Aaron Schroeder Sells 3,500 Shares of StoneX Group (NASDAQ:SNEX) Stock

StoneX Group Inc. (NASDAQ:SNEXGet Free Report) CAO Aaron Schroeder sold 3,500 shares of StoneX Group stock in a transaction on Monday, May 11th. The shares were sold at an average price of $122.65, for a total transaction of $429,275.00. Following the transaction, the chief accounting officer owned 51,481 shares in the company, valued at approximately $6,314,144.65. This trade represents a 6.37% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

StoneX Group Stock Down 4.1%

Shares of SNEX opened at $116.81 on Wednesday. The business’s 50 day moving average is $101.11 and its 200 day moving average is $101.99. 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 Inc. has a 12-month low of $53.52 and a 12-month high of $125.42. The company has a market capitalization of $9.26 billion, a PE ratio of 20.87 and a beta of 0.64.

StoneX Group (NASDAQ:SNEXGet Free Report) last announced its quarterly earnings results on Wednesday, May 6th. The company reported $2.07 EPS for the quarter, topping the consensus estimate of $1.60 by $0.47. StoneX Group had a net margin of 0.30% and a return on equity of 19.31%. The business had revenue of $826.40 million for the quarter, compared to analysts’ expectations of $1.37 billion. Research analysts expect that StoneX Group Inc. will post 6 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

SNEX has been the subject of a number of recent research reports. Weiss Ratings raised shares of StoneX Group from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, February 23rd. Zacks Research raised shares of StoneX Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 5th. Wall Street Zen raised shares of StoneX Group from a “hold” rating to a “buy” rating in a research note on Sunday, April 5th. William Blair restated an “outperform” rating on shares of StoneX Group in a report on Monday, March 9th. Finally, Jefferies Financial Group upped their target price on shares of StoneX Group from $99.00 to $122.00 and gave the company a “buy” rating in a research report on Monday, February 2nd. One equities research analyst has rated the stock with a Strong Buy rating and three have given a Buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of $122.00.

Check Out Our Latest Analysis on SNEX

Institutional Trading of StoneX Group

Several hedge funds and other institutional investors have recently bought and sold shares of SNEX. Cornerstone Planning Group LLC lifted its position in StoneX Group by 4,133.3% in the third quarter. Cornerstone Planning Group LLC now owns 254 shares of the company’s stock worth $26,000 after buying an additional 248 shares during the last quarter. Cullen Frost Bankers Inc. raised its stake in shares of StoneX Group by 1,100.0% in the third quarter. Cullen Frost Bankers Inc. now owns 264 shares of the company’s stock valued at $27,000 after acquiring an additional 242 shares during the period. AlphaQuest LLC lifted its holdings in shares of StoneX Group by 28,000.0% in the 3rd quarter. AlphaQuest LLC now owns 281 shares of the company’s stock worth $28,000 after acquiring an additional 280 shares during the last quarter. Cassaday & Co Wealth Management LLC bought a new stake in shares of StoneX Group in the 1st quarter worth about $34,000. Finally, Transamerica Financial Advisors LLC boosted its stake in shares of 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 period. Hedge funds and other institutional investors own 75.93% of the company’s stock.

StoneX Group Company Profile

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for StoneX Group (NASDAQ:SNEX)

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