Insider Selling: StoneX Group (NASDAQ:SNEX) Insider Sells 1,348 Shares of Stock

Key Points

  • Insider sales: Diego Rotsztain sold a total of 3,825 shares on Dec. 17–18 (1,348 and 2,477 shares) for roughly $364,729, reducing his holdings to 20,004 shares.
  • Company/market context: StoneX (SNEX) trades near $95–96 with a $5.0B market cap and a 16.24 P/E; it reported $1.57 EPS for the quarter (missed by $0.01) and $1.32B revenue (beat estimates), and analysts' consensus is a "Hold" with 75.93% institutional ownership.

StoneX Group Inc. (NASDAQ:SNEX - Get Free Report) insider Diego Rotsztain sold 1,348 shares of the firm's stock in a transaction on Wednesday, December 17th. The stock was sold at an average price of $96.17, for a total value of $129,637.16. Following the completion of the transaction, the insider owned 20,004 shares in the company, valued at $1,923,784.68. The trade was a 6.31% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Diego Rotsztain also recently made the following trade(s):

  • On Thursday, December 18th, Diego Rotsztain sold 2,477 shares of StoneX Group stock. The stock was sold at an average price of $94.91, for a total transaction of $235,092.07.

StoneX Group Trading Up 1.7%

Shares of StoneX Group stock opened at $95.71 on Friday. The company has a quick ratio of 1.35, a current ratio of 1.72 and a debt-to-equity ratio of 1.56. StoneX Group Inc. has a 12-month low of $61.32 and a 12-month high of $106.98. The company has a market capitalization of $5.00 billion, a price-to-earnings ratio of 16.24 and a beta of 0.44. The firm's 50-day moving average price is $92.88 and its two-hundred day moving average price is $93.57.




StoneX Group (NASDAQ:SNEX - Get Free Report) last posted its quarterly earnings results on Monday, November 24th. The company reported $1.57 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.58 by ($0.01). The firm had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.04 billion. StoneX Group had a return on equity of 15.27% and a net margin of 0.23%.During the same quarter in the prior year, the business posted $2.32 EPS. On average, analysts forecast that StoneX Group Inc. will post 8.7 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the company. Weiss Ratings reissued a "hold (c+)" rating on shares of StoneX Group in a report on Monday. Zacks Research downgraded StoneX Group from a "strong-buy" rating to a "hold" rating in a research note on Monday, October 6th. One analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Hold".

View Our Latest Stock Analysis on SNEX

Institutional Investors Weigh In On StoneX Group

A number of hedge funds and other institutional investors have recently bought and sold shares of SNEX. IFP Advisors Inc increased its holdings in StoneX Group by 302.2% in the 3rd quarter. IFP Advisors Inc now owns 2,180 shares of the company's stock worth $232,000 after purchasing an additional 1,638 shares in the last quarter. Swiss Life Asset Management Ltd bought a new stake in shares of StoneX Group during the third quarter worth about $210,000. JPMorgan Chase & Co. grew its holdings in shares of StoneX Group by 23.9% during the third quarter. JPMorgan Chase & Co. now owns 758,390 shares of the company's stock worth $76,537,000 after purchasing an additional 146,065 shares during the last quarter. CIBC Private Wealth Group LLC acquired a new position in shares of StoneX Group in the third quarter valued at approximately $128,000. Finally, CIBC Bancorp USA Inc. bought a new position in StoneX Group in the 3rd quarter valued at approximately $494,000. Institutional investors own 75.93% of the company's stock.

StoneX Group Company Profile

(Get Free Report)

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.

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