StoneX Group Inc. (NASDAQ:SNEX) Director Sells $168,007.50 in Stock

StoneX Group Inc. (NASDAQ:SNEX) Director Eric Parthemore sold 2,250 shares of StoneX Group stock in a transaction on Friday, May 3rd. The shares were sold at an average price of $74.67, for a total value of $168,007.50. Following the completion of the transaction, the director now directly owns 18,860 shares of the company’s stock, valued at $1,408,276.20. The sale was disclosed in a legal filing with the SEC, which is available through this link.

StoneX Group Stock Up 1.3 %

Shares of NASDAQ SNEX opened at $77.89 on Thursday. StoneX Group Inc. has a 52 week low of $52.93 and a 52 week high of $78.31. The stock’s fifty day moving average is $68.83 and its 200 day moving average is $67.16. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.20 and a current ratio of 1.59. The stock has a market capitalization of $2.46 billion, a P/E ratio of 10.86 and a beta of 0.86.

StoneX Group (NASDAQ:SNEX) last released its earnings results on Tuesday, February 6th. The company reported $2.16 EPS for the quarter, beating the consensus estimate of $1.70 by $0.46. The firm had revenue of $784.20 million for the quarter, compared to analyst estimates of $781.80 million. StoneX Group had a net margin of 0.34% and a return on equity of 17.48%. Sell-side analysts forecast that StoneX Group Inc. will post 7.64 earnings per share for the current fiscal year.

Institutional Investors Weigh In On StoneX Group

Several hedge funds and other institutional investors have recently made changes to their positions in SNEX. Woodmont Investment Counsel LLC increased its stake in shares of StoneX Group by 45.8% in the fourth quarter. Woodmont Investment Counsel LLC now owns 125,174 shares of the company’s stock valued at $9,242,000 after buying an additional 39,302 shares during the period. Phocas Financial Corp. increased its position in StoneX Group by 52.9% in the 4th quarter. Phocas Financial Corp. now owns 49,048 shares of the company’s stock valued at $3,621,000 after acquiring an additional 16,979 shares during the period. New York State Teachers Retirement System raised its stake in shares of StoneX Group by 81.3% during the fourth quarter. New York State Teachers Retirement System now owns 30,621 shares of the company’s stock valued at $2,261,000 after acquiring an additional 13,732 shares during the last quarter. Chatham Capital Group Inc. acquired a new position in shares of StoneX Group during the fourth quarter worth $1,058,000. Finally, State of New Jersey Common Pension Fund D grew its stake in shares of StoneX Group by 50.0% in the fourth quarter. State of New Jersey Common Pension Fund D now owns 39,427 shares of the company’s stock worth $2,911,000 after purchasing an additional 13,142 shares during the last quarter. 75.93% of the stock is owned by institutional investors.

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.