INTL Fcstone Inc (NASDAQ:INTL) CEO Sells $231,759.40 in Stock

INTL Fcstone Inc (NASDAQ:INTL) CEO Philip Andrew Smith sold 6,067 shares of the company’s stock in a transaction that occurred on Monday, August 19th. The shares were sold at an average price of $38.20, for a total value of $231,759.40. Following the sale, the chief executive officer now directly owns 118,802 shares of the company’s stock, valued at $4,538,236.40. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

INTL opened at $38.74 on Friday. The company has a market cap of $726.69 million, a PE ratio of 10.01 and a beta of 1.63. The business has a 50 day moving average price of $38.68 and a two-hundred day moving average price of $38.90. INTL Fcstone Inc has a 52 week low of $34.10 and a 52 week high of $57.00. The company has a quick ratio of 1.37, a current ratio of 1.91 and a debt-to-equity ratio of 2.47.

INTL Fcstone (NASDAQ:INTL) last issued its earnings results on Thursday, August 8th. The financial services provider reported $0.84 earnings per share (EPS) for the quarter. The business had revenue of $283.40 million during the quarter. INTL Fcstone had a return on equity of 13.56% and a net margin of 0.27%.

INTL has been the subject of several analyst reports. TheStreet downgraded INTL Fcstone from a “b-” rating to a “c” rating in a research note on Wednesday, May 8th. ValuEngine downgraded INTL Fcstone from a “hold” rating to a “sell” rating in a research note on Wednesday, May 15th. Finally, BidaskClub downgraded INTL Fcstone from a “hold” rating to a “sell” rating in a research note on Friday, August 9th.

Several hedge funds have recently modified their holdings of INTL. Nuveen Asset Management LLC purchased a new position in shares of INTL Fcstone during the 2nd quarter worth approximately $5,566,000. Nine Ten Capital Management LLC grew its holdings in shares of INTL Fcstone by 25.4% in the 2nd quarter. Nine Ten Capital Management LLC now owns 592,897 shares of the financial services provider’s stock worth $23,473,000 after acquiring an additional 120,145 shares during the period. Bank of America Corp DE grew its holdings in shares of INTL Fcstone by 687.1% in the 4th quarter. Bank of America Corp DE now owns 73,017 shares of the financial services provider’s stock worth $2,671,000 after acquiring an additional 63,740 shares during the period. Invesco Ltd. grew its holdings in shares of INTL Fcstone by 25.4% in the 2nd quarter. Invesco Ltd. now owns 183,082 shares of the financial services provider’s stock worth $7,249,000 after acquiring an additional 37,074 shares during the period. Finally, Private Capital Management LLC grew its holdings in shares of INTL Fcstone by 5.0% in the 2nd quarter. Private Capital Management LLC now owns 743,291 shares of the financial services provider’s stock worth $29,427,000 after acquiring an additional 35,085 shares during the period. 70.72% of the stock is owned by institutional investors and hedge funds.

About INTL Fcstone

INTL FCStone Inc operates as a financial services company worldwide. The company's Commercial Hedging segment offers risk management consulting services related to agricultural and energy commodities, and base metal products listed on the London Metals Exchange. Its Global Payments segment provides payment solutions to banks and commercial businesses; and charities and non-governmental organizations, and government organizations.

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