StoneX Group Inc. (NASDAQ:SNEX) insider Diego Rotsztain bought 1,214 shares of the business’s stock in a transaction on Thursday, December 2nd. The shares were acquired at an average cost of $62.02 per share, with a total value of $75,292.28. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
SNEX stock traded up $2.08 during trading on Monday, hitting $63.95. The company had a trading volume of 63,514 shares, compared to its average volume of 62,522. The firm has a market cap of $1.28 billion, a PE ratio of 11.17 and a beta of 1.20. StoneX Group Inc. has a 1-year low of $50.02 and a 1-year high of $72.34. The firm has a 50-day moving average price of $68.27 and a 200-day moving average price of $66.36. The company has a quick ratio of 1.25, a current ratio of 1.71 and a debt-to-equity ratio of 2.94.
StoneX Group (NASDAQ:SNEX) last released its earnings results on Monday, November 29th. The company reported $0.49 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.44 by ($0.95). The business had revenue of $390.10 million for the quarter, compared to analyst estimates of $404.20 million. StoneX Group had a return on equity of 13.69% and a net margin of 0.27%. During the same quarter in the previous year, the firm posted ($0.33) EPS. Sell-side analysts anticipate that StoneX Group Inc. will post 5.99 earnings per share for the current year.
Institutional investors have recently modified their holdings of the business. Mutual of America Capital Management LLC increased its holdings in shares of StoneX Group by 7.4% during the 2nd quarter. Mutual of America Capital Management LLC now owns 2,368 shares of the company’s stock worth $144,000 after buying an additional 164 shares during the last quarter. Janney Montgomery Scott LLC increased its holdings in StoneX Group by 3.9% in the 3rd quarter. Janney Montgomery Scott LLC now owns 5,786 shares of the company’s stock valued at $381,000 after purchasing an additional 219 shares in the last quarter. Advisor Group Holdings Inc. increased its holdings in StoneX Group by 3.9% in the 2nd quarter. Advisor Group Holdings Inc. now owns 6,562 shares of the company’s stock valued at $397,000 after purchasing an additional 247 shares in the last quarter. Price T Rowe Associates Inc. MD increased its holdings in StoneX Group by 2.5% in the 2nd quarter. Price T Rowe Associates Inc. MD now owns 10,617 shares of the company’s stock valued at $644,000 after purchasing an additional 257 shares in the last quarter. Finally, Phocas Financial Corp. increased its holdings in StoneX Group by 0.7% in the 3rd quarter. Phocas Financial Corp. now owns 46,810 shares of the company’s stock valued at $3,085,000 after purchasing an additional 329 shares in the last quarter. 73.68% of the stock is currently owned by institutional investors.
Separately, Zacks Investment Research lowered StoneX Group from a “buy” rating to a “hold” rating in a report on Wednesday, December 1st.
StoneX Group Company Profile
StoneX Group, Inc engages in the provision of brokerage and financial services. It operates through the following segments: Commercial Hedging, Global Payments, Securities, Physical Commodities, and Clearing and Execution Services. The Commercial Hedging segment offers risk management consulting services.