StoneX Group Inc. (NASDAQ:SNEX) Chairman Sells $309,477.69 in Stock

StoneX Group Inc. (NASDAQ:SNEX) Chairman Sean Michael Oconnor sold 3,417 shares of the stock in a transaction dated Thursday, May 1st. The shares were sold at an average price of $90.57, for a total transaction of $309,477.69. Following the completion of the sale, the chairman now owns 1,019,667 shares of the company’s stock, valued at approximately $92,351,240.19. The trade was a 0.33 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Sean Michael Oconnor also recently made the following trade(s):

• On Tuesday, April 29th, Sean Michael Oconnor sold 34,083 shares of StoneX Group stock. The shares were sold at an average price of $89.63, for a total value of $3,054,859.29.

StoneX Group Price Performance

Shares of StoneX Group stock opened at $92.81 on Friday. The firm has a market cap of $4.47 billion, a P/E ratio of 11.09 and a beta of 0.65. The firm’s 50-day simple moving average is $78.70 and its 200-day simple moving average is $71.95. StoneX Group Inc. has a twelve month low of $46.43 and a twelve month high of $93.33. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.29 and a current ratio of 1.77.

StoneX Group (NASDAQ:SNEX) last released its quarterly earnings data on Wednesday, February 5th. The company reported $1.69 earnings per share for the quarter, beating analysts’ consensus estimates of $1.43 by $0.26. StoneX Group had a return on equity of 16.83% and a net margin of 0.26%. As a group, research analysts expect that StoneX Group Inc. will post 8.7 EPS for the current fiscal year.

Analysts Set New Price Targets

Separately, William Blair started coverage on StoneX Group in a research note on Wednesday, March 26th. They issued an “outperform” rating for the company.

Institutional Trading of StoneX Group

Institutional investors have recently bought and sold shares of the stock. Barclays PLC boosted its stake in shares of StoneX Group by 359.4% in the 3rd quarter. Barclays PLC now owns 46,755 shares of the company’s stock valued at $3,828,000 after purchasing an additional 36,577 shares in the last quarter. Principal Financial Group Inc. boosted its position in StoneX Group by 11.0% in the third quarter. Principal Financial Group Inc. now owns 149,442 shares of the company’s stock valued at $12,236,000 after buying an additional 14,784 shares in the last quarter. Diversified Trust Co bought a new stake in StoneX Group during the fourth quarter worth about $298,000. Harbor Capital Advisors Inc. increased its holdings in shares of StoneX Group by 2.3% during the fourth quarter. Harbor Capital Advisors Inc. now owns 318,125 shares of the company’s stock worth $31,167,000 after buying an additional 7,037 shares in the last quarter. Finally, USA Financial Formulas bought a new position in shares of StoneX Group in the fourth quarter valued at approximately $129,000. Institutional investors and hedge funds own 75.93% of the company’s stock.

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.