Have Insiders Sold StoneX Group Shares Recently?

Some StoneX Group Inc. (NASDAQ:SNEX) shareholders may be a little concerned to see that the President, Sean O'Connor, recently sold a substantial US$3.7m worth of stock at a price of US$98.42 per share. However, that sale only accounted for 2.1% of their holding, so arguably it doesn't say much about their conviction.

Check out our latest analysis for StoneX Group

The Last 12 Months Of Insider Transactions At StoneX Group

Notably, that recent sale by Sean O'Connor is the biggest insider sale of StoneX Group shares that we've seen in the last year. So it's clear an insider wanted to take some cash off the table, even slightly below the current price of US$98.71. We generally consider it a negative if insiders have been selling, especially if they did so below the current price, because it implies that they considered a lower price to be reasonable. Please do note, however, that sellers may have a variety of reasons for selling, so we don't know for sure what they think of the stock price. We note that the biggest single sale was only 2.1% of Sean O'Connor's holding.

StoneX Group insiders didn't buy any shares over the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

I will like StoneX Group better if I see some big insider buys. While we wait, check out this free list of undervalued and small cap stocks with considerable, recent, insider buying.

Insider Ownership Of StoneX Group

For a common shareholder, it is worth checking how many shares are held by company insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. StoneX Group insiders own 14% of the company, currently worth about US$427m based on the recent share price. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

What Might The Insider Transactions At StoneX Group Tell Us?

Insiders sold stock recently, but they haven't been buying. And there weren't any purchases to give us comfort, over the last year. While insiders do own a lot of shares in the company (which is good), our analysis of their transactions doesn't make us feel confident about the company. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing StoneX Group. To help with this, we've discovered 4 warning signs (1 is concerning!) that you ought to be aware of before buying any shares in StoneX Group.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.