Stonex group CEO sells $627,600 in company stock

Philip Andrew Smith, the Chief Executive Officer of StoneX Group Inc. (NASDAQ:SNEX), a prominent player in the Capital Markets industry with a market capitalization of $4.2 billion, recently sold 7,500 shares of the company’s common stock. The transaction, which took place on June 10, 2025, was executed at an average price of $83.68 per share, amounting to a total value of $627,600. The stock, currently trading at $85.06, has delivered an impressive 80% return over the past year and trades at a P/E ratio of 13.8x. Following this sale, Smith continues to hold 327,754 shares in the company. The sale was conducted under a prearranged trading plan, as indicated in the filing. InvestingPro analysis reveals 12 additional key insights about StoneX Group’s performance and outlook, including valuable metrics on profitability and growth potential.

In other recent news, StoneX Group Inc. reported its fiscal second quarter 2025 earnings, with an earnings per share (EPS) of $1.41, surpassing analyst estimates of $1.34. However, the company faced a significant revenue shortfall, reporting $487.3 million against an expected $903.45 million. Despite the revenue miss, StoneX’s operating revenues increased by 17% year-over-year, reaching $956 million, driven by strategic acquisitions and technology enhancements. Jefferies analysts responded to the earnings report by raising StoneX’s price target to $102 from $83, maintaining a Buy rating. The company also announced the acquisition of Plantureux et Associés, a French brokerage, to strengthen its presence in the European grain market. This acquisition follows StoneX’s recent expansion of its fixed income capabilities through the purchase of Octo Finances SA. StoneX’s ongoing strategic investments, including the announced acquisition of RJ O’Brien, are expected to bolster future growth.

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