StoneX Group Inc. (NASDAQ:SNEX) CEO Charles M. Lyon Sells 7,631 Shares of Stock

StoneX Group Inc. (NASDAQ:SNEX) CEO Charles M. Lyon sold 7,631 shares of StoneX Group stock in a transaction that occurred on Thursday, September 14th. The shares were sold at an average price of $93.09, for a total value of $710,369.79. Following the completion of the sale, the chief executive officer now directly owns 33,900 shares in the company, valued at approximately $3,155,751. The sale was disclosed in a legal filing with the SEC, which is available at this link.

StoneX Group Price Performance

Shares of SNEX opened at $95.05 on Tuesday. StoneX Group Inc. has a twelve month low of $74.43 and a twelve month high of $106.35. The stock’s 50 day moving average is $93.46 and its two-hundred day moving average is $92.32. The firm has a market capitalization of $1.98 billion, a PE ratio of 8.40 and a beta of 0.92. The company has a current ratio of 1.53, a quick ratio of 1.12 and a debt-to-equity ratio of 1.08.

StoneX Group (NASDAQ:SNEX) last posted its quarterly earnings results on Wednesday, August 2nd. The company reported $3.36 earnings per share for the quarter, topping analysts’ consensus estimates of $2.44 by $0.92. StoneX Group had a net margin of 0.40% and a return on equity of 18.51%. The business had revenue of $776.90 million for the quarter, compared to analysts’ expectations of $686.60 million. Research analysts anticipate that StoneX Group Inc. will post 10.27 earnings per share for the current year.

Hedge Funds Weigh In On StoneX Group

A number of institutional investors and hedge funds have recently made changes to their positions in SNEX. Parkside Financial Bank & Trust grew its stake in shares of StoneX Group by 77.2% during the 1st quarter. Parkside Financial Bank & Trust now owns 358 shares of the company’s stock worth $37,000 after purchasing an additional 156 shares during the period. Assetmark Inc. increased its stake in StoneX Group by 45.8% in the 1st quarter. Assetmark Inc. now owns 385 shares of the company’s stock valued at $40,000 after purchasing an additional 121 shares in the last quarter. Tower Research Capital LLC TRC increased its stake in StoneX Group by 160.9% in the 1st quarter. Tower Research Capital LLC TRC now owns 420 shares of the company’s stock valued at $43,000 after purchasing an additional 259 shares in the last quarter. AXS Investments LLC purchased a new position in StoneX Group in the 4th quarter valued at approximately $68,000. Finally, State of Wyoming increased its stake in StoneX Group by 39.6% in the 2nd quarter. State of Wyoming now owns 1,244 shares of the company’s stock valued at $103,000 after purchasing an additional 353 shares in the last quarter. 75.24% of the stock is owned by institutional investors and hedge funds.

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.