StoneX Group (NASDAQ:SNEX) Insider Sells $191,740.50 in Stock

by · The Cerbat Gem

StoneX Group Inc. (NASDAQ:SNEX – Get Free Report) insider Diego Rotsztain sold 2,029 shares of StoneX Group stock in a transaction on Friday, December 19th. The stock was sold at an average price of $94.50, for a total transaction of $191,740.50. Following the sale, the insider owned 15,498 shares in the company, valued at $1,464,561. This represents a 11.58% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Diego Rotsztain also recently made the following trade(s):

  • On Thursday, December 18th, Diego Rotsztain sold 2,477 shares of StoneX Group stock. The shares were sold at an average price of $94.91, for a total value of $235,092.07.
  • On Wednesday, December 17th, Diego Rotsztain sold 1,348 shares of StoneX Group stock. The stock was sold at an average price of $96.17, for a total transaction of $129,637.16.

StoneX Group Stock Performance

Shares of NASDAQ SNEX traded up $0.91 during mid-day trading on Monday, hitting $96.62. 298,921 shares of the company were exchanged, compared to its average volume of 425,895. The company has a quick ratio of 1.35, a current ratio of 1.72 and a debt-to-equity ratio of 1.56. The firm has a market cap of $5.05 billion, a price-to-earnings ratio of 16.39 and a beta of 0.44. The stock has a 50 day simple moving average of $92.88 and a 200-day simple moving average of $93.70. StoneX Group Inc. has a 1-year low of $63.27 and a 1-year high of $106.98.

StoneX Group (NASDAQ:SNEX – Get Free Report) last posted its quarterly earnings results on Monday, November 24th. The company reported $1.57 earnings per share for the quarter, missing analysts’ consensus estimates of $1.58 by ($0.01). The business had revenue of $1.32 billion during the quarter, compared to analysts’ expectations of $1.04 billion. StoneX Group had a net margin of 0.23% and a return on equity of 15.27%. During the same quarter last year, the firm earned $2.32 earnings per share. On average, sell-side analysts forecast that StoneX Group Inc. will post 8.7 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on SNEX. Weiss Ratings reiterated a “hold (c+)” rating on shares of StoneX Group in a research report on Monday, December 15th. Zacks Research cut StoneX Group from a “strong-buy” rating to a “hold” rating in a report on Monday, October 6th. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, StoneX Group has an average rating of “Hold”.

Get Our Latest Stock Analysis on SNEX

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Private Trust Co. NA raised its stake in StoneX Group by 2,109.1% in the 3rd quarter. Private Trust Co. NA now owns 243 shares of the company’s stock valued at $25,000 after purchasing an additional 232 shares during the last quarter. Cornerstone Planning Group LLC raised its position in shares of StoneX Group by 4,133.3% in the third quarter. Cornerstone Planning Group LLC now owns 254 shares of the company’s stock valued at $26,000 after buying an additional 248 shares during the last quarter. Cullen Frost Bankers Inc. lifted its stake in shares of StoneX Group by 1,100.0% during the third quarter. Cullen Frost Bankers Inc. now owns 264 shares of the company’s stock valued at $27,000 after buying an additional 242 shares during the period. AlphaQuest LLC boosted its position in StoneX Group by 28,000.0% during the third quarter. AlphaQuest LLC now owns 281 shares of the company’s stock worth $28,000 after acquiring an additional 280 shares during the last quarter. Finally, Salomon & Ludwin LLC acquired a new stake in StoneX Group during the third quarter worth approximately $37,000. 75.93% of the stock is currently owned by institutional investors and hedge funds.

About StoneX Group

(Get Free Report)

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.

See Also