Mutual of America Capital Management LLC Buys 1,561 Shares of StoneX Group Inc. (NASDAQ:SNEX)

Mutual of America Capital Management LLC boosted its stake in StoneX Group Inc. (NASDAQ:SNEX) by 49.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,695 shares of the company’s stock after acquiring an additional 1,561 shares during the period. Mutual of America Capital Management LLC’s holdings in StoneX Group were worth $347,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in SNEX. Assenagon Asset Management S.A. boosted its holdings in shares of StoneX Group by 102.9% during the 4th quarter. Assenagon Asset Management S.A. now owns 220,725 shares of the company’s stock worth $16,296,000 after buying an additional 111,948 shares in the last quarter. Van Berkom & Associates Inc. boosted its holdings in shares of StoneX Group by 9.6% during the 3rd quarter. Van Berkom & Associates Inc. now owns 1,002,622 shares of the company’s stock worth $97,174,000 after buying an additional 87,538 shares in the last quarter. Brandywine Global Investment Management LLC bought a new position in shares of StoneX Group during the 3rd quarter worth approximately $6,134,000. Woodmont Investment Counsel LLC boosted its holdings in shares of StoneX Group by 45.8% during the 4th quarter. Woodmont Investment Counsel LLC now owns 125,174 shares of the company’s stock worth $9,242,000 after buying an additional 39,302 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its holdings in shares of StoneX Group by 367.5% during the 3rd quarter. Envestnet Asset Management Inc. now owns 45,545 shares of the company’s stock worth $4,414,000 after buying an additional 35,803 shares in the last quarter. 75.93% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, Director Scott J. Branch sold 7,500 shares of the stock in a transaction on Wednesday, February 7th. The stock was sold at an average price of $63.87, for a total value of $479,025.00. Following 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 document filed with the SEC, which is available through the SEC website. In related news, Director Scott J. Branch sold 7,500 shares of the stock in a transaction on Wednesday, February 7th. The stock was sold at an average price of $63.87, for a total value of $479,025.00. Following 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 document filed with the SEC, which is available through the SEC website. Also, CEO Philip Andrew Smith sold 7,000 shares of the stock in a transaction on Thursday, March 21st. The stock was sold at an average price of $69.73, for a total value of $488,110.00. Following the completion of the transaction, the chief executive officer now owns 233,898 shares in the company, valued at $16,309,707.54. The disclosure for this sale can be found here. Insiders have sold a total of 56,348 shares of company stock worth $3,769,436 in the last ninety days. Corporate insiders own 16.24% of the company’s stock.

StoneX Group Price Performance

StoneX Group stock opened at $69.56 on Wednesday. The stock has a market capitalization of $2.19 billion, a price-to-earnings ratio of 9.70 and a beta of 0.87. StoneX Group Inc. has a 52-week low of $49.62 and a 52-week high of $74.01. The stock’s 50 day moving average price is $67.60 and its two-hundred day moving average price is $66.34. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.20 and a current ratio of 1.59.

StoneX Group (NASDAQ:SNEX) last posted its quarterly earnings results on Tuesday, February 6th. The company reported $2.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.70 by $0.46. The firm had revenue of $784.20 million for the quarter, compared to analysts’ expectations of $781.80 million. StoneX Group had a return on equity of 17.48% and a net margin of 0.34%. On average, equities analysts predict that StoneX Group Inc. will post 7.64 earnings per share 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.