New insider activity at StoneX Group ( (SNEX) ) has taken place on February 21, 2025.
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Glenn Henry Stevens, the President, CEO, and Director of StoneX Group, has recently sold 15,000 shares of the company’s stock, amounting to a transaction worth $1,767,150.
Recent Updates on SNEX stock
Recent developments for StoneX Group have been marked by strong financial performance and strategic expansions, as reflected in the company’s latest earnings report. StoneX reported a 23% increase in net income to $85.1 million for Q1 fiscal 2025, with revenues climbing to $27.9 billion, largely driven by sales of physical commodities and interest income. The company also saw a 20% rise in operating revenues from physical contracts, benefiting from growth in the precious metals and energy markets. Additionally, the self-directed retail segment achieved record revenues, underscoring demand in the retail space. Strategic acquisitions, including Oktop Finance, and a focus on digital assets highlight StoneX’s commitment to expansion. Despite some challenges in the payments and OTC derivatives sectors, the overall outlook remains positive, supported by a three-for-two stock split announcement.
More about StoneX Group
YTD Price Performance: 24.33%
Average Trading Volume: 192,064
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $3.89B