StoneX Group Inc. (NASDAQ:SNEX) Chairman John Radziwill Buys 1,400 Shares

StoneX Group Inc. (NASDAQ:SNEX) Chairman John Radziwill purchased 1,400 shares of the business’s stock in a transaction that occurred on Thursday, June 12th. The shares were purchased at an average price of $85.00 per share, for a total transaction of $119,000.00. Following the completion of the acquisition, the chairman now directly owns 100,240 shares in the company, valued at $8,520,400. The trade was a 1.42% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

StoneX Group Stock Performance

Shares of NASDAQ:SNEX opened at $84.24 on Friday. The firm’s 50 day simple moving average is $84.81 and its 200-day simple moving average is $76.96. 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 Inc. has a one year low of $46.71 and a one year high of $97.17. The firm has a market cap of $4.12 billion, a PE ratio of 10.06 and a beta of 0.53.

StoneX Group (NASDAQ:SNEX) last released its quarterly earnings data on Wednesday, May 14th. The company reported $1.41 EPS for the quarter, topping the consensus estimate of $1.32 by $0.09. The company had revenue of $956.00 million for the quarter, compared to the consensus estimate of $907.30 million. StoneX Group had a return on equity of 16.83% and a net margin of 0.26%. As a group, equities analysts predict that StoneX Group Inc. will post 8.7 EPS for the current year.

Analysts Set New Price Targets

Separately, William Blair assumed coverage on shares of StoneX Group in a report on Wednesday, March 26th. They set an “outperform” rating on the stock.

Hedge Funds Weigh In On StoneX Group

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. increased its position in StoneX Group by 51.3% during the 1st quarter. Vanguard Group Inc. now owns 2,881,228 shares of the company’s stock valued at $220,068,000 after purchasing an additional 976,587 shares during the period. American Century Companies Inc. boosted its stake in shares of StoneX Group by 93.6% during the first quarter. American Century Companies Inc. now owns 1,963,717 shares of the company’s stock valued at $149,989,000 after purchasing an additional 949,486 shares in the last quarter. Perpetual Ltd purchased a new position in StoneX Group during the first quarter valued at approximately $64,679,000. Dimensional Fund Advisors LP raised its stake in StoneX Group by 41.8% in the first quarter. Dimensional Fund Advisors LP now owns 1,923,494 shares of the company’s stock worth $146,915,000 after buying an additional 567,196 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its stake in StoneX Group by 82.8% in the first quarter. Ameriprise Financial Inc. now owns 914,212 shares of the company’s stock worth $69,828,000 after buying an additional 414,204 shares in the last quarter. 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.