StoneX Group Inc. (NASDAQ:SNEX - Get Free Report)'s share price hit a new 52-week high during trading on Monday . The stock traded as high as $94.32 and last traded at $94.41, with a volume of 158184 shares. The stock had previously closed at $92.81.
Wall Street Analyst Weigh In
Separately, William Blair started coverage on shares of StoneX Group in a research report on Wednesday, March 26th. They issued an "outperform" rating on the stock.
View Our Latest Stock Analysis on StoneX Group
StoneX Group Price Performance
The company has a current ratio of 1.77, a quick ratio of 1.29 and a debt-to-equity ratio of 1.33. The company's 50 day moving average is $79.60 and its 200-day moving average is $72.88. The firm has a market capitalization of $4.28 billion, a price-to-earnings ratio of 10.61 and a beta of 0.63.
StoneX Group (NASDAQ:SNEX - Get Free Report) last released its quarterly earnings results on Wednesday, May 14th. The company reported $1.41 earnings per share for the quarter, beating analysts' consensus estimates of $1.32 by $0.09. StoneX Group had a net margin of 0.26% and a return on equity of 16.83%. The company had revenue of $956.00 million during the quarter, compared to the consensus estimate of $907.30 million. Equities research analysts anticipate that StoneX Group Inc. will post 8.7 earnings per share for the current year.
Insider Activity at StoneX Group
In other StoneX Group news, Chairman Sean Michael Oconnor sold 34,083 shares of StoneX Group stock in a transaction that occurred on Tuesday, April 29th. The stock was sold at an average price of $89.63, for a total transaction of $3,054,859.29. Following the sale, the chairman now directly owns 1,023,084 shares of the company's stock, valued at approximately $91,699,018.92. The trade was a 3.22 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Philip Andrew Smith sold 7,457 shares of StoneX Group stock in a transaction that occurred on Monday, May 5th. The stock was sold at an average price of $93.26, for a total transaction of $695,439.82. Following the completion of the sale, the chief executive officer now directly owns 335,254 shares of the company's stock, valued at approximately $31,265,788.04. This trade represents a 2.18 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 121,457 shares of company stock valued at $10,065,594 over the last ninety days. Corporate insiders own 11.70% of the company's stock.
Institutional Investors Weigh In On StoneX Group
Several institutional investors and hedge funds have recently modified their holdings of SNEX. Summit Investment Advisors Inc. increased its position in shares of StoneX Group by 4.3% during the 4th quarter. Summit Investment Advisors Inc. now owns 2,895 shares of the company's stock valued at $284,000 after purchasing an additional 119 shares during the last quarter. Illinois Municipal Retirement Fund lifted its holdings in StoneX Group by 0.9% during the 4th quarter. Illinois Municipal Retirement Fund now owns 15,232 shares of the company's stock valued at $1,492,000 after buying an additional 132 shares in the last quarter. Ridgewood Investments LLC increased its position in shares of StoneX Group by 50.0% during the first quarter. Ridgewood Investments LLC now owns 450 shares of the company's stock worth $34,000 after acquiring an additional 150 shares during the period. Focus Partners Wealth raised its stake in shares of StoneX Group by 2.1% during the fourth quarter. Focus Partners Wealth now owns 8,109 shares of the company's stock valued at $794,000 after acquiring an additional 164 shares in the last quarter. Finally, MRP Capital Investments LLC boosted its holdings in shares of StoneX Group by 1.0% in the fourth quarter. MRP Capital Investments LLC now owns 17,391 shares of the company's stock valued at $1,704,000 after purchasing an additional 175 shares during the period. Institutional investors own 75.93% of the company's stock.
About StoneX Group
(
Get Free Report)
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.
Featured Stories
Before you consider StoneX Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and StoneX Group wasn't on the list.
While StoneX Group currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
