Simplicity Solutions LLC Buys 2,933 Shares of StoneX Group Inc. (NASDAQ:SNEX)

Simplicity Solutions LLC increased its stake in shares of StoneX Group Inc. (NASDAQ:SNEX) by 86.8% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 6,312 shares of the company’s stock after acquiring an additional 2,933 shares during the quarter. Simplicity Solutions LLC’s holdings in StoneX Group were worth $466,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of SNEX. Price T Rowe Associates Inc. MD raised its stake in StoneX Group by 1,957.5% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 227,638 shares of the company’s stock worth $23,569,000 after purchasing an additional 216,574 shares in the last quarter. Rockefeller Capital Management L.P. raised its stake in StoneX Group by 27,284.8% in the 1st quarter. Rockefeller Capital Management L.P. now owns 138,567 shares of the company’s stock worth $14,345,000 after purchasing an additional 138,061 shares in the last quarter. Assenagon Asset Management S.A. raised its stake in StoneX Group by 102.9% in the 4th quarter. Assenagon Asset Management S.A. now owns 220,725 shares of the company’s stock worth $16,296,000 after purchasing an additional 111,948 shares in the last quarter. JPMorgan Chase & Co. raised its stake in StoneX Group by 251.4% in the 4th quarter. JPMorgan Chase & Co. now owns 150,651 shares of the company’s stock worth $14,358,000 after purchasing an additional 107,778 shares in the last quarter. Finally, Van Berkom & Associates Inc. raised its stake in StoneX Group by 9.6% in the 3rd quarter. Van Berkom & Associates Inc. now owns 1,002,622 shares of the company’s stock worth $97,174,000 after purchasing an additional 87,538 shares in the last quarter. Institutional investors and hedge funds own 75.93% of the company’s stock.

Insider Activity

In other news, Director Scott J. Branch sold 7,500 shares of the business’s stock in a transaction that occurred on Wednesday, February 7th. The shares were sold at an average price of $63.87, for a total value of $479,025.00. Following the completion of the transaction, the director now directly owns 519,934 shares in the company, valued at approximately $33,208,184.58. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In other news, Director Scott J. Branch sold 7,500 shares of the business’s stock in a transaction that occurred on Wednesday, February 7th. The shares were sold at an average price of $63.87, for a total value of $479,025.00. Following the completion of the transaction, the director now directly owns 519,934 shares in the company, valued at approximately $33,208,184.58. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Charles M. Lyon sold 15,552 shares of the company’s stock in a transaction that occurred on Tuesday, February 13th. The stock was sold at an average price of $65.11, for a total transaction of $1,012,590.72. Following the transaction, the chief executive officer now owns 61,557 shares of the company’s stock, valued at $4,007,976.27. The disclosure for this sale can be found here. In the last ninety days, insiders sold 56,348 shares of company stock worth $3,769,436. 16.24% of the stock is currently owned by corporate insiders.

StoneX Group Price Performance

Shares of StoneX Group stock opened at $64.82 on Friday. StoneX Group Inc. has a twelve month low of $49.62 and a twelve month high of $74.01. The company has a quick ratio of 1.20, a current ratio of 1.59 and a debt-to-equity ratio of 0.87. The company has a 50-day simple moving average of $67.50 and a two-hundred day simple moving average of $66.19. The stock has a market capitalization of $2.05 billion, a price-to-earnings ratio of 9.04 and a beta of 0.87.

StoneX Group (NASDAQ:SNEX) last issued its quarterly earnings data on Tuesday, February 6th. The company reported $2.16 earnings per share for the quarter, topping the consensus estimate of $1.70 by $0.46. The business had revenue of $784.20 million during the quarter, compared to analysts’ expectations of $781.80 million. StoneX Group had a net margin of 0.34% and a return on equity of 17.48%. Analysts forecast that StoneX Group Inc. will post 7.64 EPS for the current year.

StoneX Group Company Profile

StoneX Group Inc operates as a global financial services network that connects companies, organizations, traders, and investors to market ecosystem worldwide. The company operates through Commercial, Institutional, Retail, and Global Payments segments. The Commercial segment provides risk management and hedging, exchange-traded and OTC products execution and clearing, voice brokerage, market intelligence, physical trading, and commodity financing and logistics services.