StoneX CEO Philip Smith sells $2.6m in company stock
StoneX Group CEO Philip Smith has sold $2.6 million worth of company stock, reducing his direct ownership to 738,216 shares following the disposal of 45,000 shares at an average price of $59.4997 each on October 15, 2026. This sale occurred alongside Smith's purchase of an equivalent amount of shares via stock options, exercised at $8.9 per share.
Despite StoneX's 42% year-to-date gain, the company's stock is currently trading near $59.92, down from its 52-week high of $94.66. The trade comes amid a mixed financial performance from StoneX in its third-quarter fiscal 2026 earnings, where while revenue grew year-over-year, diluted earnings per share (EPS) fell short of analysts' expectations at $1.00 compared to the predicted $1.23. This discrepancy in EPS has prompted investor scrutiny despite the company's robust revenue growth.
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