Thrivent Financial for Lutherans Cuts Stake in StoneX Group Inc. $SNEX

Thrivent Financial for Lutherans decreased its holdings in StoneX Group Inc. (NASDAQ:SNEX) by 16.9% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 32,862 shares of the company’s stock after selling 6,690 shares during the period. Thrivent Financial for Lutherans owned approximately 0.06% of StoneX Group worth $3,126,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in SNEX. Vanguard Group Inc. boosted its stake in shares of StoneX Group by 34.3% in the 3rd quarter. Vanguard Group Inc. now owns 4,020,305 shares of the company’s stock valued at $405,729,000 after purchasing an additional 1,027,489 shares in the last quarter. Aberdeen Group plc purchased a new position in StoneX Group in the 3rd quarter worth approximately $19,953,000. JPMorgan Chase & Co. increased its stake in StoneX Group by 23.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 758,390 shares of the company’s stock worth $76,537,000 after purchasing an additional 146,065 shares during the period. UBS Group AG increased its stake in StoneX Group by 88.5% in the 3rd quarter. UBS Group AG now owns 245,611 shares of the company’s stock worth $24,787,000 after purchasing an additional 115,289 shares during the period. Finally, Champlain Investment Partners LLC increased its stake in StoneX Group by 21.8% in the 3rd quarter. Champlain Investment Partners LLC now owns 555,771 shares of the company’s stock worth $56,088,000 after purchasing an additional 99,621 shares during the period. Hedge funds and other institutional investors own 75.93% of the company’s stock.

Key Headlines Impacting StoneX Group

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

• Positive Sentiment: Zacks added StoneX Group to its Strong Buy list, which may have helped support sentiment as investors look for analyst upgrades and improving expectations. New Strong Buy Stocks for May 21st
• Positive Sentiment: The company’s subsidiary, The Benchmark Company, announced the inaugural Benchmark-StoneX Quantum Computing Summit, highlighting StoneX’s effort to grow its investment-banking and research franchise in a fast-growing technology niche. The Benchmark Company Announces Inaugural Quantum Computing Summit
• Positive Sentiment: StoneX also announced the expansion of its Birmingham, Alabama presence, reinforcing a key operating hub that supports clearing and broader global operations. StoneX Expands Birmingham Presence, Reinforcing Its Role as a Strategic Operating Hub
• Neutral Sentiment: Two insider-sale headlines involving Chief Governance/Legal Officer Diego Rotsztain added to recent selling activity, but both trades were disclosed as part of a pre-arranged 10b5-1 plan, which can reduce the bearish signal. Diego Rotsztain Sells 13,696 Shares of StoneX Group (NASDAQ:SNEX) Stock Diego Rotsztain Sells 20,054 Shares of StoneX Group (NASDAQ:SNEX) Stock
• Negative Sentiment: Recent headline risk remains from broader insider selling by executives, which may weigh on sentiment even though some sales are routine and pre-planned. Insider Selling: StoneX Group (NASDAQ:SNEX) Insider Sells 13,696 Shares of Stock

Insider Transactions at StoneX Group

In other news, Director Annabelle G. Bexiga sold 1,500 shares of the firm’s stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $112.82, for a total value of $169,230.00. Following the completion of the sale, the director directly owned 21,688 shares of the company’s stock, valued at approximately $2,446,840.16. This trade represents a 6.47% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO William J. Dunaway sold 64,017 shares of the firm’s stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $110.46, for a total transaction of $7,071,317.82. Following the completion of the sale, the chief financial officer directly owned 273,586 shares of the company’s stock, valued at approximately $30,220,309.56. This represents a 18.96% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 438,817 shares of company stock worth $48,063,599. 11.79% of the stock is owned by corporate insiders.

StoneX Group Trading Down 0.3%

NASDAQ:SNEX opened at $112.12 on Friday. The company has a 50-day moving average price of $100.51 and a 200-day moving average price of $102.86. StoneX Group Inc. has a 12 month low of $53.52 and a 12 month high of $125.42. The company has a current ratio of 1.74, a quick ratio of 1.33 and a debt-to-equity ratio of 1.27. The stock has a market cap of $8.89 billion, a price-to-earnings ratio of 20.03 and a beta of 0.64.

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

Wall Street Analyst Weigh In

A number of equities analysts have commented on SNEX shares. Zacks Research raised StoneX Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 5th. William Blair reaffirmed an “outperform” rating on shares of StoneX Group in a research note on Monday, March 9th. Wall Street Zen raised shares of StoneX Group from a “hold” rating to a “buy” rating in a research report on Sunday, April 5th. Weiss Ratings raised shares of StoneX Group from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, February 23rd. Finally, Jefferies Financial Group increased their price target on shares of StoneX Group from $99.00 to $122.00 and gave the company a “buy” rating in a research report on Monday, February 2nd. One research analyst has rated the stock with a Strong Buy rating and three have assigned a Buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $122.00.

StoneX Group 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.