StoneX Group Inc. (NASDAQ:SNEX – Get Free Report) insider Diego Rotsztain sold 13,696 shares of the firm’s stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $112.79, for a total value of $1,544,771.84. Following the transaction, the insider directly owned 23,247 shares in the company, valued at approximately $2,622,029.13. This represents a 37.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through 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 Monday, May 18th, Diego Rotsztain sold 20,054 shares of StoneX Group stock. The shares were sold at an average price of $111.48, for a total value of $2,235,619.92.
StoneX Group Stock Performance
Shares of NASDAQ SNEX opened at $112.12 on Friday. The stock has a market cap of $8.89 billion, a price-to-earnings ratio of 20.03 and a beta of 0.64. 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 1-year low of $53.52 and a 1-year high of $125.42. The stock’s 50-day moving average is $100.51 and its 200 day moving average is $102.86.
Key Stories Impacting StoneX Group
Here are the key news stories impacting StoneX Group this week:
- Positive Sentiment: Zacks added StoneX Group to its Strong Buy list, which may have helped support sentiment as investors look for analyst upgrades and improving expectations. New Strong Buy Stocks for May 21st
- Positive Sentiment: The company’s subsidiary, The Benchmark Company, announced the inaugural Benchmark-StoneX Quantum Computing Summit, highlighting StoneX’s effort to grow its investment-banking and research franchise in a fast-growing technology niche. The Benchmark Company Announces Inaugural Quantum Computing Summit
- Positive Sentiment: StoneX also announced the expansion of its Birmingham, Alabama presence, reinforcing a key operating hub that supports clearing and broader global operations. StoneX Expands Birmingham Presence, Reinforcing Its Role as a Strategic Operating Hub
- Neutral Sentiment: Two insider-sale headlines involving Chief Governance/Legal Officer Diego Rotsztain added to recent selling activity, but both trades were disclosed as part of a pre-arranged 10b5-1 plan, which can reduce the bearish signal. Diego Rotsztain Sells 13,696 Shares of StoneX Group (NASDAQ:SNEX) Stock Diego Rotsztain Sells 20,054 Shares of StoneX Group (NASDAQ:SNEX) Stock
- Negative Sentiment: Recent headline risk remains from broader insider selling by executives, which may weigh on sentiment even though some sales are routine and pre-planned. Insider Selling: StoneX Group (NASDAQ:SNEX) Insider Sells 13,696 Shares of Stock
Institutional Trading of StoneX Group
Large investors have recently modified their holdings of the business. Cornerstone Planning Group LLC grew its stake in shares of 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 purchasing an additional 248 shares during the last quarter. Cullen Frost Bankers Inc. increased its stake in shares of StoneX Group by 1,100.0% during the third quarter. Cullen Frost Bankers Inc. now owns 264 shares of the company’s stock valued at $27,000 after buying an additional 242 shares during the period. AlphaQuest LLC increased its stake in shares of StoneX Group by 28,000.0% during the third quarter. AlphaQuest LLC now owns 281 shares of the company’s stock valued at $28,000 after buying an additional 280 shares during the period. Cassaday & Co Wealth Management LLC purchased a new position in shares of StoneX Group during the first quarter valued at approximately $34,000. Finally, Transamerica Financial Advisors LLC increased its stake 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 valued at $41,000 after buying an additional 280 shares during the period. 75.93% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
A number of equities analysts have commented on SNEX shares. Weiss Ratings raised StoneX Group from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, February 23rd. Jefferies Financial Group lifted their price target on StoneX Group from $99.00 to $122.00 and gave the stock a “buy” rating in a research note on Monday, February 2nd. Wall Street Zen raised StoneX Group from a “hold” rating to a “buy” rating in a research note on Sunday, April 5th. William Blair reaffirmed an “outperform” rating on shares of StoneX Group in a research note on Monday, March 9th. Finally, Zacks Research raised StoneX Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 5th. One equities 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, the stock has an average rating of “Buy” and a consensus price target of $122.00.
Read Our Latest Analysis 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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