Maryland State Retirement & Pension System Cuts Position in StoneX Group Inc. (NASDAQ:SNEX)

Maryland State Retirement & Pension System lessened its holdings in StoneX Group Inc. (NASDAQ:SNEX) by 2.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,510 shares of the company’s stock after selling 240 shares during the period. Maryland State Retirement & Pension System’s holdings in StoneX Group were worth $716,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the company. FinTrust Capital Advisors LLC boosted its holdings in StoneX Group by 50.0% in the 4th quarter. FinTrust Capital Advisors LLC now owns 450 shares of the company’s stock worth $33,000 after buying an additional 150 shares during the last quarter. SummerHaven Investment Management LLC boosted its holdings in StoneX Group by 1.6% in the 2nd quarter. SummerHaven Investment Management LLC now owns 12,699 shares of the company’s stock worth $956,000 after buying an additional 199 shares during the last quarter. Louisiana State Employees Retirement System boosted its holdings in StoneX Group by 2.2% in the 2nd quarter. Louisiana State Employees Retirement System now owns 13,700 shares of the company’s stock worth $1,032,000 after buying an additional 300 shares during the last quarter. Millington Financial Advisors LLC boosted its holdings in StoneX Group by 1.5% in the 2nd quarter. Millington Financial Advisors LLC now owns 21,860 shares of the company’s stock worth $1,646,000 after buying an additional 331 shares during the last quarter. Finally, C M Bidwell & Associates Ltd. boosted its holdings in StoneX Group by 49.7% in the 4th quarter. C M Bidwell & Associates Ltd. now owns 1,066 shares of the company’s stock worth $79,000 after buying an additional 354 shares during the last quarter. 75.93% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at StoneX Group

In other news, insider Diego Rotsztain sold 5,382 shares of the business’s stock in a transaction that occurred on Thursday, June 13th. The stock was sold at an average price of $70.63, for a total transaction of $380,130.66. Following the transaction, the insider now directly owns 23,078 shares in the company, valued at approximately $1,629,999.14. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. In other news, insider Diego Rotsztain sold 5,382 shares of the business’s stock in a transaction that occurred on Thursday, June 13th. The stock was sold at an average price of $70.63, for a total transaction of $380,130.66. Following the transaction, the insider now directly owns 23,078 shares in the company, valued at approximately $1,629,999.14. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director John Moore Fowler sold 400 shares of the business’s stock in a transaction that occurred on Friday, July 12th. The stock was sold at an average price of $79.26, for a total value of $31,704.00. Following the transaction, the director now owns 2,000 shares in the company, valued at $158,520. The disclosure for this sale can be found here. Insiders have sold a total of 38,951 shares of company stock worth $2,942,689 in the last ninety days. Insiders own 16.24% of the company’s stock.

StoneX Group Trading Up 1.6 %

SNEX stock opened at $82.86 on Monday. The company has a current ratio of 1.64, a quick ratio of 1.20 and a debt-to-equity ratio of 1.04. StoneX Group Inc. has a 12-month low of $57.46 and a 12-month high of $84.40. The stock has a market cap of $2.63 billion, a price-to-earnings ratio of 11.05 and a beta of 0.77. The business’s 50-day moving average is $78.48 and its 200 day moving average is $73.34.

StoneX Group (NASDAQ:SNEX) last posted its quarterly earnings data on Tuesday, August 6th. The company reported $1.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.78 by $0.13. The company had revenue of $913.70 million for the quarter, compared to analysts’ expectations of $817.80 million. StoneX Group had a return on equity of 15.89% and a net margin of 0.27%. On average, sell-side analysts anticipate that StoneX Group Inc. will post 7.45 EPS for the current fiscal 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.