StoneX Group (NASDAQ:SNEX) Stock Rises 5.6% Following Strong Earnings Report

On February 7, 2025, StoneX Group Inc. (NASDAQ:SNEX) saw its stock price climb by 5.6% during midday trading. This increase came after the company released quarterly earnings that exceeded expectations. The stock reached a peak of $120.65 before settling at $117.65. During the session, about 26,790 shares changed hands, which is significantly lower than the average daily volume of 162,158 shares. In the previous trading session, the stock closed at $111.42.

The earnings report revealed that StoneX Group achieved earnings of $2.54 per share (EPS) for the quarter. This figure surpassed analysts' estimates, which forecasted EPS at $2.15, leading to a $0.39 advantage. Furthermore, the company demonstrated a net margin of 0.26% and a return on equity of 16.66%.

Insider Trading Activity

In related news, Director John Moore Fowler sold 1,800 shares of StoneX Group stock on November 22nd. The shares were sold at an average price of $100.14, resulting in a total transaction value of $180,252.00. Post-sale, Fowler retained ownership of 81,375 shares, valued at around $8,148,892.50. This sale represented a 2.16% reduction in his stake. This transaction was disclosed in an SEC filing.

Institutional Investor Movements

Recent trading activity surrounding StoneX Group also includes notable movements from institutional investors and hedge funds. For instance, Jane Street Group LLC increased its holdings by 72.2% during the third quarter, acquiring an additional 9,900 shares, bringing its total ownership to 23,621 shares valued at $1,934,000. Meanwhile, International Assets Investment Management LLC raised its investment by an extraordinary 8,088.0%, now owning 24,564 shares valued at $2,011,000 after purchasing an added 24,264 shares. Foundry Partners LLC invested in a new stake worth about $5,348,000 during the same period.

Principal Financial Group Inc. also expanded its position, boosting its ownership by 11.0%, now holding 149,442 shares worth $12,236,000 following an additional purchase of 14,784 shares. Royce & Associates LP increased its investment by 38.6%, bringing its holdings to 154,744 shares worth approximately $12,670,000 after acquiring an extra 43,126 shares. Currently, 75.93% of the stock is held by institutional investors.

StoneX Group Overview

As of now, StoneX Group operates with a market capitalization of $3.86 billion, a price-to-earnings (P/E) ratio of 15.12, and a beta of 0.78. The company shows strong liquidity metrics with a quick ratio of 1.30 and a current ratio of 1.81, though it carries a debt-to-equity ratio of 1.26. StoneX's 50-day moving average price stands at $102.76, while the 200-day moving average price is $91.47.

Investors should be aware that a stock split for StoneX Group is scheduled for March 24th, with the stocks being divided at a 3-2 ratio. This information was announced on February 5th, and the new shares are set to be allocated after the market closes on March 21st.

About StoneX Group

StoneX Group Inc. operates as a global financial services network, facilitating connections among companies, organizations, traders, and investors across the global market ecosystem. Its operations are divided into various segments including Commercial, Institutional, Retail, and Global Payments, providing services that range from risk management and hedging to commodity financing and logistics.

StoneX, Earnings, Stocks