StoneX Group Inc. (NASDAQ:SNEX) Director Sells $31,704.00 in Stock

StoneX Group Inc. (NASDAQ:SNEX) Director John Moore Fowler sold 400 shares of the company’s stock in a transaction that occurred on Friday, July 12th. The stock was sold at an average price of $79.26, for a total value of $31,704.00. Following the completion of the transaction, the director now owns 2,000 shares of the company’s stock, valued at approximately $158,520. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

John Moore Fowler also recently made the following trade(s):

• On Monday, June 3rd, John Moore Fowler sold 600 shares of StoneX Group stock. The shares were sold at an average price of $75.34, for a total value of $45,204.00.

StoneX Group Stock Performance

Shares of SNEX opened at $79.75 on Thursday. The business’s 50 day moving average is $74.69 and its two-hundred day moving average is $70.50. StoneX Group Inc. has a 52-week low of $57.46 and a 52-week high of $81.14. The firm has a market cap of $2.53 billion, a price-to-earnings ratio of 10.63 and a beta of 0.77. The company has a quick ratio of 1.20, a current ratio of 1.61 and a debt-to-equity ratio of 1.52.

StoneX Group (NASDAQ:SNEX) last announced its earnings results on Wednesday, May 8th. The company reported $1.66 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.61 by $0.05. StoneX Group had a return on equity of 17.29% and a net margin of 0.33%. The company had revenue of $818.20 million for the quarter, compared to analyst estimates of $788.30 million. Analysts forecast that StoneX Group Inc. will post 7.25 EPS for the current fiscal year.

Hedge Funds Weigh In On StoneX Group

A number of institutional investors have recently made changes to their positions in SNEX. Vanguard Group Inc. raised its position in shares of StoneX Group by 53.1% during the 4th quarter. Vanguard Group Inc. now owns 1,875,853 shares of the company’s stock valued at $138,494,000 after acquiring an additional 650,911 shares in the last quarter. Dimensional Fund Advisors LP raised its position in shares of StoneX Group by 53.4% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,406,553 shares of the company’s stock valued at $103,845,000 after acquiring an additional 489,359 shares in the last quarter. Private Capital Management LLC raised its position in shares of StoneX Group by 50.9% during the 4th quarter. Private Capital Management LLC now owns 555,572 shares of the company’s stock valued at $41,018,000 after acquiring an additional 187,349 shares in the last quarter. Assenagon Asset Management S.A. raised its position in shares of StoneX Group by 102.9% during the 4th quarter. Assenagon Asset Management S.A. now owns 220,725 shares of the company’s stock valued at $16,296,000 after acquiring an additional 111,948 shares in the last quarter. Finally, Harbor Capital Advisors Inc. raised its position in shares of StoneX Group by 273.4% during the 2nd quarter. Harbor Capital Advisors Inc. now owns 125,319 shares of the company’s stock valued at $9,438,000 after acquiring an additional 91,757 shares in the last quarter. 75.93% of the stock is owned by institutional investors and hedge funds.

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.