StoneX Group (NASDAQ:SNEX) Downgraded to Hold Rating by Zacks Research

Posted by Stanley Muller on Jul 8th, 2026

Zacks Research cut shares of StoneX Group (NASDAQ:SNEX – Free Report) from a strong-buy rating to a hold rating in a research report sent to investors on Monday,Zacks.com reports.

A number of other equities research analysts have also recently commented on SNEX. William Blair reissued an “outperform” rating on shares of StoneX Group in a report on Monday, March 9th. Weiss Ratings upgraded StoneX Group from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, June 29th. Finally, Wall Street Zen raised StoneX Group from a “hold” rating to a “buy” rating in a research note on Sunday, April 5th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $122.00.

Read Our Latest Report on StoneX Group

StoneX Group Price Performance

Shares of NASDAQ:SNEX opened at $121.49 on Monday. The company has a market capitalization of $9.63 billion, a P/E ratio of 21.71 and a beta of 0.65. StoneX Group has a 1-year low of $53.52 and a 1-year high of $141.99. The firm’s 50 day simple moving average is $119.47 and its two-hundred day simple moving average is $110.47. The company has a debt-to-equity ratio of 1.27, a current ratio of 1.74 and a quick ratio of 1.33.

StoneX Group’s stock is set to split on Monday, July 20th. The 3-2 split was announced on Tuesday, May 26th. The newly issued shares will be issued to shareholders after the market closes on Friday, July 17th.

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

Insider Activity at StoneX Group

In other news, CEO Philip Andrew Smith sold 51,540 shares of the firm’s stock in a transaction dated Tuesday, June 30th. The stock was sold at an average price of $118.72, for a total transaction of $6,118,828.80. Following the completion of the transaction, the chief executive officer owned 492,144 shares in the company, valued at $58,427,335.68. This trade represents a 9.48% 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. Also, Chairman Sean Michael Oconnor sold 140,070 shares of the business’s stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $110.31, for a total value of $15,451,121.70. Following the completion of the sale, the chairman owned 1,236,921 shares in the company, valued at $136,444,755.51. This represents a 10.17% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 764,019 shares of company stock worth $90,547,797 over the last 90 days. Company insiders own 11.79% of the company’s stock.

Institutional Trading of StoneX Group

Several hedge funds have recently modified their holdings of SNEX. Cassaday & Co Wealth Management LLC bought a new stake in StoneX Group in the first quarter worth $34,000. Transamerica Financial Advisors LLC lifted its position in StoneX Group by 183.0% during the fourth quarter. Transamerica Financial Advisors LLC now owns 433 shares of the company’s stock valued at $41,000 after purchasing an additional 280 shares during the last quarter. Sterling Capital Management LLC lifted its position in StoneX Group by 48.7% during the first quarter. Sterling Capital Management LLC now owns 476 shares of the company’s stock valued at $38,000 after purchasing an additional 156 shares during the last quarter. Basecamp Wealth Advisors LLC grew its stake in shares of StoneX Group by 49.7% in the 1st quarter. Basecamp Wealth Advisors LLC now owns 512 shares of the company’s stock worth $41,000 after buying an additional 170 shares in the last quarter. Finally, International Assets Investment Management LLC purchased a new position in shares of StoneX Group in the 4th quarter worth $50,000. 75.93% of the stock is owned by hedge funds and other institutional investors.

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.