StoneX Group (NASDAQ:SNEX) Hits New 1-Year High at $76.80

StoneX Group Inc. (NASDAQ:SNEX) shares reached a new 52-week high during trading on Tuesday . The company traded as high as $76.80 and last traded at $76.62, with a volume of 6254 shares traded. The stock had previously closed at $76.71.

StoneX Group Stock Performance

The company has a fifty day moving average price of $69.03 and a two-hundred day moving average price of $67.23. The firm has a market cap of $2.50 billion, a price-to-earnings ratio of 10.81 and a beta of 0.86. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.59 and a quick ratio of 1.20.

StoneX Group (NASDAQ:SNEX) last issued its quarterly earnings results on Tuesday, February 6th. The company reported $2.16 earnings per share for the quarter, beating analysts’ consensus estimates of $1.70 by $0.46. The company had revenue of $784.20 million during the quarter, compared to the consensus estimate of $781.80 million. StoneX Group had a net margin of 0.34% and a return on equity of 17.48%. As a group, equities research analysts expect that StoneX Group Inc. will post 7.64 EPS for the current year.

Insider Buying and Selling

In related news, CEO Charles M. Lyon sold 15,552 shares of StoneX Group stock in a transaction on Tuesday, February 13th. The stock was sold at an average price of $65.11, for a total value of $1,012,590.72. Following the transaction, the chief executive officer now directly owns 61,557 shares in the company, valued at approximately $4,007,976.27. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, CEO Charles M. Lyon sold 15,552 shares of the business’s stock in a transaction that occurred on Tuesday, February 13th. The shares were sold at an average price of $65.11, for a total transaction of $1,012,590.72. Following the sale, the chief executive officer now owns 61,557 shares in the company, valued at $4,007,976.27. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director John Moore Fowler sold 600 shares of the firm’s stock in a transaction that occurred on Friday, March 1st. The stock was sold at an average price of $68.94, for a total transaction of $41,364.00. Following the completion of the transaction, the director now directly owns 83,878 shares of the company’s stock, valued at approximately $5,782,549.32. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 51,098 shares of company stock worth $3,458,419. Corporate insiders own 16.24% of the company’s stock.

Institutional Investors Weigh In On StoneX Group

Several hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. grew its stake in StoneX Group by 53.1% during the 4th quarter. Vanguard Group Inc. now owns 1,875,853 shares of the company’s stock valued at $138,494,000 after acquiring an additional 650,911 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in StoneX Group by 53.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,406,553 shares of the company’s stock valued at $103,845,000 after buying an additional 489,359 shares during the period. Van Berkom & Associates Inc. increased its stake in StoneX Group by 9.6% in the 3rd quarter. Van Berkom & Associates Inc. now owns 1,002,622 shares of the company’s stock valued at $97,174,000 after buying an additional 87,538 shares during the period. Private Capital Management LLC lifted its position in StoneX Group by 50.9% in the 4th quarter. Private Capital Management LLC now owns 555,572 shares of the company’s stock worth $41,018,000 after buying an additional 187,349 shares in the last quarter. Finally, Boston Partners boosted its stake in shares of StoneX Group by 45.2% during the 4th quarter. Boston Partners now owns 286,561 shares of the company’s stock valued at $20,689,000 after buying an additional 89,272 shares during the period. 75.93% of the stock is owned by hedge funds and other institutional investors.

About StoneX Group

StoneX Group Inc operates as a global financial services network that connects companies, organizations, traders, and investors to market ecosystem worldwide. The company operates through Commercial, Institutional, Retail, and Global Payments segments. The Commercial segment provides risk management and hedging, exchange-traded and OTC products execution and clearing, voice brokerage, market intelligence, physical trading, and commodity financing and logistics services.