StoneX Group (NASDAQ:SNEX) Insider Diego Rotsztain Sells 1,348 Shares of Stock

StoneX Group Inc. (NASDAQ:SNEX) insider Diego Rotsztain sold 1,348 shares of StoneX Group stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $96.17, for a total transaction of $129,637.16. Following the completion of the transaction, the insider directly owned 20,004 shares of the company’s stock, valued at approximately $1,923,784.68. This trade represents a 6.31% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Diego Rotsztain also recently made the following trade(s):

• On Thursday, December 18th, Diego Rotsztain sold 2,477 shares of StoneX Group stock. The shares were sold at an average price of $94.91, for a total transaction of $235,092.07.

StoneX Group Trading Up 1.7%

Shares of NASDAQ:SNEX opened at $95.71 on Friday. StoneX Group Inc. has a 52-week low of $61.32 and a 52-week high of $106.98. The company has a debt-to-equity ratio of 1.56, a quick ratio of 1.35 and a current ratio of 1.72. The company has a market capitalization of $5.00 billion, a P/E ratio of 16.24 and a beta of 0.44. The company has a 50-day simple moving average of $92.88 and a 200 day simple moving average of $93.57.

StoneX Group (NASDAQ:SNEX) last announced its quarterly earnings results on Monday, November 24th. The company reported $1.57 earnings per share for the quarter, missing analysts’ consensus estimates of $1.58 by ($0.01). StoneX Group had a return on equity of 15.27% and a net margin of 0.23%.The business had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.04 billion. During the same period last year, the firm earned $2.32 EPS. Sell-side analysts forecast that StoneX Group Inc. will post 8.7 earnings per share for the current year.

Institutional Investors Weigh In On StoneX Group

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Vanguard Group Inc. grew its stake in shares of StoneX Group by 34.3% in the third quarter. Vanguard Group Inc. now owns 4,020,305 shares of the company’s stock valued at $405,729,000 after acquiring an additional 1,027,489 shares in the last quarter. American Century Companies Inc. raised its stake in StoneX Group by 19.8% in the 2nd quarter. American Century Companies Inc. now owns 2,352,849 shares of the company’s stock worth $214,439,000 after purchasing an additional 389,132 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in StoneX Group by 41.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,923,494 shares of the company’s stock valued at $146,915,000 after purchasing an additional 567,196 shares during the period. State Street Corp grew its position in shares of StoneX Group by 0.5% during the 2nd quarter. State Street Corp now owns 1,755,298 shares of the company’s stock worth $159,978,000 after purchasing an additional 8,350 shares in the last quarter. Finally, AltraVue Capital LLC increased its holdings in shares of StoneX Group by 0.9% during the third quarter. AltraVue Capital LLC now owns 1,313,712 shares of the company’s stock worth $132,580,000 after purchasing an additional 11,740 shares during the period. Institutional investors and hedge funds own 75.93% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on SNEX shares. Zacks Research downgraded StoneX Group from a “strong-buy” rating to a “hold” rating in a report on Monday, October 6th. Weiss Ratings restated a “hold (c+)” rating on shares of StoneX Group in a research note on Monday. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, StoneX Group presently has a consensus rating of “Hold”.

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.