StoneX Group (NASDAQ:SNEX) Director Purchases $161,200.00 in Stock

StoneX Group Inc. (NASDAQ:SNEX) Director Dhamu Thamodaran acquired 2,500 shares of the stock in a transaction on Monday, August 10th. The shares were purchased at an average price of $64.48 per share, for a total transaction of $161,200.00. Following the completion of the transaction, the director owned 75,760 shares in the company, valued at approximately $4,885,004.80. This represents a 3.41% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website.

StoneX Group Stock Up 1.9%

SNEX traded up $1.25 on Tuesday, reaching $65.97. 876,802 shares of the company traded hands, compared to its average volume of 1,125,212. StoneX Group Inc. has a 52-week low of $36.45 and a 52-week high of $94.66. The company has a debt-to-equity ratio of 1.45, a current ratio of 1.82 and a quick ratio of 1.39. The company has a market cap of $7.96 billion, a price-to-earnings ratio of 15.75 and a beta of 0.66. The stock’s 50 day moving average price is $79.26 and its 200-day moving average price is $74.82.

StoneX Group (NASDAQ:SNEX) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $1.00 earnings per share for the quarter, beating the consensus estimate of $0.86 by $0.14. StoneX Group had a net margin of 0.33% and a return on equity of 20.18%. The firm had revenue of $718.00 million for the quarter, compared to analyst estimates of $1.32 billion. On average, sell-side analysts expect that StoneX Group Inc. will post 4.35 EPS for the current fiscal year.

Institutional Trading of StoneX Group

Hedge funds have recently bought and sold shares of the stock. Silvant Capital Management LLC acquired a new stake in StoneX Group in the 2nd quarter worth $43,000. Oxford Financial Group LTD. LLC acquired a new position in shares of StoneX Group during the second quarter valued at about $594,000. Vise Technologies Inc. bought a new stake in shares of StoneX Group in the second quarter valued at about $722,000. Lisanti Capital Growth LLC bought a new stake in shares of StoneX Group in the second quarter valued at about $4,110,000. Finally, Csenge Advisory Group acquired a new stake in StoneX Group during the second quarter worth about $1,148,000. 75.93% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

SNEX has been the subject of a number of research analyst reports. Zacks Research raised shares of StoneX Group from a “hold” rating to a “strong-buy” rating in a research report on Friday. Jefferies Financial Group downgraded StoneX Group from a “buy” rating to a “hold” rating and lowered their price target for the company from $123.00 to $112.00 in a research report on Monday, July 20th. Weiss Ratings lowered StoneX Group from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, July 17th. Finally, Wall Street Zen cut StoneX Group from a “buy” rating to a “hold” rating in a research report on Saturday. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, StoneX Group currently has a consensus rating of “Buy” and an average price target of $112.00.

Trending Headlines about StoneX Group

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

• Positive Sentiment: StoneX reported third-quarter adjusted EPS of $1.00, above analyst expectations of $0.82. Revenue of $1.468 billion also exceeded the reported consensus estimate of $661.8 million, supporting the current upward move in the shares. What’s Going on With StoneX Shares on Tuesday?
• Positive Sentiment: R.J. O’Brien acquisition synergies reached $38 million in the quarter and are moving toward a targeted $50 million, indicating potential for additional earnings support. The company’s sharp earnings growth and expanding scale strengthen the growth case for SNEX. StoneX Q3 Earnings Surge as R.J. O’Brien Synergies Move Toward $50M
• Positive Sentiment: Director Dhamu R. Thamodaran purchased 2,500 shares for approximately $161,200, increasing his direct ownership by 3.41%. The purchase may signal confidence in StoneX’s valuation and prospects. SEC insider purchase filing
• Neutral Sentiment: Analyst commentary highlights StoneX as a strong growth stock, but investors are weighing that growth against a premium valuation, margin pressure, credit exposure and sensitivity to interest rates. Is SNEX a Buy as Earnings Growth Collides With a Premium Valuation?
• Negative Sentiment: Retail weakness and rising costs could limit the benefit of strong institutional and acquisition-related performance. These concerns contributed to a recent pullback despite the earnings beat and may keep volatility elevated. StoneX earnings and synergies analysis
• Negative Sentiment: Insider Mark Lowry Maurer sold 52,648 shares worth approximately $3.49 million, reducing his position by 18.18%. Because the transaction occurred under a pre-arranged Rule 10b5-1 plan, it may be less concerning than discretionary selling, but it nevertheless adds a modest negative signal. SEC insider sale 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.