StoneX Group Inc. (NASDAQ:SNEX - Get Free Report) CEO Sean Michael Oconnor sold 37,500 shares of the business's stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $98.42, for a total value of $3,690,750.00. Following the transaction, the chief executive officer now directly owns 506,994 shares in the company, valued at approximately $49,898,349.48. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
StoneX Group Price Performance
NASDAQ SNEX traded up $0.22 during trading on Friday, reaching $97.31. The company's stock had a trading volume of 253,292 shares, compared to its average volume of 131,135. The firm has a fifty day moving average of $84.63 and a 200 day moving average of $79.07. StoneX Group Inc. has a one year low of $59.07 and a one year high of $101.61. The stock has a market capitalization of $3.09 billion, a PE ratio of 13.59 and a beta of 0.75. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.64 and a quick ratio of 1.20.
StoneX Group (NASDAQ:SNEX - Get Free Report) last released its quarterly earnings data on Tuesday, August 6th. The company reported $1.91 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.78 by $0.13. The business had revenue of $913.70 million for the quarter, compared to the consensus estimate of $817.80 million. StoneX Group had a return on equity of 15.89% and a net margin of 0.27%. Analysts expect that StoneX Group Inc. will post 7.75 EPS for the current fiscal year.
Institutional Investors Weigh In On StoneX Group
Large investors have recently added to or reduced their stakes in the business. American Century Companies Inc. grew its position in shares of StoneX Group by 80.3% during the second quarter. American Century Companies Inc. now owns 808,768 shares of the company's stock worth $60,908,000 after buying an additional 360,164 shares in the last quarter. Harbor Capital Advisors Inc. lifted its position in shares of StoneX Group by 148.2% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 311,088 shares of the company's stock worth $25,472,000 after purchasing an additional 185,769 shares during the last quarter. Assenagon Asset Management S.A. lifted its position in StoneX Group by 21.4% in the second quarter. Assenagon Asset Management S.A. now owns 328,751 shares of the company's stock worth $24,758,000 after purchasing an additional 57,938 shares during the period. Janus Henderson Group PLC lifted its holdings in StoneX Group by 341.9% during the 1st quarter. Janus Henderson Group PLC now owns 63,791 shares of the company's stock valued at $4,480,000 after purchasing an additional 49,355 shares during the last quarter. Finally, Royce & Associates LP raised its stake in shares of StoneX Group by 38.6% during the third quarter. Royce & Associates LP now owns 154,744 shares of the company's stock worth $12,670,000 after buying an additional 43,126 shares during the last quarter. 75.93% of the stock is owned by hedge funds and other institutional investors.
About StoneX Group
(
Get Free Report)
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.
Read More
Before you consider StoneX Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and StoneX Group wasn't on the list.
While StoneX Group currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.