StoneX Group (NASDAQ:SNEX) Insider Diego Rotsztain Sells 30,327 Shares

StoneX Group Inc. (NASDAQ:SNEX) insider Diego Rotsztain sold 30,327 shares of StoneX Group stock in a transaction that occurred on Monday, September 14th. The stock was sold at an average price of $68.83, for a total transaction of $2,087,407.41. Following the sale, the insider owned 55,168 shares of the company’s stock, valued at approximately $3,797,213.44. This represents a 35.47% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Diego Rotsztain also recently made the following trade(s):

• On Wednesday, September 16th, Diego Rotsztain sold 20,298 shares of StoneX Group stock. The stock was sold at an average price of $67.13, for a total transaction of $1,362,604.74.
• On Wednesday, July 22nd, Diego Rotsztain sold 29,995 shares of StoneX Group stock. The shares were sold at an average price of $74.32, for a total transaction of $2,229,228.40.
• On Friday, July 24th, Diego Rotsztain sold 20,630 shares of StoneX Group stock. The shares were sold at an average price of $74.40, for a total transaction of $1,534,872.00.

StoneX Group Price Performance

SNEX opened at $67.61 on Thursday. The company has a fifty day moving average price of $70.80 and a two-hundred day moving average price of $72.62. The firm has a market capitalization of $8.16 billion, a PE ratio of 16.14 and a beta of 0.63. StoneX Group Inc. has a 52 week low of $36.45 and a 52 week high of $94.66. The company has a debt-to-equity ratio of 1.45, a quick ratio of 1.39 and a current ratio of 1.82.

StoneX Group (NASDAQ:SNEX) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $1.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.86 by $0.14. The business had revenue of $39.71 billion for the quarter, compared to analyst estimates of $1.32 billion. StoneX Group had a return on equity of 20.18% and a net margin of 0.33%. As a group, analysts anticipate that StoneX Group Inc. will post 4.35 earnings per share for the current year.

Key StoneX Group News

Here are the key news stories impacting StoneX Group this week:

• Positive Sentiment: Analyst and institutional support: Weiss Ratings upgraded StoneX Group from “hold” to “buy,” while recent filings show substantial purchases by BlackRock, Wasatch Advisors, Dimensional Fund Advisors, Punch & Associates, and Bank of America. Institutional investors own approximately 75.9% of the shares. StoneX: Too Far Too Fast?
• Positive Sentiment: Latest earnings exceeded expectations: StoneX reported quarterly EPS of $1.00, beating the $0.86 consensus estimate. Analysts expect full-year EPS of approximately $4.35, and the stock’s average analyst rating remains “Buy,” with a reported average price target of $112.
• Neutral Sentiment: Planned insider sales: Executives Diego Rotsztain, Abigail Perkins, and Mark Maurer collectively sold more than 190,000 shares during September 14–16 for roughly $13.1 million. Because the sales were executed under pre-arranged 10b5-1 plans, they may reflect scheduled diversification rather than a fresh negative view of StoneX’s outlook. SEC insider transaction filing
• Negative Sentiment: Repeated selling and technical weakness: Mark Maurer sold shares in multiple transactions, reducing his position by more than one-third across the latest reported sales. SNEX is also trading below its 50-day and 200-day moving averages, which could reinforce concerns that the shares have pulled back after a strong advance.

Wall Street Analysts Forecast Growth

SNEX has been the topic of a number of recent analyst reports. Wall Street Zen cut shares of StoneX Group from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. Weiss Ratings upgraded shares of StoneX Group from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday. Zacks Research raised StoneX Group from a “hold” rating to a “strong-buy” rating in a research note on Friday, August 7th. Finally, Jefferies Financial Group cut StoneX Group from a “buy” rating to a “hold” rating and decreased their target price for the company from $123.00 to $112.00 in a research note on Monday, July 20th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of $112.00.

Institutional Investors Weigh In On StoneX Group

Institutional investors have recently added to or reduced their stakes in the stock. Sterling Capital Management LLC increased its stake in StoneX Group by 48.7% in the first quarter. Sterling Capital Management LLC now owns 476 shares of the company’s stock valued at $38,000 after purchasing an additional 156 shares in the last quarter. Basecamp Wealth Advisors LLC raised its holdings in shares of StoneX Group by 49.7% during the first quarter. Basecamp Wealth Advisors LLC now owns 512 shares of the company’s stock valued at $41,000 after purchasing an additional 170 shares during the period. Oregon Public Employees Retirement Fund boosted its position in shares of StoneX Group by 1.8% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 10,650 shares of the company’s stock worth $1,013,000 after purchasing an additional 193 shares in the last quarter. BayBridge Capital Group LLC boosted its position in shares of StoneX Group by 5.3% during the 2nd quarter. BayBridge Capital Group LLC now owns 4,166 shares of the company’s stock worth $494,000 after purchasing an additional 208 shares in the last quarter. Finally, Rakuten Securities Inc. acquired a new stake in shares of StoneX Group in the 2nd quarter valued at about $26,000. 75.93% of the stock is owned by institutional investors.

About StoneX Group

StoneX Group Inc (NASDAQ: SNEX) is a global financial services company that provides execution, clearing, market-making, advisory and risk-management services across a range of markets. Its clients include commercial and industrial businesses, institutional investors, broker-dealers, asset managers, professional traders and retail investors.

The company’s offerings include futures and options trading, securities execution and clearing, foreign exchange, global payments, commodities trading and hedging, and access to physical commodities markets.