StoneX Group Inc. (NASDAQ:SNEX – Get Free Report) Director Dhamu Thamodaran purchased 2,500 shares of the company’s stock in a transaction dated Monday, August 10th. The stock was purchased at an average price of $64.48 per share, for a total transaction of $161,200.00. Following the transaction, the director directly owned 75,760 shares in the company, valued at approximately $4,885,004.80. This trade represents a 3.41% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.
StoneX Group Trading Up 1.9%
NASDAQ:SNEX opened at $65.97 on Wednesday. StoneX Group Inc. has a 52 week low of $36.45 and a 52 week high of $94.66. The company has a debt-to-equity ratio of 1.45, a quick ratio of 1.39 and a current ratio of 1.82. The firm’s fifty day moving average is $79.14 and its 200-day moving average is $74.77. The firm has a market cap of $7.96 billion, a P/E ratio of 15.75 and a beta of 0.66.
StoneX Group (NASDAQ:SNEX – Get Free Report) last announced its earnings results on Wednesday, August 5th. The company reported $1.00 earnings per share for the quarter, topping analysts’ consensus estimates of $0.86 by $0.14. The business had revenue of $718.00 million during the quarter, compared to the consensus estimate of $1.32 billion. StoneX Group had a net margin of 0.33% and a return on equity of 20.18%. Equities analysts expect that StoneX Group Inc. will post 4.35 earnings per share for the current year.
Key StoneX Group News
- Positive Sentiment: Q3 earnings beat expectations. StoneX reported adjusted EPS of $1.00, ahead of the 82-cent analyst consensus, while revenue reached $1.468 billion versus the $661.8 million estimate. The results helped drive investor interest in the shares. What’s Going on With StoneX Shares on Tuesday?
- Positive Sentiment: R.J. O’Brien synergies are progressing. Synergies from the acquisition reached $38 million in the quarter and are moving toward a $50 million target, supporting the outlook for earnings growth and operating leverage. StoneX Q3 Earnings Surge as R.J. O’Brien Synergies Move Toward $50M
- Positive Sentiment: Director bought shares. Director Dhamu R. Thamodaran purchased 2,500 shares for approximately $161,200, increasing his stake by 3.41%. The purchase may signal confidence in StoneX’s valuation and longer-term prospects. SEC insider purchase filing
- Neutral Sentiment: Short-interest data appears unreliable. The report lists short interest at zero shares and describes the change as “NaN,” making it unsuitable as a meaningful indicator of short-covering or bearish positioning.
- Negative Sentiment: Growth is balanced by execution and valuation risks. Analysts noted that retail weakness, rising costs, interest-rate sensitivity and credit risks could pressure margins. StoneX’s premium valuation also limits the margin of safety, despite robust earnings growth. SNEX Drops 14% in One Week: Is the Pullback a Buying Opportunity?
- Negative Sentiment: CEO insider sale adds a cautionary signal. Mark Lowry Maurer sold 52,648 shares for approximately $3.49 million, reducing his direct holdings by 18.18%. The transaction was conducted under a pre-arranged Rule 10b5-1 plan, which reduces its significance as a discretionary bearish signal. SEC insider sale filing
Institutional Investors Weigh In On StoneX Group
Large investors have recently bought and sold shares of the stock. Royal Bank of Canada raised its holdings in shares of StoneX Group by 129.0% during the first quarter. Royal Bank of Canada now owns 77,545 shares of the company’s stock valued at $5,923,000 after purchasing an additional 43,678 shares during the period. NewEdge Advisors LLC bought a new stake in StoneX Group in the 1st quarter valued at about $449,000. Goldman Sachs Group Inc. increased its position in StoneX Group by 6.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 225,711 shares of the company’s stock valued at $17,240,000 after buying an additional 13,815 shares in the last quarter. United Services Automobile Association acquired a new position in StoneX Group during the 1st quarter worth approximately $210,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in StoneX Group by 55.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 107,125 shares of the company’s stock worth $8,182,000 after acquiring an additional 38,073 shares in the last quarter. 75.93% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
SNEX has been the topic of a number of recent analyst reports. Weiss Ratings downgraded StoneX Group from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, July 17th. Zacks Research raised StoneX Group from a “hold” rating to a “strong-buy” rating in a research note on Friday, August 7th. Jefferies Financial Group downgraded StoneX Group from a “buy” rating to a “hold” rating and lowered their target price for the stock from $123.00 to $112.00 in a report on Monday, July 20th. Finally, Wall Street Zen downgraded StoneX Group from a “buy” rating to a “hold” rating in a report on Saturday. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, StoneX Group presently has a consensus rating of “Buy” and an average target price of $112.00.
View Our Latest Analysis on StoneX Group
About StoneX Group
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.
Further Reading
- Five stocks we like better than StoneX Group
- Atlassian Just Pulled Off the Software Comeback Wall Street Wanted
- AST SpaceMobile Earnings Just Reminded Investors How Risky Space Can Be
- NVIDIA’s Rally Sets Up a Bigger Test Ahead of Earnings
- Apple’s Next iPhone Could Test How Much Pricing Power Is Left
Receive News & Ratings for StoneX Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for StoneX Group and related companies with MarketBeat.com's FREE daily email newsletter.
