StoneX Group (NASDAQ:SNEX) Hits New 1-Year High at $74.16

Shares of StoneX Group Inc. (NASDAQ:SNEX - Get Free Report) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $74.16 and last traded at $73.24, with a volume of 130463 shares traded. The stock had previously closed at $72.60.

StoneX Group Stock Up 0.7 %

The company has a quick ratio of 1.20, a current ratio of 1.59 and a debt-to-equity ratio of 0.87. The company has a market cap of $2.31 billion, a PE ratio of 10.19 and a beta of 0.87. The stock has a 50-day moving average of $68.21 and a 200-day moving average of $66.70.

StoneX Group (NASDAQ:SNEX - Get Free Report) last issued its quarterly earnings data on Tuesday, February 6th. The company reported $2.16 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.70 by $0.46. StoneX Group had a return on equity of 17.48% and a net margin of 0.34%. The company had revenue of $784.20 million for the quarter, compared to the consensus estimate of $781.80 million. Sell-side analysts predict that StoneX Group Inc. will post 7.64 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Director John Moore Fowler sold 600 shares of the stock in a transaction on Friday, March 1st. The stock was sold at an average price of $68.94, for a total value of $41,364.00. Following the sale, the director now owns 83,878 shares in the company, valued at $5,782,549.32. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In related news, Director John Moore Fowler sold 600 shares of the stock in a transaction on Friday, March 1st. The stock was sold at an average price of $68.94, for a total value of $41,364.00. Following the sale, the director now owns 83,878 shares in the company, valued at $5,782,549.32. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Scott J. Branch sold 7,500 shares of the firm's stock in a transaction dated Wednesday, February 7th. The shares were sold at an average price of $63.87, for a total value of $479,025.00. Following the sale, the director now owns 519,934 shares in the company, valued at approximately $33,208,184.58. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 56,348 shares of company stock worth $3,769,436. Corporate insiders own 16.24% of the company's stock.

Institutional Investors Weigh In On StoneX Group

Large investors have recently added to or reduced their stakes in the company. Exchange Traded Concepts LLC purchased a new stake in StoneX Group during the third quarter valued at about $29,000. Naples Money Management LLC purchased a new stake in StoneX Group during the fourth quarter valued at about $30,000. FinTrust Capital Advisors LLC raised its position in StoneX Group by 50.0% during the fourth quarter. FinTrust Capital Advisors LLC now owns 450 shares of the company's stock valued at $33,000 after purchasing an additional 150 shares in the last quarter. Parkside Financial Bank & Trust raised its position in StoneX Group by 45.2% during the fourth quarter. Parkside Financial Bank & Trust now owns 601 shares of the company's stock valued at $44,000 after purchasing an additional 187 shares in the last quarter. Finally, Allworth Financial LP increased its holdings in shares of StoneX Group by 49.5% in the fourth quarter. Allworth Financial LP now owns 815 shares of the company's stock worth $60,000 after buying an additional 270 shares during the period. Hedge funds and other institutional investors own 75.93% of the company's stock.

StoneX Group Company Profile

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.