StoneX Group (NASDAQ:SNEX) Insider Abigail Perkins Sells 4,500 Shares

StoneX Group Inc. (NASDAQ:SNEX) insider Abigail Perkins sold 4,500 shares of the business’s stock in a transaction on Monday, August 10th. The stock was sold at an average price of $64.81, for a total value of $291,645.00. Following the completion of the sale, the insider directly owned 96,663 shares in the company, valued at $6,264,729.03. This represents a 4.45% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

StoneX Group Trading Up 1.9%

Shares of SNEX stock opened at $65.97 on Wednesday. The stock has a 50-day simple moving average of $79.14 and a 200 day simple moving average of $74.77. StoneX Group Inc. has a fifty-two week low of $36.45 and a fifty-two week high of $94.66. The stock has a market capitalization of $7.96 billion, a P/E ratio of 15.75 and a beta of 0.66. The company has a quick ratio of 1.39, a current ratio of 1.82 and a debt-to-equity ratio of 1.45.

StoneX Group (NASDAQ:SNEX) last released its earnings results on Wednesday, August 5th. The company reported $1.00 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.86 by $0.14. StoneX Group had a return on equity of 20.18% and a net margin of 0.33%.The firm had revenue of $718.00 million for the quarter, compared to analyst estimates of $1.32 billion. On average, sell-side analysts expect that StoneX Group Inc. will post 4.35 earnings per share for the current fiscal year.

Hedge Funds Weigh In On StoneX Group

Hedge funds and other institutional investors have recently modified their holdings of the stock. Cassaday & Co Wealth Management LLC acquired a new stake in StoneX Group during the 1st quarter worth about $34,000. Sterling Capital Management LLC boosted its holdings in shares of StoneX Group by 48.7% in the first quarter. Sterling Capital Management LLC now owns 476 shares of the company’s stock worth $38,000 after buying an additional 156 shares during the period. Basecamp Wealth Advisors LLC increased its position in shares of StoneX Group by 49.7% in the first quarter. Basecamp Wealth Advisors LLC now owns 512 shares of the company’s stock worth $41,000 after acquiring an additional 170 shares in the last quarter. Transamerica Financial Advisors LLC increased its position in shares of StoneX Group by 183.0% in the fourth quarter. Transamerica Financial Advisors LLC now owns 433 shares of the company’s stock worth $41,000 after acquiring an additional 280 shares in the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of StoneX Group during the second quarter valued at approximately $42,000. Institutional investors and hedge funds own 75.93% of the company’s stock.

More StoneX Group News

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

• Positive Sentiment: Q3 earnings beat expectations. StoneX reported adjusted EPS of $1.00, ahead of the 82-cent analyst consensus, while revenue reached $1.468 billion versus the $661.8 million estimate. The results helped drive investor interest in the shares. What’s Going on With StoneX Shares on Tuesday?
• Positive Sentiment: R.J. O’Brien synergies are progressing. Synergies from the acquisition reached $38 million in the quarter and are moving toward a $50 million target, supporting the outlook for earnings growth and operating leverage. StoneX Q3 Earnings Surge as R.J. O’Brien Synergies Move Toward $50M
• Positive Sentiment: Director bought shares. Director Dhamu R. Thamodaran purchased 2,500 shares for approximately $161,200, increasing his stake by 3.41%. The purchase may signal confidence in StoneX’s valuation and longer-term prospects. SEC insider purchase filing
• Neutral Sentiment: Short-interest data appears unreliable. The report lists short interest at zero shares and describes the change as “NaN,” making it unsuitable as a meaningful indicator of short-covering or bearish positioning.
• Negative Sentiment: Growth is balanced by execution and valuation risks. Analysts noted that retail weakness, rising costs, interest-rate sensitivity and credit risks could pressure margins. StoneX’s premium valuation also limits the margin of safety, despite robust earnings growth. SNEX Drops 14% in One Week: Is the Pullback a Buying Opportunity?
• Negative Sentiment: CEO insider sale adds a cautionary signal. Mark Lowry Maurer sold 52,648 shares for approximately $3.49 million, reducing his direct holdings by 18.18%. The transaction was conducted under a pre-arranged Rule 10b5-1 plan, which reduces its significance as a discretionary bearish signal. SEC insider sale filing

Analysts Set New Price Targets

A number of analysts recently commented on the stock. Zacks Research upgraded shares of StoneX Group from a “hold” rating to a “strong-buy” rating in a report on Friday, August 7th. Weiss Ratings cut shares of StoneX Group from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, July 17th. Wall Street Zen lowered shares of StoneX Group from a “buy” rating to a “hold” rating in a research report on Saturday. Finally, Jefferies Financial Group lowered shares of StoneX Group from a “buy” rating to a “hold” rating and decreased their price target for the stock from $123.00 to $112.00 in a research report on Monday, July 20th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $112.00.

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.