StoneX Group (SNEX) Scheduled to Post Earnings on Wednesday

StoneX Group (NASDAQ:SNEX) is scheduled to be posting its quarterly earnings results after the market closes on Wednesday, November 15th. Analysts expect StoneX Group to post earnings of $2.26 per share for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

StoneX Group Price Performance

SNEX stock opened at $99.00 on Monday. The company has a 50 day simple moving average of $93.79 and a 200 day simple moving average of $90.84. The stock has a market cap of $2.06 billion, a price-to-earnings ratio of 8.75 and a beta of 0.89. StoneX Group has a 1 year low of $74.43 and a 1 year high of $106.35. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.53 and a quick ratio of 1.12.

Shares of StoneX Group are going to split before the market opens on Monday, November 27th. The 3-2 split was announced on Tuesday, November 7th. The newly created shares will be distributed to shareholders after the closing bell on Friday, November 24th.

Insider Buying and Selling

In other news, CEO Charles M. Lyon sold 7,631 shares of the stock in a transaction dated Thursday, September 14th. The shares were sold at an average price of $93.09, for a total value of $710,369.79. Following the completion of the sale, the chief executive officer now owns 33,900 shares in the company, valued at $3,155,751. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. In other StoneX Group news, CEO Charles M. Lyon sold 7,631 shares of the stock in a transaction dated Thursday, September 14th. The shares were sold at an average price of $93.09, for a total transaction of $710,369.79. Following the completion of the transaction, the chief executive officer now owns 33,900 shares in the company, valued at $3,155,751. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director John Moore Fowler sold 300 shares of the firm’s stock in a transaction that occurred on Friday, September 1st. The shares were sold at an average price of $93.93, for a total transaction of $28,179.00. Following the completion of the transaction, the director now owns 55,291 shares of the company’s stock, valued at $5,193,483.63. The disclosure for this sale can be found here. Insiders have sold a total of 10,931 shares of company stock valued at $1,022,229 over the last ninety days. 15.45% of the stock is owned by corporate insiders.

Institutional Trading of StoneX Group

Several large investors have recently added to or reduced their stakes in SNEX. Price T Rowe Associates Inc. MD increased its position in shares of StoneX Group by 1.2% during the 2nd quarter. Price T Rowe Associates Inc. MD now owns 10,316 shares of the company’s stock valued at $805,000 after purchasing an additional 123 shares during the last quarter. UBS Group AG boosted its position in shares of StoneX Group by 2.4% during the 1st quarter. UBS Group AG now owns 7,761 shares of the company’s stock valued at $803,000 after acquiring an additional 179 shares during the last quarter. Captrust Financial Advisors boosted its position in shares of StoneX Group by 0.8% during the 1st quarter. Captrust Financial Advisors now owns 27,131 shares of the company’s stock valued at $2,014,000 after acquiring an additional 207 shares during the last quarter. Tower Research Capital LLC TRC raised its holdings in StoneX Group by 160.9% during the 1st quarter. Tower Research Capital LLC TRC now owns 420 shares of the company’s stock valued at $43,000 after buying an additional 259 shares during the period. Finally, Bank of Montreal Can raised its holdings in StoneX Group by 5.5% during the 1st quarter. Bank of Montreal Can now owns 5,213 shares of the company’s stock valued at $394,000 after buying an additional 272 shares during the period. Institutional investors own 75.24% of the company’s stock.

About StoneX Group

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.