StoneX Group (NASDAQ:SNEX) Insider Diego Rotsztain Sells 20,298 Shares of Stock

StoneX Group Inc. (NASDAQ:SNEX) insider Diego Rotsztain sold 20,298 shares of the company’s stock in a transaction on Wednesday, September 16th. The stock was sold at an average price of $67.13, for a total transaction of $1,362,604.74. Following the completion of the transaction, the insider directly owned 34,870 shares of the company’s stock, valued at approximately $2,340,823.10. The trade was a 36.79% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Diego Rotsztain also recently made the following trade(s):

• On Monday, September 14th, Diego Rotsztain sold 30,327 shares of StoneX Group stock. The shares were sold at an average price of $68.83, for a total value of $2,087,407.41.
• On Wednesday, July 22nd, Diego Rotsztain sold 29,995 shares of StoneX Group stock. The shares were sold at an average price of $74.32, for a total value of $2,229,228.40.
• On Friday, July 24th, Diego Rotsztain sold 20,630 shares of StoneX Group stock. The shares were sold at an average price of $74.40, for a total value of $1,534,872.00.

StoneX Group Stock Up 1.1%

SNEX stock opened at $67.61 on Thursday. The company has a debt-to-equity ratio of 1.45, a current ratio of 1.82 and a quick ratio of 1.39. The stock has a market capitalization of $8.16 billion, a P/E ratio of 16.14 and a beta of 0.63. StoneX Group Inc. has a fifty-two week low of $36.45 and a fifty-two week high of $94.66. The business has a 50-day moving average of $70.80 and a 200-day moving average of $72.62.

StoneX Group (NASDAQ:SNEX) last announced its earnings results on Wednesday, August 5th. The company reported $1.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.86 by $0.14. The business had revenue of $39.71 billion for the quarter, compared to analyst estimates of $1.32 billion. StoneX Group had a return on equity of 20.18% and a net margin of 0.33%. On average, sell-side analysts anticipate that StoneX Group Inc. will post 4.35 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

SNEX has been the topic of a number of research reports. Wall Street Zen lowered shares of StoneX Group from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. Zacks Research raised shares of StoneX Group from a “hold” rating to a “strong-buy” rating in a research report on Friday, August 7th. Weiss Ratings upgraded shares of StoneX Group from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday. Finally, Jefferies Financial Group cut shares of StoneX Group from a “buy” rating to a “hold” rating and cut 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 given a Hold rating to the company’s stock. According to MarketBeat, StoneX Group presently has an average rating of “Buy” and a consensus target price of $112.00.

StoneX Group News Summary

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

• Positive Sentiment: Analyst and institutional support: Weiss Ratings upgraded StoneX Group from “hold” to “buy,” while recent filings show substantial purchases by BlackRock, Wasatch Advisors, Dimensional Fund Advisors, Punch & Associates, and Bank of America. Institutional investors own approximately 75.9% of the shares. StoneX: Too Far Too Fast?
• Positive Sentiment: Latest earnings exceeded expectations: StoneX reported quarterly EPS of $1.00, beating the $0.86 consensus estimate. Analysts expect full-year EPS of approximately $4.35, and the stock’s average analyst rating remains “Buy,” with a reported average price target of $112.
• Neutral Sentiment: Planned insider sales: Executives Diego Rotsztain, Abigail Perkins, and Mark Maurer collectively sold more than 190,000 shares during September 14–16 for roughly $13.1 million. Because the sales were executed under pre-arranged 10b5-1 plans, they may reflect scheduled diversification rather than a fresh negative view of StoneX’s outlook. SEC insider transaction filing
• Negative Sentiment: Repeated selling and technical weakness: Mark Maurer sold shares in multiple transactions, reducing his position by more than one-third across the latest reported sales. SNEX is also trading below its 50-day and 200-day moving averages, which could reinforce concerns that the shares have pulled back after a strong advance.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in SNEX. Sterling Capital Management LLC grew its stake 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 valued at $38,000 after buying an additional 156 shares in the last quarter. Basecamp Wealth Advisors LLC increased its holdings in StoneX Group by 49.7% during the first quarter. Basecamp Wealth Advisors LLC now owns 512 shares of the company’s stock worth $41,000 after buying an additional 170 shares during the last quarter. Oregon Public Employees Retirement Fund raised its position in StoneX Group by 1.8% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 10,650 shares of the company’s stock worth $1,013,000 after acquiring an additional 193 shares in the last quarter. BayBridge Capital Group LLC raised its position in StoneX Group by 5.3% during the second quarter. BayBridge Capital Group LLC now owns 4,166 shares of the company’s stock worth $494,000 after acquiring an additional 208 shares in the last quarter. Finally, Rakuten Securities Inc. acquired a new stake in StoneX Group in the second quarter valued at $26,000. Institutional investors and hedge funds own 75.93% of the company’s stock.

StoneX Group Company Profile

StoneX Group Inc (NASDAQ: SNEX) is a global financial services company that provides execution, clearing, market-making, advisory and risk-management services across a range of markets. Its clients include commercial and industrial businesses, institutional investors, broker-dealers, asset managers, professional traders and retail investors.

The company’s offerings include futures and options trading, securities execution and clearing, foreign exchange, global payments, commodities trading and hedging, and access to physical commodities markets.