Diego Rotsztain Sells 2,477 Shares of StoneX Group (NASDAQ:SNEX) Stock

StoneX Group Inc. (NASDAQ:SNEX) insider Diego Rotsztain sold 2,477 shares of the company’s stock in a transaction that occurred on Thursday, December 18th. The stock was sold at an average price of $94.91, for a total transaction of $235,092.07. Following the sale, the insider directly owned 17,527 shares of the company’s stock, valued at approximately $1,663,487.57. This trade represents a 12.38% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

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

• On Wednesday, December 17th, Diego Rotsztain sold 1,348 shares of StoneX Group stock. The shares were sold at an average price of $96.17, for a total transaction of $129,637.16.

StoneX Group Stock Up 1.7%

NASDAQ SNEX opened at $95.71 on Friday. The business has a fifty day moving average price of $92.88 and a two-hundred day moving average price of $93.63. The stock has a market capitalization of $5.00 billion, a PE ratio of 16.24 and a beta of 0.44. StoneX Group Inc. has a fifty-two week low of $61.32 and a fifty-two week high of $106.98. The company has a debt-to-equity ratio of 1.56, a current ratio of 1.72 and a quick ratio of 1.35.

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

Wall Street Analyst Weigh In

SNEX has been the topic of a number of research analyst reports. Zacks Research downgraded shares of StoneX Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 6th. Weiss Ratings reissued a “hold (c+)” rating on shares of StoneX Group in a research note on Monday, December 15th. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, StoneX Group currently has an average rating of “Hold”.

Institutional Inflows and Outflows

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

StoneX Group Company Profile

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.