StoneX Group (NASDAQ:SNEX) Shares Down 4.3%

Shares of StoneX Group Inc. (NASDAQ:SNEX – Get Rating) fell 4.3% on Monday . The company traded as low as $86.00 and last traded at $87.53. 90,462 shares traded hands during trading, a decline of 2% from the average session volume of 92,312 shares. The stock had previously closed at $91.44.

StoneX Group Trading Up 3.2 %

The company has a debt-to-equity ratio of 1.43, a current ratio of 1.39 and a quick ratio of 1.06. The firm has a fifty day simple moving average of $95.84 and a 200-day simple moving average of $90.93. The firm has a market cap of $1.80 billion, a P/E ratio of 8.72 and a beta of 0.99.

StoneX Group (NASDAQ:SNEX – Get Rating) last issued its earnings results on Monday, November 21st. The company reported $2.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.93 by $0.56. The company had revenue of $583.40 million for the quarter, compared to analysts’ expectations of $518.10 million. StoneX Group had a return on equity of 20.89% and a net margin of 0.31%. On average, equities research analysts expect that StoneX Group Inc. will post 9.07 earnings per share for the current year.

Insider Buying and Selling

In other StoneX Group news, CFO William J. Dunaway sold 2,823 shares of StoneX Group stock in a transaction dated Wednesday, December 21st. The stock was sold at an average price of $97.95, for a total transaction of $276,512.85. Following the completion of the transaction, the chief financial officer now owns 68,947 shares in the company, valued at approximately $6,753,358.65. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other StoneX Group news, CEO Sean Michael Oconnor sold 18,600 shares of the firm’s stock in a transaction on Tuesday, November 22nd. The stock was sold at an average price of $101.34, for a total transaction of $1,884,924.00. Following the transaction, the chief executive officer now directly owns 331,659 shares in the company, valued at approximately $33,610,323.06. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO William J. Dunaway sold 2,823 shares of the company’s stock in a transaction on Wednesday, December 21st. The stock was sold at an average price of $97.95, for a total transaction of $276,512.85. Following the completion of the sale, the chief financial officer now owns 68,947 shares of the company’s stock, valued at approximately $6,753,358.65. The disclosure for this sale can be found here. Insiders have sold 27,034 shares of company stock worth $2,707,765 in the last quarter. Insiders own 15.98% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. purchased a new stake in shares of StoneX Group during the 1st quarter valued at $297,000. Raymond James Financial Services Advisors Inc. bought a new stake in StoneX Group in the first quarter worth about $208,000. Bank of New York Mellon Corp boosted its stake in StoneX Group by 5.0% in the first quarter. Bank of New York Mellon Corp now owns 172,394 shares of the company’s stock valued at $12,797,000 after acquiring an additional 8,153 shares during the last quarter. Citigroup Inc. grew its position in shares of StoneX Group by 14.9% during the 1st quarter. Citigroup Inc. now owns 14,836 shares of the company’s stock valued at $1,102,000 after acquiring an additional 1,929 shares during the period. Finally, Bank of Montreal Can increased its stake in shares of StoneX Group by 5.5% during the 1st quarter. Bank of Montreal Can now owns 5,213 shares of the company’s stock worth $394,000 after purchasing an additional 272 shares during the last quarter. 75.53% of the stock is currently owned by hedge funds and other institutional investors.

StoneX Group Company Profile

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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.