StoneX Group (NASDAQ:SNEX) Insider Mark Lowry Maurer Sells 52,376 Shares

StoneX Group Inc. (NASDAQ:SNEX) insider Mark Lowry Maurer sold 52,376 shares of the firm’s stock in a transaction on Wednesday, July 22nd. The stock was sold at an average price of $74.32, for a total value of $3,892,584.32. Following the completion of the transaction, the insider directly owned 220,240 shares of the company’s stock, valued at approximately $16,368,236.80. This trade represents a 19.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Mark Lowry Maurer also recently made the following trade(s):

• On Tuesday, June 16th, Mark Lowry Maurer sold 17,313 shares of StoneX Group stock. The stock was sold at an average price of $89.09, for a total transaction of $1,542,357.46.
• On Monday, June 15th, Mark Lowry Maurer sold 52,059 shares of StoneX Group stock. The shares were sold at an average price of $90.21, for a total transaction of $4,696,068.86.

StoneX Group Trading Down 0.2%

Shares of SNEX stock opened at $74.28 on Wednesday. StoneX Group Inc. has a 52-week low of $35.68 and a 52-week high of $94.66. The stock has a market cap of $8.83 billion, a price-to-earnings ratio of 19.91 and a beta of 0.65. The company has a debt-to-equity ratio of 1.27, a quick ratio of 1.33 and a current ratio of 1.74. The firm has a fifty day moving average of $79.80 and a 200-day moving average of $74.67.

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

Hedge Funds Weigh In On StoneX Group

Several institutional investors have recently added to or reduced their stakes in SNEX. Royal Bank of Canada increased its holdings in shares of StoneX Group by 129.0% during the first quarter. Royal Bank of Canada now owns 77,545 shares of the company’s stock worth $5,923,000 after buying an additional 43,678 shares in the last quarter. NewEdge Advisors LLC acquired a new position in shares of StoneX Group in the 1st quarter worth approximately $449,000. Goldman Sachs Group Inc. grew its position in StoneX Group by 6.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 225,711 shares of the company’s stock worth $17,240,000 after acquiring an additional 13,815 shares during the last quarter. United Services Automobile Association bought a new stake in StoneX Group during the 1st quarter worth approximately $210,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in StoneX Group by 55.1% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 107,125 shares of the company’s stock valued at $8,182,000 after purchasing an additional 38,073 shares in the last quarter. 75.93% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on SNEX. Jefferies Financial Group downgraded 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 report on Monday, July 20th. Wall Street Zen raised StoneX Group from a “hold” rating to a “buy” rating in a report on Sunday, April 5th. Zacks Research downgraded StoneX Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 6th. Finally, Weiss Ratings lowered StoneX Group from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, July 17th. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $112.00.

Key Headlines Impacting StoneX Group

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

StoneX Group Company Profile

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.