Eagle Asset Management Inc. Trims Holdings in StoneX Group Inc. (NASDAQ:SNEX)

Eagle Asset Management Inc. lessened its holdings in shares of StoneX Group Inc. (NASDAQ:SNEXFree Report) by 39.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 36,380 shares of the company’s stock after selling 23,828 shares during the period. Eagle Asset Management Inc. owned about 0.12% of StoneX Group worth $2,686,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. Parkside Financial Bank & Trust increased its holdings in StoneX Group by 45.2% during the 4th quarter. Parkside Financial Bank & Trust now owns 601 shares of the company’s stock valued at $44,000 after purchasing an additional 187 shares during the period. Allworth Financial LP increased its holdings in StoneX Group by 49.5% during the 4th quarter. Allworth Financial LP now owns 815 shares of the company’s stock valued at $60,000 after purchasing an additional 270 shares during the period. Rhumbline Advisers increased its holdings in StoneX Group by 0.6% during the 3rd quarter. Rhumbline Advisers now owns 58,605 shares of the company’s stock valued at $5,680,000 after purchasing an additional 378 shares during the period. Naples Money Management LLC purchased a new position in StoneX Group during the 4th quarter valued at about $30,000. Finally, Millington Financial Advisors LLC increased its holdings in StoneX Group by 3.4% during the 3rd quarter. Millington Financial Advisors LLC now owns 13,437 shares of the company’s stock valued at $1,302,000 after purchasing an additional 439 shares during the period. Hedge funds and other institutional investors own 75.93% of the company’s stock.

StoneX Group Stock Performance

StoneX Group stock opened at $72.90 on Wednesday. The stock’s 50 day simple moving average is $71.73 and its two-hundred day simple moving average is $68.87. The company has a debt-to-equity ratio of 1.52, a quick ratio of 1.20 and a current ratio of 1.61. The stock has a market cap of $2.31 billion, a price-to-earnings ratio of 9.72 and a beta of 0.80. StoneX Group Inc. has a fifty-two week low of $53.87 and a fifty-two week high of $80.00.

StoneX Group (NASDAQ:SNEXGet Free Report) last posted its quarterly earnings data on Wednesday, May 8th. The company reported $1.66 earnings per share for the quarter, beating the consensus estimate of $1.61 by $0.05. The business had revenue of $818.20 million for the quarter, compared to analysts’ expectations of $788.30 million. StoneX Group had a return on equity of 17.29% and a net margin of 0.33%. As a group, analysts expect that StoneX Group Inc. will post 7.4 earnings per share for the current fiscal year.

Insider Buying and Selling at StoneX Group

In other StoneX Group news, CEO Charles M. Lyon sold 10,338 shares of StoneX Group stock in a transaction that occurred on Friday, March 8th. The stock was sold at an average price of $68.53, for a total transaction of $708,463.14. Following the sale, the chief executive officer now directly owns 61,557 shares of the company’s stock, valued at approximately $4,218,501.21. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other news, CEO Charles M. Lyon sold 7,858 shares of the business’s stock in a transaction that occurred on Monday, March 11th. The stock was sold at an average price of $68.11, for a total value of $535,208.38. Following the sale, the chief executive officer now directly owns 61,557 shares of the company’s stock, valued at approximately $4,192,647.27. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Charles M. Lyon sold 10,338 shares of the business’s stock in a transaction that occurred on Friday, March 8th. The stock was sold at an average price of $68.53, for a total value of $708,463.14. Following the completion of the sale, the chief executive officer now directly owns 61,557 shares in the company, valued at $4,218,501.21. The disclosure for this sale can be found here. In the last three months, insiders have sold 52,104 shares of company stock valued at $3,725,163. 16.24% of the stock is currently owned by corporate insiders.

StoneX Group Profile

(Free Report)

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.

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Institutional Ownership by Quarter for StoneX Group (NASDAQ:SNEX)

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