StoneX Group (NASDAQ:SNEX) Insider Diego Rotsztain Sells 1,348 Shares of Stock

StoneX Group Inc. (NASDAQ:SNEX) insider Diego Rotsztain sold 1,348 shares of StoneX Group stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $96.17, for a total value of $129,637.16. Following the completion of the sale, the insider directly owned 20,004 shares of the company’s stock, valued at approximately $1,923,784.68. This trade represents a 6.31% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed 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 stock was sold at an average price of $94.91, for a total transaction of $235,092.07.

StoneX Group Stock Performance

Shares of NASDAQ SNEX traded up $0.19 during midday trading on Friday, hitting $94.31. The company’s stock had a trading volume of 48,993 shares, compared to its average volume of 422,061. The firm has a market capitalization of $4.93 billion, a price-to-earnings ratio of 16.00 and a beta of 0.44. The company has a current ratio of 1.72, a quick ratio of 1.35 and a debt-to-equity ratio of 1.56. The stock has a fifty day moving average price of $92.88 and a 200 day moving average price of $93.49. StoneX Group Inc. has a one year low of $61.32 and a one year high of $106.98.

StoneX Group (NASDAQ:SNEX) last released its quarterly earnings data 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 in the prior year, the firm posted $2.32 earnings per share. On average, research analysts forecast that StoneX Group Inc. will post 8.7 EPS for the current fiscal year.

Analysts Set New Price Targets

SNEX has been the topic of several recent analyst reports. Weiss Ratings reiterated a “hold (c+)” rating on shares of StoneX Group in a research note on Monday. Zacks Research cut shares of StoneX Group from a “strong-buy” rating to a “hold” rating in a report on Monday, October 6th. One analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, StoneX Group presently has an average rating of “Hold”.

Institutional Trading of StoneX Group

A number of hedge funds have recently bought and sold shares of SNEX. Private Trust Co. NA raised its stake in shares of StoneX Group by 2,109.1% during the third quarter. Private Trust Co. NA now owns 243 shares of the company’s stock worth $25,000 after acquiring an additional 232 shares in the last quarter. Cornerstone Planning Group LLC increased its stake 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 valued at $26,000 after buying an additional 248 shares during the period. Cullen Frost Bankers Inc. raised its holdings in StoneX Group by 1,100.0% in the 3rd quarter. Cullen Frost Bankers Inc. now owns 264 shares of the company’s stock worth $27,000 after purchasing an additional 242 shares in the last quarter. AlphaQuest LLC lifted its holdings in 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 buying an additional 280 shares during the period. Finally, Salomon & Ludwin LLC bought a new position in StoneX Group in the third quarter worth $37,000. 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.