Insider Selling: StoneX Group Inc. (NASDAQ:SNEX) Director Sells 1,125 Shares of Stock

Key Points

• Director John Moore Fowler of StoneX Group sold 1,125 shares for a total of $108,000, reducing his ownership by 0.96%.
• StoneX Group's shares traded up 0.6% to $98.80, with a market capitalization of $4.83 billion and a one-year price range between $48.83 and $100.40.
• The company reported an EPS of $1.41 for the last quarter, exceeding estimates by $0.09, with revenue of $956 million beating expectations of $907.3 million.

StoneX Group Inc. (NASDAQ:SNEX - Get Free Report) Director John Moore Fowler sold 1,125 shares of the stock in a transaction on Friday, August 1st. The shares were sold at an average price of $96.00, for a total transaction of $108,000.00. Following the transaction, the director owned 115,749 shares of the company's stock, valued at $11,111,904. This trade represents a 0.96% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

John Moore Fowler also recently made the following trade(s):

• On Thursday, May 15th, John Moore Fowler sold 1,125 shares of StoneX Group stock. The stock was sold at an average price of $87.75, for a total transaction of $98,718.75.

StoneX Group Stock Up 2.5%

NASDAQ SNEX traded up $2.16 during trading on Friday, reaching $89.33. 818,456 shares of the company's stock traded hands, compared to its average volume of 548,043. The company has a debt-to-equity ratio of 1.30, a current ratio of 2.07 and a quick ratio of 1.35. The firm has a market cap of $4.37 billion, a price-to-earnings ratio of 15.22 and a beta of 0.57. The company's 50 day simple moving average is $90.55 and its two-hundred day simple moving average is $83.76. StoneX Group Inc. has a 12-month low of $50.31 and a 12-month high of $100.40.

StoneX Group (NASDAQ:SNEX - Get Free Report) last issued its quarterly earnings data on Tuesday, August 5th. The company reported $1.22 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.39 by ($0.17). StoneX Group had a return on equity of 16.20% and a net margin of 0.23%. The firm had revenue of $1.02 billion during the quarter, compared to analysts' expectations of $923.10 million. As a group, sell-side analysts forecast that StoneX Group Inc. will post 8.7 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of SNEX. Vanguard Group Inc. grew its position in shares of StoneX Group by 51.3% in the 1st quarter. Vanguard Group Inc. now owns 2,881,228 shares of the company's stock worth $220,068,000 after buying an additional 976,587 shares during the last quarter. American Century Companies Inc. boosted its stake in StoneX Group by 93.6% in the 1st quarter. American Century Companies Inc. now owns 1,963,717 shares of the company's stock worth $149,989,000 after purchasing an additional 949,486 shares in the last quarter. Perpetual Ltd acquired a new stake in StoneX Group in the 1st quarter worth approximately $64,679,000. Dimensional Fund Advisors LP boosted its stake in StoneX Group by 41.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,923,494 shares of the company's stock worth $146,915,000 after purchasing an additional 567,196 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its stake in StoneX Group by 82.8% in the 1st quarter. Ameriprise Financial Inc. now owns 914,212 shares of the company's stock worth $69,828,000 after purchasing an additional 414,204 shares in the last quarter. 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.