StoneX Group Inc. (NASDAQ:SNEX) Insider Sells $1,767,300.00 in Stock

StoneX Group Inc. (NASDAQ:SNEX) insider Glenn Henry Stevens sold 15,000 shares of the company’s stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $117.82, for a total value of $1,767,300.00. Following the completion of the sale, the insider now owns 77,964 shares of the company’s stock, valued at $9,185,718.48. This represents a 16.14 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

StoneX Group Stock Up 1.8 %

Shares of SNEX stock traded up $2.30 during mid-day trading on Thursday, hitting $126.89. The stock had a trading volume of 415,570 shares, compared to its average volume of 214,902. The firm has a market capitalization of $4.07 billion, a P/E ratio of 15.16 and a beta of 0.78. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.77 and a quick ratio of 1.29. StoneX Group Inc. has a 12-month low of $64.03 and a 12-month high of $127.95. The firm’s 50-day moving average is $105.93 and its two-hundred day moving average is $94.12.

StoneX Group shares are set to split on Monday, March 24th. The 3-2 split was announced on Wednesday, February 5th. The newly issued shares will be payable to shareholders after the closing bell on Friday, March 21st.

StoneX Group (NASDAQ:SNEX) last released its quarterly earnings results on Wednesday, February 5th. The company reported $2.54 EPS for the quarter, topping the consensus estimate of $2.15 by $0.39. StoneX Group had a return on equity of 16.83% and a net margin of 0.26%. On average, analysts predict that StoneX Group Inc. will post 8.7 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the stock. Ashford Capital Management Inc. increased its position in StoneX Group by 4.7% during the 4th quarter. Ashford Capital Management Inc. now owns 293,350 shares of the company’s stock valued at $28,740,000 after buying an additional 13,120 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in StoneX Group by 24.6% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 69,052 shares of the company’s stock valued at $6,765,000 after buying an additional 13,614 shares in the last quarter. Voloridge Investment Management LLC increased its position in StoneX Group by 39.7% during the 4th quarter. Voloridge Investment Management LLC now owns 126,349 shares of the company’s stock valued at $12,378,000 after buying an additional 35,922 shares in the last quarter. Squarepoint Ops LLC increased its position in StoneX Group by 44.6% during the 4th quarter. Squarepoint Ops LLC now owns 7,429 shares of the company’s stock valued at $728,000 after buying an additional 2,291 shares in the last quarter. Finally, Tidal Investments LLC acquired a new position in shares of StoneX Group in the fourth quarter valued at about $16,557,000. 75.93% of the stock is owned by institutional investors.

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.