Glenn Henry Stevens Sells 15,000 Shares of StoneX Group Inc. (NASDAQ:SNEX) Stock

StoneX Group Inc. (NASDAQ:SNEX) insider Glenn Henry Stevens sold 15,000 shares of StoneX Group stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $117.82, for a total transaction of $1,767,300.00. Following the transaction, the insider now directly owns 77,964 shares of the company’s stock, valued at $9,185,718.48. The trade was a 16.14 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

StoneX Group Stock Down 2.4 %

NASDAQ SNEX opened at $123.82 on Friday. StoneX Group Inc. has a 52 week low of $64.03 and a 52 week high of $128.23. The firm has a market capitalization of $3.97 billion, a price-to-earnings ratio of 14.79 and a beta of 0.78. The company has a fifty day moving average of $106.94 and a two-hundred day moving average of $94.70. The company has a quick ratio of 1.29, a current ratio of 1.77 and a debt-to-equity ratio of 1.33.

Shares of StoneX Group are set to split on Monday, March 24th. The 3-2 split was announced on Wednesday, February 5th. The newly created shares will be distributed to shareholders after the closing bell on Friday, March 21st.

StoneX Group (NASDAQ:SNEX) last released its earnings results on Wednesday, February 5th. The company reported $2.54 earnings per share for the quarter, topping the consensus estimate of $2.15 by $0.39. StoneX Group had a return on equity of 16.83% and a net margin of 0.26%. On average, analysts predict that StoneX Group Inc. will post 8.7 earnings per share for the current year.

Institutional Trading of StoneX Group

Institutional investors and hedge funds have recently made changes to their positions in the business. Jane Street Group LLC lifted its position in shares of StoneX Group by 72.2% during the third quarter. Jane Street Group LLC now owns 23,621 shares of the company’s stock worth $1,934,000 after purchasing an additional 9,900 shares during the last quarter. International Assets Investment Management LLC lifted its stake in StoneX Group by 8,088.0% in the third quarter. International Assets Investment Management LLC now owns 24,564 shares of the company’s stock worth $2,011,000 after acquiring an additional 24,264 shares during the period. Foundry Partners LLC purchased a new stake in StoneX Group in the third quarter worth about $5,348,000. Principal Financial Group Inc. lifted its stake in StoneX Group by 11.0% in the third quarter. Principal Financial Group Inc. now owns 149,442 shares of the company’s stock worth $12,236,000 after acquiring an additional 14,784 shares during the period. Finally, Royce & Associates LP lifted its stake in StoneX Group by 38.6% in the third quarter. Royce & Associates LP now owns 154,744 shares of the company’s stock worth $12,670,000 after acquiring an additional 43,126 shares during the period. 75.93% of the stock is currently owned by institutional investors.

StoneX Group Company Profile

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.