StoneX Group (NASDAQ:SNEX) Insider Diego Rotsztain Sells 20,630 Shares of Stock

StoneX Group Inc. (NASDAQ:SNEX) insider Diego Rotsztain sold 20,630 shares of StoneX Group stock in a transaction that occurred on Friday, July 24th. The stock was sold at an average price of $74.40, for a total transaction of $1,534,872.00. Following the completion of the transaction, the insider directly owned 34,870 shares in the company, valued at approximately $2,594,328. The trade was a 37.17% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• 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 Wednesday, May 20th, Diego Rotsztain sold 20,544 shares of StoneX Group stock. The shares were sold at an average price of $75.19, for a total transaction of $1,544,771.84.
• On Monday, May 18th, Diego Rotsztain sold 30,081 shares of StoneX Group stock. The stock was sold at an average price of $74.32, for a total transaction of $2,235,619.92.

StoneX Group Stock Performance

Shares of SNEX stock opened at $74.28 on Wednesday. StoneX Group Inc. has a 12-month low of $35.68 and a 12-month high of $94.66. The business’s fifty day simple moving average is $79.80 and its 200-day simple moving average is $74.67. The company has a current ratio of 1.74, a quick ratio of 1.33 and a debt-to-equity ratio of 1.27. The company has a market cap of $8.83 billion, a PE ratio of 19.91 and a beta of 0.65.

StoneX Group (NASDAQ:SNEX) last posted its quarterly earnings data on Wednesday, May 6th. The company reported $1.38 earnings per share for the quarter, topping analysts’ consensus estimates of $1.07 by $0.31. StoneX Group had a return on equity of 19.31% and a net margin of 0.30%.The firm had revenue of $826.40 million during the quarter, compared to analysts’ expectations of $1.37 billion. Analysts expect that StoneX Group Inc. will post 4 earnings per share for the current fiscal year.

StoneX Group News Roundup

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

• Neutral Sentiment: CEO Philip Andrew Smith sold 45,000 shares for approximately $3.34 million, while CFO William J. Dunaway sold 95,970 shares for about $7.13 million. Both retained sizable stakes following the transactions. CEO transaction filing CFO transaction filing
• Neutral Sentiment: Chairman Sean Michael Oconnor sold 104,934 shares for approximately $7.80 million but continued to own about 1.75 million shares directly. Other insider sales included 52,376 shares by Mark Lowry Maurer and 29,995 shares by Diego Rotsztain. Chairman transaction filing
• Negative Sentiment: The concentration of insider selling—particularly by senior leadership—can be interpreted as a short-term confidence concern and may contribute to the stock’s recent decrease. However, the scheduled nature of the transactions reduces the likelihood that the sales reflect newly formed negative views about StoneX’s business or outlook. Insider transaction filing

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of SNEX. Choreo LLC grew its position in shares of StoneX Group by 4.5% during the 4th quarter. Choreo LLC now owns 2,764 shares of the company’s stock valued at $270,000 after acquiring an additional 118 shares during the period. Lido Advisors LLC raised its holdings in StoneX Group by 3.2% in the 4th quarter. Lido Advisors LLC now owns 4,050 shares of the company’s stock worth $403,000 after purchasing an additional 125 shares during the period. Maryland State Retirement & Pension System boosted its position in StoneX Group by 2.2% during the fourth quarter. Maryland State Retirement & Pension System now owns 6,818 shares of the company’s stock worth $649,000 after purchasing an additional 144 shares in the last quarter. Sterling Capital Management LLC boosted its position in StoneX Group by 48.7% during the first quarter. Sterling Capital Management LLC now owns 476 shares of the company’s stock worth $38,000 after purchasing an additional 156 shares in the last quarter. Finally, Corient Private Wealth LLC grew its holdings in StoneX Group by 5.8% in the fourth quarter. Corient Private Wealth LLC now owns 2,993 shares of the company’s stock valued at $285,000 after purchasing an additional 163 shares during the period. Institutional investors and hedge funds own 75.93% of the company’s stock.

Wall Street Analyst Weigh In

SNEX has been the subject of several research analyst reports. Jefferies Financial Group lowered shares of StoneX Group from a “buy” rating to a “hold” rating and decreased their price objective for the company from $123.00 to $112.00 in a research report on Monday, July 20th. Weiss Ratings downgraded shares of StoneX Group from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, July 17th. Wall Street Zen raised shares of StoneX Group from a “hold” rating to a “buy” rating in a report on Sunday, April 5th. Finally, Zacks Research downgraded shares of StoneX Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 6th. Two investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, StoneX Group presently has a consensus rating of “Moderate Buy” and an average target price of $112.00.

About StoneX Group

StoneX Group Inc (NASDAQ: SNEX) is a global financial services firm offering execution, risk management, advisory and post-trade solutions across commodities, currencies, securities and digital assets. The company serves commercial businesses, institutional clients and financial intermediaries, providing market access and tailored services designed to help clients manage price risk, optimize working capital and execute complex transactions.

StoneX operates through several core segments.