StoneX Group Inc. (NASDAQ:SNEX) CEO Philip Andrew Smith Sells 7,457 Shares

StoneX Group Inc. (NASDAQ:SNEX) CEO Philip Andrew Smith sold 7,457 shares of the firm’s stock in a transaction on Monday, May 5th. The stock was sold at an average price of $93.26, for a total value of $695,439.82. Following the completion of the transaction, the chief executive officer now owns 335,254 shares in the company, valued at $31,265,788.04. This represents a 2.18 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Philip Andrew Smith also recently made the following trade(s):

• On Thursday, April 17th, Philip Andrew Smith sold 40,553 shares of StoneX Group stock. The stock was sold at an average price of $80.30, for a total value of $3,256,405.90.
• On Tuesday, April 15th, Philip Andrew Smith sold 4,447 shares of StoneX Group stock. The shares were sold at an average price of $80.07, for a total value of $356,071.29.
• On Friday, April 4th, Philip Andrew Smith sold 9,000 shares of StoneX Group stock. The shares were sold at an average price of $69.56, for a total transaction of $626,040.00.

StoneX Group Trading Up 1.1 %

NASDAQ SNEX opened at $93.41 on Wednesday. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.77 and a quick ratio of 1.29. The stock’s 50-day moving average is $79.21 and its 200-day moving average is $72.52. StoneX Group Inc. has a one year low of $46.43 and a one year high of $94.90. The firm has a market cap of $4.50 billion, a P/E ratio of 11.16 and a beta of 0.63.

StoneX Group (NASDAQ:SNEX) last issued its quarterly earnings data on Wednesday, February 5th. The company reported $1.69 EPS for the quarter, topping analysts’ consensus estimates of $1.43 by $0.26. StoneX Group had a net margin of 0.26% and a return on equity of 16.83%. Sell-side analysts anticipate that StoneX Group Inc. will post 8.7 earnings per share for the current fiscal year.

Institutional Trading of StoneX Group

Institutional investors have recently modified their holdings of the company. Kestra Investment Management LLC bought a new position in shares of StoneX Group during the 4th quarter worth approximately $31,000. GAMMA Investing LLC increased its position in shares of StoneX Group by 92.7% in the first quarter. GAMMA Investing LLC now owns 742 shares of the company’s stock valued at $57,000 after acquiring an additional 357 shares during the last quarter. IFP Advisors Inc boosted its position in StoneX Group by 74,100.0% during the first quarter. IFP Advisors Inc now owns 742 shares of the company’s stock valued at $57,000 after purchasing an additional 741 shares during the last quarter. CWM LLC grew its stake in StoneX Group by 78.4% in the first quarter. CWM LLC now owns 808 shares of the company’s stock valued at $62,000 after purchasing an additional 355 shares in the last quarter. Finally, Smartleaf Asset Management LLC boosted its holdings in shares of StoneX Group by 250.8% in the 4th quarter. Smartleaf Asset Management LLC now owns 656 shares of the company’s stock valued at $64,000 after buying an additional 469 shares during the last quarter. 75.93% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, William Blair assumed coverage on shares of StoneX Group in a research report on Wednesday, March 26th. They set an “outperform” rating on the stock.

StoneX Group Company Profile

StoneX Group Inc operates as a global financial services network that connects companies, organizations, traders, and investors to market ecosystem worldwide. The company operates through Commercial, Institutional, Retail, and Global Payments segments. The Commercial segment provides risk management and hedging, exchange-traded and OTC products execution and clearing, voice brokerage, market intelligence, physical trading, and commodity financing and logistics services.