StoneX Group (NASDAQ:SNEX) Chairman Sean Michael Oconnor Sells 104,934 Shares

StoneX Group Inc. (NASDAQ:SNEX) Chairman Sean Michael Oconnor sold 104,934 shares of the business’s stock in a transaction on Wednesday, July 22nd. The stock was sold at an average price of $74.33, for a total transaction of $7,799,744.22. Following the completion of the sale, the chairman owned 1,750,447 shares of the company’s stock, valued at $130,110,725.51. The trade was a 5.66% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Sean Michael Oconnor also recently made the following trade(s):

• On Monday, June 15th, Sean Michael Oconnor sold 112,500 shares of StoneX Group stock. The shares were sold at an average price of $90.28, for a total transaction of $10,156,500.00.
• On Friday, June 12th, Sean Michael Oconnor sold 112,500 shares of StoneX Group stock. The stock was sold at an average price of $87.43, for a total transaction of $9,836,250.00.
• On Tuesday, May 19th, Sean Michael Oconnor sold 108,210 shares of StoneX Group stock. The stock was sold at an average price of $73.29, for a total transaction of $7,931,071.60.
• On Friday, May 15th, Sean Michael Oconnor sold 210,105 shares of StoneX Group stock. The shares were sold at an average price of $73.54, for a total transaction of $15,451,121.70.
• On Monday, May 18th, Sean Michael Oconnor sold 131,685 shares of StoneX Group stock. The shares were sold at an average price of $74.31, for a total transaction of $9,785,073.40.

StoneX Group Trading Down 0.2%

Shares of NASDAQ:SNEX opened at $74.28 on Wednesday. The company has a debt-to-equity ratio of 1.27, a quick ratio of 1.33 and a current ratio of 1.74. The stock’s 50-day moving average is $79.80 and its 200-day moving average is $74.67. The company has a market cap of $8.83 billion, a P/E ratio of 19.91 and a beta of 0.65. StoneX Group Inc. has a 52-week low of $35.68 and a 52-week high of $94.66.

StoneX Group (NASDAQ:SNEX) last posted its quarterly earnings data on Wednesday, May 6th. The company reported $1.38 earnings per share for the quarter, topping the consensus estimate of $1.07 by $0.31. StoneX Group had a return on equity of 19.31% and a net margin of 0.30%.The business had revenue of $826.40 million during the quarter, compared to analysts’ expectations of $1.37 billion. Equities research analysts predict that StoneX Group Inc. will post 4 earnings per share for the current year.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. Wall Street Zen upgraded shares of StoneX Group from a “hold” rating to a “buy” rating in a research note on Sunday, April 5th. Jefferies Financial Group lowered shares of StoneX Group from a “buy” rating to a “hold” rating and decreased their price target for the stock from $123.00 to $112.00 in a research report on Monday, July 20th. Zacks Research downgraded shares of StoneX Group from a “strong-buy” rating to a “hold” rating in a report on Monday, July 6th. Finally, Weiss Ratings lowered shares of StoneX Group from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, July 17th. Two investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, StoneX Group has a consensus rating of “Moderate Buy” and a consensus target price of $112.00.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Cassaday & Co Wealth Management LLC bought a new stake in StoneX Group in the 1st quarter valued at $34,000. Transamerica Financial Advisors LLC lifted its holdings in shares of StoneX Group by 183.0% during the 4th quarter. Transamerica Financial Advisors LLC now owns 433 shares of the company’s stock worth $41,000 after acquiring an additional 280 shares during the period. Sterling Capital Management LLC boosted its position in shares of StoneX Group by 48.7% during the 1st quarter. Sterling Capital Management LLC now owns 476 shares of the company’s stock valued at $38,000 after acquiring an additional 156 shares in the last quarter. Basecamp Wealth Advisors LLC boosted its position in shares of StoneX Group by 49.7% during the 1st quarter. Basecamp Wealth Advisors LLC now owns 512 shares of the company’s stock valued at $41,000 after acquiring an additional 170 shares in the last quarter. Finally, International Assets Investment Management LLC bought a new stake in StoneX Group in the fourth quarter valued at about $50,000. 75.93% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting StoneX Group

Here are the key news stories impacting StoneX Group this week:

• Neutral Sentiment: CEO Philip Andrew Smith sold 45,000 shares for approximately $3.34 million, while CFO William J. Dunaway sold 95,970 shares for about $7.13 million. Both retained sizable stakes following the transactions. CEO transaction filing CFO transaction filing
• Neutral Sentiment: Chairman Sean Michael Oconnor sold 104,934 shares for approximately $7.80 million but continued to own about 1.75 million shares directly. Other insider sales included 52,376 shares by Mark Lowry Maurer and 29,995 shares by Diego Rotsztain. Chairman transaction filing
• Negative Sentiment: The concentration of insider selling—particularly by senior leadership—can be interpreted as a short-term confidence concern and may contribute to the stock’s recent decrease. However, the scheduled nature of the transactions reduces the likelihood that the sales reflect newly formed negative views about StoneX’s business or outlook. Insider transaction filing

About StoneX Group

StoneX Group Inc (NASDAQ: SNEX) is a global financial services firm offering execution, risk management, advisory and post-trade solutions across commodities, currencies, securities and digital assets. The company serves commercial businesses, institutional clients and financial intermediaries, providing market access and tailored services designed to help clients manage price risk, optimize working capital and execute complex transactions.

StoneX operates through several core segments.