StoneX Group Inc. (NASDAQ:SNEX) Insider Glenn Henry Stevens Sells 15,000 Shares of Stock

StoneX Group Inc. (NASDAQ:SNEX) insider Glenn Henry Stevens sold 15,000 shares of the firm’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 directly owns 77,964 shares of the company’s stock, valued at approximately $9,185,718.48. This trade represents a 16.14 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

StoneX Group Trading Up 1.8 %

NASDAQ:SNEX opened at $126.89 on Friday. The stock has a market cap of $4.07 billion, a PE ratio of 15.16 and a beta of 0.78. StoneX Group Inc. has a fifty-two week low of $64.03 and a fifty-two week high of $127.95. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.77 and a quick ratio of 1.29. The stock’s 50-day moving average is $106.45 and its two-hundred day moving average is $94.35.

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

StoneX Group (NASDAQ:SNEX) last announced its quarterly earnings results on Wednesday, February 5th. The company reported $2.54 earnings per share (EPS) for the quarter, beating 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%. As a group, equities research analysts forecast that StoneX Group Inc. will post 8.7 earnings per share for the current fiscal year.

Hedge Funds Weigh In On StoneX Group

Institutional investors have recently bought and sold shares of the stock. Kestra Investment Management LLC bought a new stake in shares of StoneX Group during the 4th quarter worth about $31,000. Huntington National Bank lifted its holdings in StoneX Group by 1,906.9% in the 3rd quarter. Huntington National Bank now owns 582 shares of the company’s stock worth $48,000 after purchasing an additional 553 shares during the last quarter. Smartleaf Asset Management LLC boosted its position in StoneX Group by 250.8% during the fourth quarter. Smartleaf Asset Management LLC now owns 656 shares of the company’s stock worth $64,000 after purchasing an additional 469 shares during the period. Steward Partners Investment Advisory LLC bought a new stake in StoneX Group during the fourth quarter worth approximately $75,000. Finally, KBC Group NV grew its holdings in StoneX Group by 39.0% during the fourth quarter. KBC Group NV now owns 1,309 shares of the company’s stock valued at $128,000 after purchasing an additional 367 shares during the last quarter. 75.93% of the stock is currently owned by institutional investors.

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.