StoneX Group Inc. (NASDAQ:SNEX – Get Free Report) insider Mark Lowry Maurer sold 34,706 shares of the business’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $135.31, for a total value of $4,696,068.86. Following the completion of the transaction, 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 position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 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 shares were sold at an average price of $133.63, for a total value of $1,542,357.46.
StoneX Group Price Performance
Shares of NASDAQ SNEX opened at $139.01 on Friday. The company has a quick ratio of 1.33, a current ratio of 1.74 and a debt-to-equity ratio of 1.27. StoneX Group Inc. has a fifty-two week low of $53.52 and a fifty-two week high of $141.41. The business has a 50 day moving average price of $112.45 and a two-hundred day moving average price of $107.37. The firm has a market cap of $11.02 billion, a PE ratio of 24.84 and a beta of 0.64.
StoneX Group (NASDAQ:SNEX – Get Free Report) last announced its earnings results on Wednesday, May 6th. The company reported $2.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.60 by $0.47. StoneX Group had a return on equity of 19.31% and a net margin of 0.30%.The company had revenue of $826.40 million for the quarter, compared to analyst estimates of $1.37 billion. Sell-side analysts expect that StoneX Group Inc. will post 6 earnings per share for the current fiscal year.
Institutional Investors Weigh In On StoneX Group
Several institutional investors and hedge funds have recently made changes to their positions in the company. AlphaQuest LLC boosted its holdings in StoneX Group by 28,000.0% in the third quarter. AlphaQuest LLC now owns 281 shares of the company’s stock worth $28,000 after purchasing an additional 280 shares during the period. Cassaday & Co Wealth Management LLC bought a new stake in StoneX Group during the first quarter valued at $34,000. Transamerica Financial Advisors LLC raised its holdings in shares of StoneX Group by 183.0% during the fourth 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. Sterling Capital Management LLC raised its holdings in shares of StoneX Group by 48.7% during the first 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 period. Finally, International Assets Investment Management LLC bought a new position in shares of StoneX Group in the 4th quarter worth about $50,000. 75.93% of the stock is owned by institutional investors and hedge funds.
Trending Headlines about StoneX Group
Here are the key news stories impacting StoneX Group this week:
- Positive Sentiment: Recent Zacks commentary pointed to StoneX’s record results, acquisition-related growth, AI trading initiatives, and global expansion as reasons investors remain constructive on SNEX. StoneX Is Tapping AI, Trading Volatility and Global Expansion
- Positive Sentiment: Analysts continue to view StoneX favorably after its last earnings report beat EPS expectations, reinforcing the stock’s recent momentum. Is SNEX Stock Worth Buying After Its Sharp Run and Richer Valuation?
- Neutral Sentiment: StoneX’s planned 3-for-2 stock split on July 20 could improve liquidity and broaden investor interest, but it does not change the company’s fundamentals. StoneX Group insider trades page
- Negative Sentiment: Insider selling has been notable, with Director Annabelle Bexiga and insider Mark Lowry Maurer both selling shares, adding to sentiment concerns that some executives may be taking profits after the recent rally. SEC filing
Wall Street Analyst Weigh In
Several research analysts have weighed in on SNEX shares. Weiss Ratings reissued a “buy (b-)” rating on shares of StoneX Group in a report on Friday, May 22nd. Zacks Research upgraded shares of StoneX Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 5th. Wall Street Zen upgraded shares of StoneX Group from a “hold” rating to a “buy” rating in a research note on Sunday, April 5th. Finally, William Blair reaffirmed an “outperform” rating on shares of StoneX Group in a research report on Monday, March 9th. One research analyst has rated the stock with a Strong Buy rating and three have assigned a Buy rating to the company. According to data from MarketBeat.com, StoneX Group has an average rating of “Buy” and a consensus price target of $122.00.
View Our Latest Stock Report on SNEX
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.
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