StoneX Group Inc. (NASDAQ:SNEX) Insider Diego Rotsztain Sells 1,090 Shares

StoneX Group Inc. (NASDAQ:SNEX - Get Free Report) insider Diego Rotsztain sold 1,090 shares of the stock in a transaction that occurred on Thursday, June 6th. The shares were sold at an average price of $73.50, for a total value of $80,115.00. Following the completion of the sale, the insider now directly owns 29,880 shares of the company's stock, valued at approximately $2,196,180. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

StoneX Group Stock Performance

StoneX Group stock traded down $1.56 during mid-day trading on Monday, hitting $71.97. 128,746 shares of the company's stock traded hands, compared to its average volume of 125,345. The firm has a 50 day simple moving average of $71.96 and a two-hundred day simple moving average of $69.16. StoneX Group Inc. has a fifty-two week low of $53.89 and a fifty-two week high of $80.00. The stock has a market cap of $2.28 billion, a price-to-earnings ratio of 9.56 and a beta of 0.80. The company has a debt-to-equity ratio of 1.52, a current ratio of 1.61 and a quick ratio of 1.20.

StoneX Group (NASDAQ:SNEX - Get Free Report) last posted its earnings results on Wednesday, May 8th. The company reported $1.66 earnings per share for the quarter, topping 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 during the quarter, compared to the consensus estimate of $788.30 million. On average, research analysts expect that StoneX Group Inc. will post 7.4 EPS for the current fiscal year.

Institutional Investors Weigh In On StoneX Group

A number of hedge funds and other institutional investors have recently modified their holdings of SNEX. Naples Money Management LLC bought a new position in shares of StoneX Group in the fourth quarter worth $30,000. FinTrust Capital Advisors LLC increased its position in shares of StoneX Group by 50.0% in the fourth quarter. FinTrust Capital Advisors LLC now owns 450 shares of the company's stock worth $33,000 after purchasing an additional 150 shares during the period. Parkside Financial Bank & Trust increased its position in shares of StoneX Group by 45.2% in the fourth quarter. Parkside Financial Bank & Trust now owns 601 shares of the company's stock worth $44,000 after purchasing an additional 187 shares during the period. Allworth Financial LP increased its position in shares of StoneX Group by 49.5% in the fourth quarter. Allworth Financial LP now owns 815 shares of the company's stock worth $60,000 after purchasing an additional 270 shares during the period. Finally, Quadrant Capital Group LLC increased its position in shares of StoneX Group by 107.2% in the fourth quarter. Quadrant Capital Group LLC now owns 953 shares of the company's stock worth $70,000 after purchasing an additional 493 shares during the period. Institutional investors and hedge funds own 75.93% of the company's stock.

StoneX Group Company Profile

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.

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