StoneX Group Inc (NASDAQ: SNEX) is 7.19% higher on its value in year-to-date trading and has touched a low of $61.68 and a high of $106.77 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SNEX stock was last observed hovering at around $104.23 in the last trading session, with the day’s gains setting it 0.78%.
Currently trading at $105.01, the stock is 5.29% and 4.85% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.18 million and changing 0.75% at the moment leaves the stock 26.06% off its SMA200. SNEX registered 60.00% gain for a year compared to 6-month gain of 32.22%. The firm has a 50-day simple moving average (SMA 50) of $100.1522 and a 200-day simple moving average (SMA200) of $83.30225.
The stock witnessed a 6.57% loss in the last 1 month and extending the period to 3 months gives it a 20.40%, and is 6.51% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.38% over the week and 2.88% over the month.
StoneX Group Inc (SNEX) has around 4500 employees, a market worth around $3.35B and $99.89B in sales. Current P/E ratio is 13.20 and Fwd P/E is 12.81. Profit margin for the company is 0.25%. Distance from 52-week low is 70.25% and -1.65% from its 52-week high. The company has generated returns on investments over the last 12 months (9.20%).
The EPS is expected to grow by 0.15% this year.
StoneX Group Inc (SNEX) Top Institutional Holders
354.0 institutions hold shares in StoneX Group Inc (SNEX), with institutional investors hold 93.12% of the company’s shares. The shares outstanding are 31.87M, and float is at 27.68M with Short Float at 1.57%. Institutions hold 80.21% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 4.23 million shares valued at $318.93 million. The investor’s holdings represent 13.8967% of the SNEX Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 1.89 million shares valued at $142.16 million to account for 6.1944 of the shares outstanding. The other top investors are VAN BERKOM & ASSOCIATES INC. which holds 1.42 million shares representing 4.6447% and valued at over $106.6 million, while DIMENSIONAL FUND ADVISORS LP holds 4.6293 of the shares totaling 1.41 million with a market value of $106.24 million.
StoneX Group Inc (SNEX) Insider Activity
The most recent transaction is an insider sale by Perkins Abigail H, the company’s Chief Information Officer. SEC filings show that Perkins Abigail H sold 4,200 shares of the company’s common stock on Dec 17 ’24 at a price of $95.90 per share for a total of $0.4 million. Following the sale, the insider now owns 19979.0 shares.
StoneX Group Inc disclosed in a document filed with the SEC on Dec 17 ’24 that Perkins Abigail H (Chief Information Officer) sold a total of 150 shares of the company’s common stock. The trade occurred on Dec 17 ’24 and was made at $96.96 per share for $14544.0. Following the transaction, the insider now directly holds 225.0 shares of the SNEX stock.
Still, SEC filings show that on Dec 16 ’24, Rotsztain Diego (Chief Governance/Legal Officer) disposed off 4,426 shares at an average price of $97.75 for $0.43 million. The insider now directly holds 14,442 shares of StoneX Group Inc (SNEX).
