StoneX Group Inc. (NASDAQ:SNEX – Get Free Report) Chairman Sean Michael Oconnor sold 75,000 shares of the stock in a transaction on Monday, June 15th. The shares were sold at an average price of $135.42, for a total transaction of $10,156,500.00. Following the transaction, the chairman directly owned 1,086,921 shares in the company, valued at approximately $147,190,841.82. This represents a 6.45% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
Sean Michael Oconnor also recently made the following trade(s):
- On Friday, June 12th, Sean Michael Oconnor sold 75,000 shares of StoneX Group stock. The shares were sold at an average price of $131.15, for a total transaction of $9,836,250.00.
- On Tuesday, May 19th, Sean Michael Oconnor sold 72,140 shares of StoneX Group stock. The shares were sold at an average price of $109.94, for a total transaction of $7,931,071.60.
- On Friday, May 15th, Sean Michael Oconnor sold 140,070 shares of StoneX Group stock. The shares were sold at an average price of $110.31, for a total transaction of $15,451,121.70.
- On Monday, May 18th, Sean Michael Oconnor sold 87,790 shares of StoneX Group stock. The shares were sold at an average price of $111.46, for a total transaction of $9,785,073.40.
StoneX Group Trading Down 2.8%
Shares of SNEX opened at $131.90 on Wednesday. The stock has a market capitalization of $10.45 billion, a P/E ratio of 23.57 and a beta of 0.64. The company has a quick ratio of 1.33, a current ratio of 1.74 and a debt-to-equity ratio of 1.27. The firm has a fifty day simple moving average of $110.46 and a two-hundred day simple moving average of $106.74. StoneX Group Inc. has a twelve month low of $53.52 and a twelve month high of $139.24.
StoneX Group (NASDAQ:SNEX – Get Free Report) last announced its quarterly earnings results on Wednesday, May 6th. The company reported $2.07 earnings per share for the quarter, beating the consensus estimate of $1.60 by $0.47. The business had revenue of $826.40 million during the quarter, compared to analysts’ expectations of $1.37 billion. StoneX Group had a net margin of 0.30% and a return on equity of 19.31%. On average, research analysts anticipate that StoneX Group Inc. will post 6 EPS for the current year.
Trending Headlines about StoneX Group
Here are the key news stories impacting StoneX Group this week:
- Positive Sentiment: StoneX recently hit a new 12-month high, reflecting strong recent investor demand and momentum in the shares. StoneX Group (NASDAQ:SNEX) Hits New 12-Month High – Should You Buy?
- Positive Sentiment: The stock had a strong prior-session move with above-average volume, suggesting traders are still responding favorably to recent earnings results and analyst sentiment. StoneX Group (SNEX) Soars 3.9%: Is Further Upside Left in the Stock?
- Neutral Sentiment: The company announced a 3-for-2 stock split scheduled for July 20, which can improve trading liquidity and attention but does not change fundamentals. StoneX Group insider trades page
- Negative Sentiment: Chairman Sean Michael Oconnor sold 150,000 shares in two transactions, CFO William Dunaway sold 63,602 shares, President Charles M. Lyon sold 9,000 shares, and Director Annabelle G. Bexiga sold 1,500 shares, adding to concerns that insiders may be taking profits after the recent rally. SEC filing
Analyst Ratings Changes
SNEX has been the subject of several analyst reports. Weiss Ratings reissued a “buy (b-)” rating on shares of StoneX Group in a research report on Friday, May 22nd. Zacks Research raised shares of StoneX Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 5th. William Blair reaffirmed an “outperform” rating on shares of StoneX Group in a research report on Monday, March 9th. Finally, Wall Street Zen raised shares of StoneX Group from a “hold” rating to a “buy” rating in a research report on Sunday, April 5th. One analyst has rated the stock with a Strong Buy rating and three have given a Buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of $122.00.
Get Our Latest Stock Report on SNEX
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of SNEX. AlphaQuest LLC increased its stake in shares of StoneX Group by 28,000.0% in the 3rd quarter. AlphaQuest LLC now owns 281 shares of the company’s stock worth $28,000 after acquiring an additional 280 shares in the last quarter. Cassaday & Co Wealth Management LLC bought a new position in shares of StoneX Group in the 1st quarter worth about $34,000. Sterling Capital Management LLC increased its stake in shares of StoneX Group by 48.8% in the 1st quarter. Sterling Capital Management LLC now owns 476 shares of the company’s stock worth $38,000 after acquiring an additional 156 shares in the last quarter. Transamerica Financial Advisors LLC increased its stake in shares of StoneX Group by 183.0% in the 4th quarter. Transamerica Financial Advisors LLC now owns 433 shares of the company’s stock worth $41,000 after acquiring an additional 280 shares in the last quarter. 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 currently owned by institutional investors.
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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