Sean Michael Oconnor Sells 75,000 Shares of StoneX Group (NASDAQ:SNEX) Stock

StoneX Group Inc. (NASDAQ:SNEX) Chairman Sean Michael Oconnor sold 75,000 shares of the business’s stock in a transaction on Friday, June 12th. The shares were sold at an average price of $131.15, for a total transaction of $9,836,250.00. Following the sale, the chairman directly owned 1,161,921 shares in the company, valued at $152,385,939.15. This trade represents a 6.06% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Sean Michael Oconnor also recently made the following trade(s):

• On Monday, June 15th, Sean Michael Oconnor sold 75,000 shares of StoneX Group stock. The shares were sold at an average price of $135.42, for a total transaction of $10,156,500.00.
• On Tuesday, May 19th, Sean Michael Oconnor sold 72,140 shares of StoneX Group stock. The shares were sold at an average price of $109.94, for a total transaction of $7,931,071.60.
• On Friday, May 15th, Sean Michael Oconnor sold 140,070 shares of StoneX Group stock. The shares were sold at an average price of $110.31, for a total transaction of $15,451,121.70.
• On Monday, May 18th, Sean Michael Oconnor sold 87,790 shares of StoneX Group stock. The shares were sold at an average price of $111.46, for a total transaction of $9,785,073.40.

StoneX Group Price Performance

NASDAQ:SNEX opened at $132.66 on Thursday. StoneX Group Inc. has a one year low of $53.52 and a one year high of $139.24. The company has a debt-to-equity ratio of 1.27, a quick ratio of 1.33 and a current ratio of 1.74. The firm has a market cap of $10.51 billion, a price-to-earnings ratio of 23.70 and a beta of 0.64. The firm’s fifty day moving average is $111.40 and its two-hundred day moving average is $107.03.

StoneX Group shares are going to split on Monday, July 20th. The 3-2 split was announced on Tuesday, May 26th. The newly issued shares will be distributed to shareholders after the market closes on Friday, July 17th.

StoneX Group (NASDAQ:SNEX) last posted its quarterly earnings results on Wednesday, May 6th. The company reported $2.07 EPS for the quarter, beating 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 company had revenue of $826.40 million for the quarter, compared to analyst estimates of $1.37 billion. Research analysts expect that StoneX Group Inc. will post 6 EPS for the current year.

Institutional Trading of StoneX Group

A number of hedge funds have recently bought and sold shares of SNEX. Bessemer Group Inc. grew its stake in shares of StoneX Group by 1,562.1% in the 4th quarter. Bessemer Group Inc. now owns 164,249 shares of the company’s stock valued at $15,626,000 after buying an additional 154,367 shares during the period. Leuthold Group LLC grew its stake in shares of StoneX Group by 834.0% in the 4th quarter. Leuthold Group LLC now owns 30,487 shares of the company’s stock valued at $2,900,000 after buying an additional 27,223 shares during the period. Vanguard Group Inc. grew its stake in shares of StoneX Group by 0.3% in the 4th quarter. Vanguard Group Inc. now owns 4,031,545 shares of the company’s stock valued at $383,521,000 after buying an additional 11,240 shares during the period. Northwestern Mutual Wealth Management Co. grew its stake in shares of StoneX Group by 18,363.4% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 26,772 shares of the company’s stock valued at $2,547,000 after buying an additional 26,627 shares during the period. Finally, AltraVue Capital LLC grew its stake in shares of StoneX Group by 0.9% in the 3rd quarter. AltraVue Capital LLC now owns 1,313,712 shares of the company’s stock valued at $132,580,000 after buying an additional 11,740 shares during the period. Institutional investors and hedge funds own 75.93% of the company’s stock.

Key Stories Impacting StoneX Group

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

• Positive Sentiment: StoneX recently hit a new 12-month high and has been trading with strong volume, suggesting investor demand remains elevated after its sharp run. StoneX Group (NASDAQ:SNEX) Hits New 12-Month High – Should You Buy?
• Positive Sentiment: The company’s last earnings report beat EPS expectations, and recent analyst coverage continues to point to support from scale, acquisitions, AI trading tools, and global expansion. Is SNEX Stock Worth Buying After Its Sharp Run and Richer Valuation?
• Neutral Sentiment: StoneX announced a 3-for-2 stock split scheduled for July 20, which may improve liquidity and trading interest, but does not change the company’s underlying value. StoneX Group insider trades page
• Negative Sentiment: Several insiders sold shares over the past few days, including Chairman Sean Michael O’Connor, CFO William Dunaway, President Charles M. Lyon, Director Annabelle Bexiga, and Mark Lowry Maurer. While some sales were under 10b5-1 plans, the cluster of insider selling may temper sentiment after the recent rally. SEC filing

Analyst Upgrades and Downgrades

SNEX has been the subject of a number of analyst reports. Weiss Ratings reiterated a “buy (b-)” rating on shares of StoneX Group in a research report on Friday, May 22nd. Wall Street Zen upgraded shares of StoneX Group from a “hold” rating to a “buy” rating in a research report on Sunday, April 5th. William Blair restated an “outperform” rating on shares of StoneX Group in a research report on Monday, March 9th. Finally, Zacks Research upgraded shares of StoneX Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 5th. One investment analyst has rated the stock with a Strong Buy rating and three have given a Buy rating to the company’s stock. According to MarketBeat, StoneX Group currently has a consensus rating of “Buy” and a consensus target price of $122.00.

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.