StoneX Group Inc. (NASDAQ:SNEX) CEO Sells $356,071.29 in Stock

StoneX Group Inc. (NASDAQ:SNEX) CEO Philip Andrew Smith sold 4,447 shares of the stock in a transaction dated Tuesday, April 15th. The stock was sold at an average price of $80.07, for a total transaction of $356,071.29. Following the sale, the chief executive officer now owns 342,711 shares in the company, valued at $27,440,869.77. The trade was a 1.28 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Philip Andrew Smith also recently made the following trade(s):

• On Friday, April 4th, Philip Andrew Smith sold 9,000 shares of StoneX Group stock. The shares were sold at an average price of $69.56, for a total transaction of $626,040.00.

StoneX Group Price Performance

Shares of SNEX stock traded up $1.03 on Thursday, reaching $80.29. The company had a trading volume of 411,413 shares, compared to its average volume of 266,267. The stock has a market capitalization of $3.86 billion, a PE ratio of 9.59 and a beta of 0.65. The company has a quick ratio of 1.29, a current ratio of 1.77 and a debt-to-equity ratio of 1.33. The business’s 50-day moving average is $77.44 and its 200 day moving average is $69.51. StoneX Group Inc. has a one year low of $42.69 and a one year high of $85.49.

StoneX Group (NASDAQ:SNEX) last announced its quarterly earnings results on Wednesday, February 5th. The company reported $1.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.43 by $0.26. StoneX Group had a net margin of 0.26% and a return on equity of 16.83%. Equities research analysts forecast that StoneX Group Inc. will post 8.7 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, William Blair assumed coverage on StoneX Group in a research note on Wednesday, March 26th. They issued an “outperform” rating on the stock.

Institutional Trading of StoneX Group

A number of hedge funds have recently made changes to their positions in the company. American Century Companies Inc. raised its holdings in StoneX Group by 17.7% in the 4th quarter. American Century Companies Inc. now owns 1,014,231 shares of the company’s stock valued at $99,364,000 after buying an additional 152,847 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of StoneX Group by 0.9% in the fourth quarter. Geode Capital Management LLC now owns 677,333 shares of the company’s stock worth $66,372,000 after purchasing an additional 6,076 shares during the last quarter. T. Rowe Price Investment Management Inc. lifted its holdings in StoneX Group by 2.0% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 521,073 shares of the company’s stock worth $51,050,000 after buying an additional 10,222 shares during the period. Price T Rowe Associates Inc. MD increased its stake in shares of StoneX Group by 4.3% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 508,450 shares of the company’s stock valued at $49,814,000 after buying an additional 20,928 shares during the period. Finally, Harbor Capital Advisors Inc. lifted its stake in shares of StoneX Group by 24.1% in the first quarter. Harbor Capital Advisors Inc. now owns 394,903 shares of the company’s stock worth $30,163,000 after acquiring an additional 76,778 shares during the period. 75.93% of the stock is owned by institutional investors and hedge funds.

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.