StoneX Group (NASDAQ:SNEX) Insider Mark Lowry Maurer Sells 11,542 Shares of Stock

StoneX Group Inc. (NASDAQ:SNEX) insider Mark Lowry Maurer sold 11,542 shares of the company’s stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $133.63, for a total value of $1,542,357.46. Following the completion of the transaction, the insider owned 135,496 shares of the company’s stock, valued at $18,106,330.48. This trade represents a 7.85% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Mark Lowry Maurer also recently made the following trade(s):

• On Monday, June 15th, Mark Lowry Maurer sold 34,706 shares of StoneX Group stock. The stock was sold at an average price of $135.31, for a total value of $4,696,068.86.

StoneX Group Price Performance

Shares of NASDAQ:SNEX opened at $132.66 on Thursday. The company’s 50-day moving average is $111.40 and its 200 day moving average is $107.03. 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 company has a market capitalization of $10.51 billion, a P/E ratio of 23.70 and a beta of 0.64. StoneX Group Inc. has a fifty-two week low of $53.52 and a fifty-two week high of $139.24.

Shares of StoneX Group are set to split before the market opens on Monday, July 20th. The 3-2 split was announced on Tuesday, May 26th. The newly created shares will be payable to shareholders after the market closes on Friday, July 17th.

StoneX Group (NASDAQ:SNEX) last issued its quarterly earnings results on Wednesday, May 6th. The company reported $2.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.60 by $0.47. The company had revenue of $826.40 million during the quarter, compared to analyst estimates of $1.37 billion. StoneX Group had a net margin of 0.30% and a return on equity of 19.31%. On average, equities research analysts forecast that StoneX Group Inc. will post 6 earnings per share for the current year.

Wall Street Analysts Forecast Growth

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

Trending Headlines about StoneX Group

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

• Positive Sentiment: Recent Zacks commentary highlighted StoneX’s record results, acquisition-driven growth, AI trading tools, and global expansion as factors supporting the bullish case for SNEX. StoneX Is Tapping AI, Trading Volatility and Global Expansion
• Positive Sentiment: StoneX’s last earnings report beat EPS expectations, and the stock has recently hit a 12-month high, reflecting strong momentum and investor demand. StoneX Group (SNEX) Soars 3.9%: Is Further Upside Left in the Stock?
• Neutral Sentiment: The company’s planned 3-for-2 stock split on July 20 could improve trading liquidity and attract more attention, but it does not change StoneX’s fundamentals. StoneX Group insider trades page
• Negative Sentiment: Insider selling has been heavy over the past few days, including sales by Chairman Sean Michael O’Connor, President Charles M. Lyon, Director Annabelle Bexiga, and Mark Lowry Maurer. Even though some trades were made under 10b5-1 plans, the cluster of sales may be weighing on investor sentiment. SEC filing

Institutional Investors Weigh In On StoneX Group

A number of hedge funds and other institutional investors have recently bought and sold shares of SNEX. Vanguard Group Inc. lifted its position in shares of StoneX Group by 34.3% during the third quarter. Vanguard Group Inc. now owns 4,020,305 shares of the company’s stock worth $405,729,000 after acquiring an additional 1,027,489 shares in the last quarter. Dimensional Fund Advisors LP grew its position in shares of StoneX Group by 50.2% in the first quarter. Dimensional Fund Advisors LP now owns 2,107,795 shares of the company’s stock valued at $169,976,000 after purchasing an additional 704,493 shares in the last quarter. Price T Rowe Associates Inc. MD raised its stake in shares of StoneX Group by 18.2% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 2,851,468 shares of the company’s stock valued at $271,261,000 after purchasing an additional 439,771 shares during the period. T. Rowe Price Investment Management Inc. raised its stake in shares of StoneX Group by 24.4% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 1,499,292 shares of the company’s stock valued at $142,628,000 after purchasing an additional 294,203 shares during the period. Finally, Bank of America Corp DE lifted its holdings in StoneX Group by 115.6% during the 1st quarter. Bank of America Corp DE now owns 464,475 shares of the company’s stock worth $37,460,000 after purchasing an additional 249,088 shares in the last quarter. Institutional investors 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.