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

StoneX Group Inc. (NASDAQ:SNEX) insider Diego Rotsztain sold 20,630 shares of the firm’s stock in a transaction 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 of the company’s stock, valued at approximately $2,594,328. This represents a 37.17% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through 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 value 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 value of $2,235,619.92.

StoneX Group Stock Performance

StoneX Group stock traded down $0.33 during trading hours on Tuesday, hitting $74.10. 237,515 shares of the stock traded hands, compared to its average volume of 1,123,212. The company has a debt-to-equity ratio of 1.27, a current ratio of 1.74 and a quick ratio of 1.33. The firm’s 50 day moving average price is $79.77 and its 200-day moving average price is $74.63. The stock has a market capitalization of $8.81 billion, a price-to-earnings ratio of 19.96 and a beta of 0.65. StoneX Group Inc. has a 1 year low of $35.68 and a 1 year high of $94.66.

StoneX Group (NASDAQ:SNEX) last announced its quarterly earnings data on Wednesday, May 6th. The company reported $1.38 earnings per share (EPS) for the quarter, topping the consensus estimate 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. As a group, equities analysts expect that StoneX Group Inc. will post 4 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Cassaday & Co Wealth Management LLC purchased a new position in shares of StoneX Group in the first quarter valued at approximately $34,000. Transamerica Financial Advisors LLC boosted its position in StoneX Group by 183.0% during the fourth quarter. Transamerica Financial Advisors LLC now owns 433 shares of the company’s stock worth $41,000 after acquiring an additional 280 shares during the last quarter. Sterling Capital Management LLC raised its holdings in StoneX Group by 48.7% in the 1st quarter. Sterling Capital Management LLC now owns 476 shares of the company’s stock valued at $38,000 after acquiring an additional 156 shares during the last quarter. Basecamp Wealth Advisors LLC lifted its stake in StoneX Group by 49.7% in the 1st quarter. Basecamp Wealth Advisors LLC now owns 512 shares of the company’s stock worth $41,000 after purchasing an additional 170 shares in the last quarter. Finally, International Assets Investment Management LLC purchased a new stake in shares of StoneX Group in the fourth quarter valued at approximately $50,000. 75.93% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

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

More StoneX Group News

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

• Neutral Sentiment: All reported transactions were made under pre-arranged Rule 10b5-1 plans, meaning the sales may have been scheduled in advance rather than driven by current business conditions. SEC insider trading filing
• Negative Sentiment: StoneX insiders sold a combined 348,905 shares worth approximately $25.9 million in transactions on July 22 and July 24. The sellers included Chairman Sean Michael Oconnor, CFO William J. Dunaway, CEO Philip Andrew Smith and other insiders. SEC insider trading filings
• Negative Sentiment: The largest sales came from Chairman Oconnor, who sold 104,934 shares for about $7.8 million, and CFO Dunaway, who sold 95,970 shares for about $7.1 million. CEO Smith sold 45,000 shares for approximately $3.3 million, while other insiders also reduced their holdings. SEC insider trading filing

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.