StoneX Group Inc. (NASDAQ:SNEX – Get Free Report) insider Mark Lowry Maurer sold 11,542 shares of StoneX Group stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $133.63, for a total transaction of $1,542,357.46. Following the sale, the insider directly owned 135,496 shares of the company’s stock, valued at $18,106,330.48. The trade was a 7.85% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Mark Lowry Maurer also recently made the following trade(s):
- On Monday, June 15th, Mark Lowry Maurer sold 34,706 shares of StoneX Group stock. The shares were sold at an average price of $135.31, for a total transaction of $4,696,068.86.
StoneX Group Stock Performance
Shares of SNEX stock opened at $139.01 on Friday. StoneX Group Inc. has a 12-month low of $53.52 and a 12-month high of $141.41. The company has a market capitalization of $11.02 billion, a PE ratio of 24.84 and a beta of 0.64. The firm has a 50 day moving average price of $113.39 and a two-hundred day moving average price of $107.59. The company has a quick ratio of 1.33, a current ratio of 1.74 and a debt-to-equity ratio of 1.27.
StoneX Group (NASDAQ:SNEX – Get Free Report) last announced its earnings results on Wednesday, May 6th. The company reported $2.07 earnings per share for the quarter, topping analysts’ consensus estimates of $1.60 by $0.47. The company had revenue of $826.40 million for the quarter, compared to analyst estimates of $1.37 billion. StoneX Group had a return on equity of 19.31% and a net margin of 0.30%. As a group, analysts predict that StoneX Group Inc. will post 6 earnings per share for the current year.
Institutional Trading of StoneX Group
Several large investors have recently modified their holdings of the stock. AlphaQuest LLC grew its stake in StoneX Group by 28,000.0% during the third quarter. AlphaQuest LLC now owns 281 shares of the company’s stock worth $28,000 after buying an additional 280 shares in the last quarter. Cassaday & Co Wealth Management LLC bought a new position in StoneX Group in the 1st quarter valued at about $34,000. Sterling Capital Management LLC raised its position in shares of StoneX Group by 48.7% in the 1st quarter. Sterling Capital Management LLC now owns 476 shares of the company’s stock valued at $38,000 after buying an additional 156 shares in the last quarter. Transamerica Financial Advisors LLC raised its position 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 valued at $41,000 after buying an additional 280 shares in the last quarter. Finally, International Assets Investment Management LLC bought a new stake in shares of StoneX Group during the 4th quarter worth approximately $50,000. 75.93% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of equities research analysts have recently issued reports on SNEX shares. 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 reiterated an “outperform” rating on shares of StoneX Group in a research note on Monday, March 9th. Weiss Ratings reissued a “buy (b-)” rating on shares of StoneX Group in a report on Friday, May 22nd. Finally, Wall Street Zen upgraded shares of StoneX Group from a “hold” rating to a “buy” rating in a research report on Sunday, April 5th. One investment analyst has rated the stock with a Strong Buy rating and three have assigned a Buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Buy” and an average price target of $122.00.
Read Our Latest Analysis on SNEX
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.
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