Eric Parthemore Sells 2,250 Shares of StoneX Group Inc. (NASDAQ:SNEX) Stock

StoneX Group Inc. (NASDAQ:SNEX) Director Eric Parthemore sold 2,250 shares of StoneX Group stock in a transaction dated Friday, May 3rd. The shares were sold at an average price of $74.67, for a total value of $168,007.50. Following the completion of the transaction, the director now owns 18,860 shares of the company’s stock, valued at approximately $1,408,276.20. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

StoneX Group Trading Up 3.8 %

Shares of SNEX stock opened at $76.71 on Tuesday. StoneX Group Inc. has a 1-year low of $52.93 and a 1-year high of $76.71. The company has a market cap of $2.42 billion, a price-to-earnings ratio of 10.70 and a beta of 0.86. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.59 and a quick ratio of 1.20. The stock has a 50 day simple moving average of $68.64 and a 200-day simple moving average of $67.03.

StoneX Group (NASDAQ:SNEX) last posted its quarterly earnings data on Tuesday, February 6th. The company reported $2.16 earnings per share for the quarter, topping analysts’ consensus estimates of $1.70 by $0.46. The company had revenue of $784.20 million during the quarter, compared to analysts’ expectations of $781.80 million. StoneX Group had a net margin of 0.34% and a return on equity of 17.48%. On average, equities research analysts expect that StoneX Group Inc. will post 7.64 EPS for the current fiscal year.

Institutional Trading of StoneX Group

Institutional investors and hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. lifted its stake in StoneX Group by 53.1% in the 4th quarter. Vanguard Group Inc. now owns 1,875,853 shares of the company’s stock valued at $138,494,000 after buying an additional 650,911 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of StoneX Group by 53.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,406,553 shares of the company’s stock valued at $103,845,000 after acquiring an additional 489,359 shares in the last quarter. Private Capital Management LLC boosted its stake in shares of StoneX Group by 50.9% in the fourth quarter. Private Capital Management LLC now owns 555,572 shares of the company’s stock worth $41,018,000 after acquiring an additional 187,349 shares during the last quarter. Assenagon Asset Management S.A. increased its position in shares of StoneX Group by 102.9% during the fourth quarter. Assenagon Asset Management S.A. now owns 220,725 shares of the company’s stock worth $16,296,000 after purchasing an additional 111,948 shares in the last quarter. Finally, Boston Partners boosted its stake in StoneX Group by 45.2% during the 4th quarter. Boston Partners now owns 286,561 shares of the company’s stock worth $20,689,000 after purchasing an additional 89,272 shares during the last quarter. Hedge funds and other institutional investors own 75.93% 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.