StoneX Group (NASDAQ:SNEX) Insider Abigail Perkins Sells 8,924 Shares of Stock

StoneX Group Inc. (NASDAQ:SNEX) insider Abigail Perkins sold 8,924 shares of the stock in a transaction dated Monday, September 14th. The shares were sold at an average price of $68.83, for a total value of $614,238.92. Following the completion of the transaction, the insider owned 87,739 shares in the company, valued at approximately $6,039,075.37. The trade was a 9.23% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

StoneX Group Price Performance

Shares of NASDAQ SNEX opened at $67.61 on Thursday. The stock’s 50-day simple moving average is $70.80 and its 200-day simple moving average is $72.62. The firm has a market capitalization of $8.16 billion, a PE ratio of 16.14 and a beta of 0.63. StoneX Group Inc. has a fifty-two week low of $36.45 and a fifty-two week high of $94.66. The company has a debt-to-equity ratio of 1.45, a quick ratio of 1.39 and a current ratio of 1.82.

StoneX Group (NASDAQ:SNEX) last announced its quarterly earnings results on Wednesday, August 5th. The company reported $1.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.86 by $0.14. The firm had revenue of $39.71 billion during the quarter, compared to the consensus estimate of $1.32 billion. StoneX Group had a return on equity of 20.18% and a net margin of 0.33%. As a group, equities research analysts forecast that StoneX Group Inc. will post 4.35 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new position in shares of StoneX Group in the 2nd quarter valued at $1,343,877,000. Wasatch Advisors LP purchased a new stake in StoneX Group in the 2nd quarter valued at $139,730,000. Dimensional Fund Advisors LP raised its position in StoneX Group by 50.2% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,107,795 shares of the company’s stock valued at $169,976,000 after purchasing an additional 704,493 shares during the last quarter. Punch & Associates Investment Management Inc. acquired a new stake in StoneX Group during the 2nd quarter worth $82,250,000. Finally, Bank of America Corp DE acquired a new stake in StoneX Group during the 2nd quarter worth $51,370,000. Institutional investors and hedge funds own 75.93% of the company’s stock.

StoneX Group News Summary

Here are the key news stories impacting StoneX Group this week:

• Positive Sentiment: Analyst and institutional support: Weiss Ratings upgraded StoneX Group from “hold” to “buy,” while recent filings show substantial purchases by BlackRock, Wasatch Advisors, Dimensional Fund Advisors, Punch & Associates, and Bank of America. Institutional investors own approximately 75.9% of the shares. StoneX: Too Far Too Fast?
• Positive Sentiment: Latest earnings exceeded expectations: StoneX reported quarterly EPS of $1.00, beating the $0.86 consensus estimate. Analysts expect full-year EPS of approximately $4.35, and the stock’s average analyst rating remains “Buy,” with a reported average price target of $112.
• Neutral Sentiment: Planned insider sales: Executives Diego Rotsztain, Abigail Perkins, and Mark Maurer collectively sold more than 190,000 shares during September 14–16 for roughly $13.1 million. Because the sales were executed under pre-arranged 10b5-1 plans, they may reflect scheduled diversification rather than a fresh negative view of StoneX’s outlook. SEC insider transaction filing
• Negative Sentiment: Repeated selling and technical weakness: Mark Maurer sold shares in multiple transactions, reducing his position by more than one-third across the latest reported sales. SNEX is also trading below its 50-day and 200-day moving averages, which could reinforce concerns that the shares have pulled back after a strong advance.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the stock. Zacks Research upgraded shares of StoneX Group from a “hold” rating to a “strong-buy” rating in a report on Friday, August 7th. Jefferies Financial Group lowered shares of StoneX Group from a “buy” rating to a “hold” rating and cut their price target for the stock from $123.00 to $112.00 in a research note on Monday, July 20th. Wall Street Zen cut shares of StoneX Group from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. Finally, Weiss Ratings upgraded shares of StoneX Group from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, StoneX Group currently has an average rating of “Buy” and a consensus price target of $112.00.

StoneX Group Company Profile

StoneX Group Inc (NASDAQ: SNEX) is a global financial services company that provides execution, clearing, market-making, advisory and risk-management services across a range of markets. Its clients include commercial and industrial businesses, institutional investors, broker-dealers, asset managers, professional traders and retail investors.

The company’s offerings include futures and options trading, securities execution and clearing, foreign exchange, global payments, commodities trading and hedging, and access to physical commodities markets.