StoneX Group (NASDAQ:SNEX) Insider Sells $1,542,357.46 in Stock

StoneX Group Inc. (NASDAQ:SNEX) insider Mark Lowry Maurer sold 11,542 shares of StoneX Group stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $133.63, for a total transaction of $1,542,357.46. Following the transaction, the insider owned 135,496 shares of the company’s stock, valued at approximately $18,106,330.48. The trade was a 7.85% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Mark Lowry Maurer also recently made the following trade(s):

• On Monday, June 15th, Mark Lowry Maurer sold 34,706 shares of StoneX Group stock. The shares were sold at an average price of $135.31, for a total transaction of $4,696,068.86.

StoneX Group Price Performance

Shares of SNEX traded up $0.76 during mid-day trading on Wednesday, reaching $132.66. 1,449,425 shares of the company’s stock were exchanged, compared to its average volume of 703,752. The company has a quick ratio of 1.33, a current ratio of 1.74 and a debt-to-equity ratio of 1.27. StoneX Group Inc. has a 52-week low of $53.52 and a 52-week high of $139.24. The company has a market cap of $10.51 billion, a price-to-earnings ratio of 23.70 and a beta of 0.64. The company has a 50-day simple moving average of $110.46 and a two-hundred day simple moving average of $106.74.

Shares of StoneX Group are going to split on Monday, July 20th. The 3-2 split was announced on Tuesday, May 26th. The newly issued shares will be payable to shareholders after the market closes on Friday, July 17th.

StoneX Group (NASDAQ:SNEX) last released its quarterly earnings results on Wednesday, May 6th. The company reported $2.07 earnings per share for the quarter, topping the consensus estimate of $1.60 by $0.47. StoneX Group had a return on equity of 19.31% and a net margin of 0.30%.The company had revenue of $826.40 million during the quarter, compared to the consensus estimate of $1.37 billion. On average, sell-side analysts predict that StoneX Group Inc. will post 6 EPS for the current fiscal year.

Key Stories Impacting StoneX Group

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

• Positive Sentiment: Recent analyst commentary highlights StoneX’s record results, acquisition-led scale, AI/trading expansion, and broad client activity as reasons the business momentum remains strong. StoneX Is Tapping AI, Trading Volatility and Global Expansion
• Positive Sentiment: SNEX recently hit a new 12-month high and had a strong prior-session move on above-average volume, showing continued investor demand and momentum. StoneX Group (NASDAQ:SNEX) Hits New 12-Month High – Should You Buy?
• Neutral Sentiment: The company’s announced 3-for-2 stock split due July 20 may improve trading liquidity and draw attention, but it does not change fundamentals.
• Neutral Sentiment: One Zacks note said StoneX’s sharp run has made valuation richer, so investors are watching for clean execution to justify the higher multiple. Is SNEX Stock Worth Buying After Its Sharp Run and Richer Valuation?
• Negative Sentiment: Several insiders sold shares, including Chairman Sean Michael O’Connor, CFO William Dunaway, President Charles M. Lyon, and Director Annabelle Bexiga, which can raise concerns that management is locking in gains after the rally. SEC filing

Institutional Investors Weigh In On StoneX Group

Several institutional investors have recently bought and sold shares of SNEX. Choreo LLC raised its stake in shares of StoneX Group by 4.5% in the 4th quarter. Choreo LLC now owns 2,764 shares of the company’s stock valued at $270,000 after acquiring an additional 118 shares during the period. Xponance Inc. boosted its position in StoneX Group by 3.6% during the 3rd quarter. Xponance Inc. now owns 3,624 shares of the company’s stock worth $366,000 after purchasing an additional 125 shares during the period. Lido Advisors LLC boosted its position in StoneX Group by 3.2% during the 4th quarter. Lido Advisors LLC now owns 4,050 shares of the company’s stock worth $403,000 after purchasing an additional 125 shares during the period. Maryland State Retirement & Pension System increased its holdings in StoneX Group by 2.2% in the 4th quarter. Maryland State Retirement & Pension System now owns 6,818 shares of the company’s stock valued at $649,000 after purchasing an additional 144 shares in the last quarter. Finally, Sterling Capital Management LLC raised its position in StoneX Group by 48.8% in the first quarter. Sterling Capital Management LLC now owns 476 shares of the company’s stock valued at $38,000 after purchasing an additional 156 shares during the period. 75.93% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts have issued reports on the stock. Wall Street Zen upgraded shares of StoneX Group from a “hold” rating to a “buy” rating in a report on Sunday, April 5th. Zacks Research raised shares of StoneX Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 5th. William Blair reissued an “outperform” rating on shares of StoneX Group in a research note on Monday, March 9th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of StoneX Group in a research report on Friday, May 22nd. One analyst has rated the stock with a Strong Buy rating and three have assigned a Buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of $122.00.

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.