Charles M. Lyon Sells 17,000 Shares of StoneX Group Inc. (NASDAQ:SNEX) Stock

StoneX Group Inc. (NASDAQ:SNEX) President Charles M. Lyon sold 17,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 14th. The stock was sold at an average price of $87.92, for a total transaction of $1,494,640.00. Following the transaction, the president now directly owns 122,080 shares of the company’s stock, valued at $10,733,273.60. This trade represents a 12.22% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

StoneX Group Stock Performance

Shares of SNEX stock opened at $87.52 on Friday. StoneX Group Inc. has a one year low of $46.43 and a one year high of $97.17. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.29 and a current ratio of 1.77. The company has a 50 day moving average price of $80.98 and a 200 day moving average price of $74.21. The firm has a market capitalization of $4.28 billion, a price-to-earnings ratio of 10.46 and a beta of 0.63.

StoneX Group (NASDAQ:SNEX) last issued its quarterly earnings results on Wednesday, May 14th. The company reported $1.41 EPS for the quarter, topping the consensus estimate of $1.32 by $0.09. StoneX Group had a net margin of 0.26% and a return on equity of 16.83%. The firm had revenue of $956.00 million during the quarter, compared to analyst estimates of $907.30 million. Sell-side analysts anticipate that StoneX Group Inc. will post 8.7 EPS for the current year.

Institutional Investors Weigh In On StoneX Group

Several large investors have recently made changes to their positions in the business. Vanguard Group Inc. increased its position in shares of StoneX Group by 51.3% in the first quarter. Vanguard Group Inc. now owns 2,881,228 shares of the company’s stock worth $220,068,000 after acquiring an additional 976,587 shares in the last quarter. American Century Companies Inc. increased its position in shares of StoneX Group by 93.6% in the first quarter. American Century Companies Inc. now owns 1,963,717 shares of the company’s stock worth $149,989,000 after acquiring an additional 949,486 shares in the last quarter. Dimensional Fund Advisors LP increased its position in shares of StoneX Group by 41.8% in the first quarter. Dimensional Fund Advisors LP now owns 1,923,494 shares of the company’s stock worth $146,915,000 after acquiring an additional 567,196 shares in the last quarter. Van Berkom & Associates Inc. increased its position in shares of StoneX Group by 16.0% in the first quarter. Van Berkom & Associates Inc. now owns 1,408,659 shares of the company’s stock worth $107,593,000 after acquiring an additional 193,921 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its position in shares of StoneX Group by 82.8% in the first quarter. Ameriprise Financial Inc. now owns 914,212 shares of the company’s stock worth $69,828,000 after acquiring an additional 414,204 shares in the last quarter. Institutional investors and hedge funds own 75.93% of the company’s stock.

Analysts Set New Price Targets

Separately, William Blair initiated coverage on shares of StoneX Group in a research report on Wednesday, March 26th. They set an “outperform” rating for the company.

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.