 1st quarter worth $34,000. Sterling Capital Management LLC grew its position in StoneX Group by 48.8% during the 1st quarter. Sterling Capital Management LLC now owns 476 shares of the company’s stock worth $38,000 after purchasing an additional 156 shares during the last quarter. Transamerica Financial Advisors LLC grew its position in StoneX Group by 183.0% during the 4th quarter. Transamerica Financial Advisors LLC now owns 433 shares of the company’s stock worth $41,000 after purchasing an additional 280 shares during the last quarter. Finally, International Assets Investment Management LLC purchased a new position in StoneX Group during the 4th quarter worth $50,000. 75.93% of the stock is owned by hedge funds and other institutional investors.

Key StoneX Group News

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

• Positive Sentiment: Recent analyst commentary highlights StoneX’s record results, acquisition-led scale, AI/trading expansion, and broad client activity as reasons the business momentum remains strong. StoneX Is Tapping AI, Trading Volatility and Global Expansion
• Positive Sentiment: SNEX recently hit a new 12-month high and had a strong prior-session move on above-average volume, showing continued investor demand and momentum. StoneX Group (NASDAQ:SNEX) Hits New 12-Month High – Should You Buy?
• Neutral Sentiment: The company’s announced 3-for-2 stock split due July 20 may improve trading liquidity and draw attention, but it does not change fundamentals.
• Neutral Sentiment: One Zacks note said StoneX’s sharp run has made valuation richer, so investors are watching for clean execution to justify the higher multiple. Is SNEX Stock Worth Buying After Its Sharp Run and Richer Valuation?
• Negative Sentiment: Several insiders sold shares, including Chairman Sean Michael O’Connor, CFO William Dunaway, President Charles M. Lyon, and Director Annabelle Bexiga, which can raise concerns that management is locking in gains after the rally. SEC filing

Analyst Upgrades and Downgrades

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

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.