Glenn Henry Stevens sold 15,000 SNEX shares at $117.82 on 2025-02-18 ($1.8M); stock has since declined 49.4% to $56.40.
Stevens sold 15,000 shares (15.0K shares) at $117.82, reducing his holdings from 92,964 to 77,964 shares (-16.1%). The transaction occurred at a price $61.42 above the current market price of $56.40, representing a sharp deterioration in stock value post-transaction. His prior buy at this ticker in May 2023 produced negative 90-day returns of -64.9%, establishing a pattern of unfavorable entry timing at SNEX. The sale itself aligns with what would have been a well-timed exit — stock down significantly since transaction — though this reflects subsequent market movement rather than prescient execution at the time of the $117.82 sale. StoneX fundamentals remain sound with $492.1M quarterly revenue, $85.1M net income, and a low P/E of 6.54, suggesting the price decline is driven by broader market forces rather than operational deterioration.