StoneX Group (NASDAQ:SNEX) President Charles Lyon Sells 30,000 Shares

StoneX Group Inc. (NASDAQ:SNEX) President Charles Lyon sold 30,000 shares of StoneX Group stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $124.78, for a total transaction of $3,743,400.00. Following the completion of the sale, the president directly owned 150,330 shares in the company, valued at approximately $18,758,177.40. This represents a 16.64% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

StoneX Group Stock Up 0.5%

StoneX Group stock opened at $125.61 on Wednesday. The firm has a 50 day moving average price of $103.44 and a 200-day moving average price of $97.87. The company has a quick ratio of 1.34, a current ratio of 1.80 and a debt-to-equity ratio of 1.34. StoneX Group Inc. has a twelve month low of $65.00 and a twelve month high of $127.63. The company has a market capitalization of $6.59 billion, a P/E ratio of 18.75 and a beta of 0.45.

StoneX Group’s stock is going to split on Monday, March 23rd. The 3-2 split was announced on Thursday, February 5th. The newly created shares will be issued to shareholders after the market closes on Tuesday, March 10th.

StoneX Group (NASDAQ:SNEX) last announced its quarterly earnings data on Wednesday, February 4th. The company reported $2.50 earnings per share for the quarter, beating the consensus estimate of $2.06 by $0.44. The business had revenue of $724.00 million during the quarter, compared to analyst estimates of $1.24 billion. StoneX Group had a return on equity of 16.43% and a net margin of 0.25%. As a group, equities analysts predict that StoneX Group Inc. will post 8.7 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Choreo LLC lifted its holdings in shares of StoneX Group by 4.5% in the fourth quarter. Choreo LLC now owns 2,764 shares of the company’s stock worth $270,000 after buying an additional 118 shares in the last quarter. Xponance Inc. grew its stake in StoneX Group by 3.6% during the third quarter. Xponance Inc. now owns 3,624 shares of the company’s stock valued at $366,000 after acquiring an additional 125 shares in the last quarter. Lido Advisors LLC grew its stake in StoneX Group by 3.2% during the fourth quarter. Lido Advisors LLC now owns 4,050 shares of the company’s stock valued at $403,000 after acquiring an additional 125 shares in the last quarter. Bank of Montreal Can increased its holdings in StoneX Group by 1.5% during the 2nd quarter. Bank of Montreal Can now owns 8,640 shares of the company’s stock worth $787,000 after acquiring an additional 128 shares during the period. Finally, PNC Financial Services Group Inc. lifted its stake in StoneX Group by 1.3% in the 2nd quarter. PNC Financial Services Group Inc. now owns 11,047 shares of the company’s stock worth $1,007,000 after purchasing an additional 137 shares in the last quarter. Hedge funds and other institutional investors own 75.93% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have commented on SNEX shares. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of StoneX Group in a report on Monday, December 29th. Wall Street Zen raised shares of StoneX Group from a “hold” rating to a “buy” rating in a research report on Saturday. 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 research note on Monday, February 2nd. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, StoneX Group presently has a consensus rating of “Moderate Buy” and an average price target of $122.00.

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.