StoneX Group (NASDAQ:SNEX) Insider Diego Rotsztain Sells 20,054 Shares

StoneX Group Inc. (NASDAQ:SNEX) insider Diego Rotsztain sold 20,054 shares of the business’s stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $111.48, for a total transaction of $2,235,619.92. Following the transaction, the insider directly owned 36,943 shares of the company’s stock, valued at approximately $4,118,405.64. This represents a 35.18% decrease in their position. 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 Wednesday, May 20th, Diego Rotsztain sold 13,696 shares of StoneX Group stock. The shares were sold at an average price of $112.79, for a total transaction of $1,544,771.84.

StoneX Group Price Performance

SNEX stock opened at $112.92 on Thursday. The company has a debt-to-equity ratio of 1.27, a current ratio of 1.74 and a quick ratio of 1.33. StoneX Group Inc. has a one year low of $53.52 and a one year high of $125.42. The stock has a market cap of $8.95 billion, a PE ratio of 20.18 and a beta of 0.64. The firm has a 50 day simple moving average of $100.28 and a two-hundred day simple moving average of $102.65.

StoneX Group (NASDAQ:SNEX) last announced its quarterly earnings data on Wednesday, May 6th. The company reported $2.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.60 by $0.47. StoneX Group had a net margin of 0.30% and a return on equity of 19.31%. The company had revenue of $826.40 million during the quarter, compared to analysts’ expectations of $1.37 billion. On average, analysts predict that StoneX Group Inc. will post 6 EPS for the current fiscal year.

Wall Street Analyst Weigh In

SNEX has been the subject of a number of recent analyst reports. Wall Street Zen upgraded shares of StoneX Group from a “hold” rating to a “buy” rating in a report on Sunday, April 5th. William Blair reiterated an “outperform” rating on shares of StoneX Group in a report on Monday, March 9th. Weiss Ratings upgraded shares of StoneX Group from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, February 23rd. Zacks Research upgraded shares of StoneX Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 5th. Finally, Jefferies Financial Group upped their price target on shares of StoneX Group from $99.00 to $122.00 and gave the company a “buy” rating in a report on Monday, February 2nd. One investment analyst has rated the stock with a Strong Buy rating and three have issued a Buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $122.00.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised its holdings in StoneX Group by 0.3% in the 4th quarter. Vanguard Group Inc. now owns 4,031,545 shares of the company’s stock worth $383,521,000 after purchasing an additional 11,240 shares in the last quarter. Price T Rowe Associates Inc. MD grew its position in shares of StoneX Group by 18.2% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 2,851,468 shares of the company’s stock worth $271,261,000 after buying an additional 439,771 shares during the period. Dimensional Fund Advisors LP grew its position in shares of StoneX Group by 50.2% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,107,795 shares of the company’s stock worth $169,976,000 after buying an additional 704,493 shares during the period. State Street Corp grew its position in shares of StoneX Group by 0.3% in the 4th quarter. State Street Corp now owns 1,829,897 shares of the company’s stock worth $174,078,000 after buying an additional 6,220 shares during the period. Finally, T. Rowe Price Investment Management Inc. grew its position in shares of StoneX Group by 24.4% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 1,499,292 shares of the company’s stock worth $142,628,000 after buying an additional 294,203 shares during the period. 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.