StoneX Group Inc. (NASDAQ:SNEX – Get Free Report) insider Diego Rotsztain sold 29,995 shares of the firm’s stock in a transaction on Wednesday, July 22nd. The shares were sold at an average price of $74.32, for a total value of $2,229,228.40. Following the transaction, the insider directly owned 55,500 shares of the company’s stock, valued at $4,124,760. This represents a 35.08% decrease in their position. 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 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 transaction of $1,534,872.00.
- On Wednesday, May 20th, Diego Rotsztain sold 20,544 shares of StoneX Group stock. The stock was sold at an average price of $75.19, for a total transaction of $1,544,771.84.
- On Monday, May 18th, Diego Rotsztain sold 30,081 shares of StoneX Group stock. The shares were sold at an average price of $74.32, for a total transaction of $2,235,619.92.
StoneX Group Trading Up 7.7%
NASDAQ:SNEX opened at $77.62 on Friday. StoneX Group Inc. has a one year low of $35.68 and a one year high of $94.66. The company has a debt-to-equity ratio of 1.27, a current ratio of 1.74 and a quick ratio of 1.33. The company’s 50-day simple moving average is $79.79 and its 200 day simple moving average is $74.75. The firm has a market capitalization of $9.23 billion, a P/E ratio of 20.80 and a beta of 0.65.
Institutional Trading of StoneX Group
Several institutional investors have recently added to or reduced their stakes in the business. Choreo LLC lifted its holdings in shares of StoneX Group by 4.5% during the fourth quarter. Choreo LLC now owns 2,764 shares of the company’s stock valued at $270,000 after purchasing an additional 118 shares in the last quarter. Lido Advisors LLC increased its holdings in StoneX Group by 3.2% in the 4th quarter. Lido Advisors LLC now owns 4,050 shares of the company’s stock worth $403,000 after buying an additional 125 shares in the last quarter. Maryland State Retirement & Pension System raised its position in StoneX Group by 2.2% in the 4th quarter. Maryland State Retirement & Pension System now owns 6,818 shares of the company’s stock worth $649,000 after buying an additional 144 shares during the last quarter. Sterling Capital Management LLC lifted its stake in StoneX Group by 48.7% during the 1st quarter. Sterling Capital Management LLC now owns 476 shares of the company’s stock valued at $38,000 after acquiring an additional 156 shares during the period. Finally, Corient Private Wealth LLC boosted its holdings in shares of StoneX Group by 5.8% during the 4th quarter. Corient Private Wealth LLC now owns 2,993 shares of the company’s stock valued at $285,000 after acquiring an additional 163 shares during the last quarter. 75.93% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
A number of research analysts recently weighed in on SNEX shares. Jefferies Financial Group lowered StoneX Group from a “buy” rating to a “hold” rating and reduced their price objective for the company from $123.00 to $112.00 in a research report on Monday, July 20th. Wall Street Zen raised StoneX Group from a “hold” rating to a “buy” rating in a research note on Sunday, April 5th. Zacks Research downgraded StoneX Group from a “strong-buy” rating to a “hold” rating in a report on Monday, July 6th. Finally, Weiss Ratings cut shares of StoneX Group from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, July 17th. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $112.00.
Check Out Our Latest Research Report on StoneX Group
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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