StoneX Group Inc. (NASDAQ:SNEX) Insider Glenn Henry Stevens Sells 15,000 Shares

StoneX Group Inc. (NASDAQ:SNEX - Get Free Report) insider Glenn Henry Stevens sold 15,000 shares of the business's stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $117.82, for a total value of $1,767,300.00. Following the transaction, the insider now directly owns 77,964 shares in the company, valued at approximately $9,185,718.48. This represents a 16.14 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

StoneX Group Trading Up 1.8 %

Shares of NASDAQ SNEX traded up $2.30 during trading hours on Thursday, hitting $126.89. 415,570 shares of the company traded hands, compared to its average volume of 214,902. The stock has a market capitalization of $4.07 billion, a price-to-earnings ratio of 15.16 and a beta of 0.78. The company has a current ratio of 1.77, a quick ratio of 1.29 and a debt-to-equity ratio of 1.33. The company's 50 day moving average price is $105.93 and its 200 day moving average price is $94.12. StoneX Group Inc. has a 12 month low of $64.03 and a 12 month high of $127.95.

Shares of StoneX Group are set to split before the market opens on Monday, March 24th. The 3-2 split was announced on Wednesday, February 5th. The newly created shares will be payable to shareholders after the market closes on Friday, March 21st.

StoneX Group (NASDAQ:SNEX - Get Free Report) last released its earnings results on Wednesday, February 5th. The company reported $2.54 earnings per share for the quarter, beating the consensus estimate of $2.15 by $0.39. StoneX Group had a return on equity of 16.83% and a net margin of 0.26%. On average, equities research analysts anticipate that StoneX Group Inc. will post 8.7 earnings per share for the current fiscal year.

Hedge Funds Weigh In On StoneX Group

Several large investors have recently modified their holdings of SNEX. State Street Corp boosted its holdings in StoneX Group by 2.8% during the 3rd quarter. State Street Corp now owns 1,147,861 shares of the company's stock valued at $93,987,000 after acquiring an additional 31,681 shares during the period. American Century Companies Inc. boosted its holdings in StoneX Group by 17.7% during the 4th quarter. American Century Companies Inc. now owns 1,014,231 shares of the company's stock valued at $99,364,000 after acquiring an additional 152,847 shares during the period. Geode Capital Management LLC boosted its holdings in StoneX Group by 0.9% during the 4th quarter. Geode Capital Management LLC now owns 677,333 shares of the company's stock valued at $66,372,000 after acquiring an additional 6,076 shares during the period. Rockefeller Capital Management L.P. boosted its holdings in StoneX Group by 6.5% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 623,182 shares of the company's stock valued at $51,022,000 after acquiring an additional 37,808 shares during the period. Finally, T. Rowe Price Investment Management Inc. boosted its holdings in StoneX Group by 2.0% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 521,073 shares of the company's stock valued at $51,050,000 after acquiring an additional 10,222 shares during the period. Institutional investors 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.