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 the firm’s stock in a transaction that occurred on Friday, May 3rd. The stock was sold at an average price of $74.67, for a total transaction of $168,007.50. Following the transaction, the director now directly owns 18,860 shares of the company’s stock, valued at $1,408,276.20. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

StoneX Group Trading Up 0.2 %

Shares of StoneX Group stock opened at $76.89 on Wednesday. The stock has a market cap of $2.43 billion, a PE ratio of 10.72 and a beta of 0.86. The firm has a fifty day moving average price of $68.64 and a 200 day moving average price of $67.03. StoneX Group Inc. has a 1 year low of $52.93 and a 1 year high of $78.31. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.59 and a quick ratio of 1.20.

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

Institutional Investors Weigh In On StoneX Group

Hedge funds have recently bought and sold shares of the stock. Exchange Traded Concepts LLC purchased a new stake in StoneX Group during the third quarter worth $29,000. Naples Money Management LLC acquired a new stake in shares of StoneX Group during the 4th quarter valued at about $30,000. FinTrust Capital Advisors LLC increased its stake in shares of StoneX Group by 50.0% in the 4th quarter. FinTrust Capital Advisors LLC now owns 450 shares of the company’s stock valued at $33,000 after purchasing an additional 150 shares in the last quarter. Parkside Financial Bank & Trust raised its holdings in StoneX Group by 45.2% in the 4th quarter. Parkside Financial Bank & Trust now owns 601 shares of the company’s stock worth $44,000 after purchasing an additional 187 shares during the period. Finally, Allworth Financial LP boosted its position in StoneX Group by 49.5% during the fourth quarter. Allworth Financial LP now owns 815 shares of the company’s stock worth $60,000 after purchasing an additional 270 shares in 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.