Abigail Perkins Sells 4,500 Shares of StoneX Group (NASDAQ:SNEX) Stock

StoneX Group Inc. (NASDAQ:SNEX) insider Abigail Perkins sold 4,500 shares of the firm’s stock in a transaction that occurred on Monday, August 10th. The shares were sold at an average price of $64.81, for a total value of $291,645.00. Following the transaction, the insider owned 96,663 shares of the company’s stock, valued at $6,264,729.03. This represents a 4.45% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

StoneX Group Stock Performance

NASDAQ SNEX opened at $69.40 on Thursday. The company has a market cap of $8.37 billion, a P/E ratio of 16.57 and a beta of 0.66. The business’s 50 day moving average price is $79.08 and its 200-day moving average price is $74.74. 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 earnings results on Wednesday, August 5th. The company reported $1.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.86 by $0.14. StoneX Group had a return on equity of 20.18% and a net margin of 0.33%.The business had revenue of $718.00 million during the quarter, compared to analyst estimates of $1.32 billion. Sell-side analysts predict that StoneX Group Inc. will post 4.35 earnings per share for the current year.

Analysts Set New Price Targets

Several research firms have commented on SNEX. Jefferies Financial Group downgraded StoneX Group from a “buy” rating to a “hold” rating and reduced their price objective for the stock from $123.00 to $112.00 in a report on Monday, July 20th. Weiss Ratings lowered shares of StoneX Group from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, July 17th. Wall Street Zen lowered StoneX Group from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. Finally, Zacks Research raised shares of StoneX Group from a “hold” rating to a “strong-buy” rating in a research report on Friday, August 7th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, StoneX Group has a consensus rating of “Buy” and a consensus price target of $112.00.

Institutional Investors Weigh In On StoneX Group

Several institutional investors and hedge funds have recently added to or reduced their stakes in SNEX. BlackRock Inc. purchased a new position in StoneX Group during the second quarter valued at $1,343,877,000. Wasatch Advisors LP acquired a new stake in StoneX Group in the 2nd quarter worth about $139,730,000. Dimensional Fund Advisors LP increased its stake in StoneX Group by 50.2% during 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 in the last quarter. Price T Rowe Associates Inc. MD raised its holdings in shares of StoneX Group by 18.2% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 2,851,468 shares of the company’s stock valued at $271,261,000 after acquiring an additional 439,771 shares during the last quarter. Finally, Bank of New York Mellon Corp purchased a new position in shares of StoneX Group in the second quarter valued at approximately $51,254,000. Hedge funds and other institutional investors own 75.93% of the company’s stock.

Key Headlines Impacting StoneX Group

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

• Positive Sentiment: Brazil acquisition expands growth platform. Banco Travelex is described as Brazil’s first bank dedicated to foreign-exchange operations. StoneX expects the combined business to process approximately $6 billion in annual volume for about 20,000 clients, strengthening its position in global payments and Latin American FX. Financial terms and closing conditions were not disclosed. StoneX Announces Acquisition of Banco Travelex
• Positive Sentiment: Recent earnings momentum supports the bullish reaction. StoneX’s third-quarter adjusted earnings per share of $1.00 exceeded the approximately $0.82 analyst consensus. Revenue was also reported well above estimates, while synergies from the R.J. O’Brien acquisition reached $38 million and are progressing toward a $50 million target. StoneX Q3 Earnings Surge as R.J. O’Brien Synergies Move Toward $50M
• Positive Sentiment: Director buying provides a modest confidence signal. Director Dhamu R. Thamodaran purchased 2,500 shares for approximately $161,200, increasing his ownership by 3.41%. The purchase suggests confidence in the company’s valuation or longer-term outlook, although it is small relative to StoneX’s market capitalization. SEC insider purchase filing
• Neutral Sentiment: Insider transactions are mixed. Director and executive sales totaled roughly $3.8 million, including a 52,648-share sale by Mark Lowry Maurer. The reported sales were conducted under pre-arranged Rule 10b5-1 plans, reducing their value as discretionary bearish signals.
• Negative Sentiment: Investors continue to weigh valuation and operating risks. Analysts have cited retail weakness, rising costs, interest-rate sensitivity, credit risks and the possibility that StoneX’s valuation already reflects much of its earnings growth. The Brazilian acquisition also introduces integration and execution risk.

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.