StoneX Group Inc. (NASDAQ:SNEX) Director Eric Parthemore Sells 2,250 Shares of Stock

StoneX Group Inc. (NASDAQ:SNEX) Director Eric Parthemore sold 2,250 shares of the stock in a transaction that occurred on Friday, May 3rd. The stock was sold at an average price of $74.67, for a total transaction of $168,007.50. Following the completion of the transaction, the director now owns 18,860 shares in the company, valued at approximately $1,408,276.20. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

StoneX Group Stock Up 3.8 %

NASDAQ SNEX opened at $76.71 on Tuesday. StoneX Group Inc. has a 52 week low of $52.93 and a 52 week high of $76.71. The company has a quick ratio of 1.20, a current ratio of 1.59 and a debt-to-equity ratio of 0.87. The company has a market capitalization of $2.42 billion, a P/E ratio of 10.70 and a beta of 0.86. The stock’s 50-day moving average price is $68.64 and its 200-day moving average price is $67.03.

StoneX Group (NASDAQ:SNEX) last issued its quarterly earnings results on Tuesday, February 6th. The company reported $2.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.70 by $0.46. The business had revenue of $784.20 million during the quarter, compared to analyst estimates of $781.80 million. StoneX Group had a return on equity of 17.48% and a net margin of 0.34%. On average, equities research analysts predict that StoneX Group Inc. will post 7.64 earnings per share for the current year.

Institutional Trading of StoneX Group

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Exchange Traded Concepts LLC purchased a new stake in StoneX Group during the 3rd quarter valued at approximately $29,000. Naples Money Management LLC bought a new position in shares of StoneX Group during the fourth quarter worth $30,000. FinTrust Capital Advisors LLC grew its stake in StoneX Group by 50.0% during the fourth quarter. FinTrust Capital Advisors LLC now owns 450 shares of the company’s stock valued at $33,000 after acquiring an additional 150 shares in the last quarter. Parkside Financial Bank & Trust increased its holdings in StoneX Group by 45.2% in the 4th quarter. Parkside Financial Bank & Trust now owns 601 shares of the company’s stock valued at $44,000 after acquiring an additional 187 shares during the last quarter. Finally, Allworth Financial LP increased its holdings in StoneX Group by 49.5% in the 4th quarter. Allworth Financial LP now owns 815 shares of the company’s stock valued at $60,000 after acquiring an additional 270 shares during the last quarter. Institutional investors own 75.93% of the company’s stock.

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.