StoneX Group Inc. (NASDAQ:SNEX) Director Sells $479,025.00 in Stock

StoneX Group Inc. (NASDAQ:SNEXGet Free Report) Director Scott J. Branch sold 7,500 shares of the stock in a transaction that occurred on Wednesday, February 7th. The stock was sold at an average price of $63.87, for a total value of $479,025.00. Following the transaction, the director now directly owns 519,934 shares of the company’s stock, valued at $33,208,184.58. The sale was disclosed in a filing with the SEC, which is available at this link.

StoneX Group Stock Performance

Shares of SNEX stock opened at $66.27 on Monday. The company has a market cap of $2.09 billion, a price-to-earnings ratio of 9.24 and a beta of 0.88. The stock has a 50 day simple moving average of $67.77 and a 200-day simple moving average of $64.74. StoneX Group Inc. has a 12-month low of $49.62 and a 12-month high of $74.01. The company has a current ratio of 1.59, a quick ratio of 1.10 and a debt-to-equity ratio of 0.87.

StoneX Group (NASDAQ:SNEXGet Free Report) last issued its earnings results on Wednesday, November 15th. The company reported $1.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.51 by $0.11. The business had revenue of $778.00 million during the quarter, compared to the consensus estimate of $687.10 million. StoneX Group had a return on equity of 17.48% and a net margin of 0.34%. On average, equities analysts forecast that StoneX Group Inc. will post 7.41 EPS for the current year.

Hedge Funds Weigh In On StoneX Group

Large investors have recently modified their holdings of the business. Arizona State Retirement System raised its stake in shares of StoneX Group by 4.6% during the 2nd quarter. Arizona State Retirement System now owns 5,220 shares of the company’s stock worth $434,000 after buying an additional 230 shares in the last quarter. Shell Asset Management Co. grew its holdings in shares of StoneX Group by 10.0% in the 2nd quarter. Shell Asset Management Co. now owns 147,816 shares of the company’s stock worth $12,281,000 after acquiring an additional 13,413 shares during the period. Woodmont Investment Counsel LLC grew its holdings in shares of StoneX Group by 11.0% in the 2nd quarter. Woodmont Investment Counsel LLC now owns 82,618 shares of the company’s stock worth $6,864,000 after acquiring an additional 8,195 shares during the period. Millington Financial Advisors LLC grew its holdings in shares of StoneX Group by 3.4% in the 3rd quarter. Millington Financial Advisors LLC now owns 13,437 shares of the company’s stock worth $1,302,000 after acquiring an additional 439 shares during the period. Finally, State of New Jersey Common Pension Fund D grew its holdings in shares of StoneX Group by 28.5% in the 2nd quarter. State of New Jersey Common Pension Fund D now owns 29,840 shares of the company’s stock worth $2,479,000 after acquiring an additional 6,623 shares during the period. 75.24% of the stock is owned by hedge funds and other institutional investors.

StoneX Group Company Profile

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for StoneX Group (NASDAQ:SNEX)

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