Public Sector Pension Investment Board Raises Stock Position in StoneX Group Inc. (NASDAQ:SNEX)

Public Sector Pension Investment Board lifted its position in StoneX Group Inc. (NASDAQ:SNEX) by 7.7% in the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 59,963 shares of the company’s stock after purchasing an additional 4,291 shares during the period. Public Sector Pension Investment Board owned 0.19% of StoneX Group worth $4,516,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. lifted its holdings in shares of StoneX Group by 1.8% in the 1st quarter. Vanguard Group Inc. now owns 1,909,965 shares of the company’s stock worth $134,194,000 after buying an additional 34,112 shares during the period. Van Berkom & Associates Inc. lifted its stake in StoneX Group by 1.6% in the second quarter. Van Berkom & Associates Inc. now owns 1,415,432 shares of the company’s stock worth $106,596,000 after acquiring an additional 21,608 shares during the period. American Century Companies Inc. grew its holdings in StoneX Group by 80.3% during the 2nd quarter. American Century Companies Inc. now owns 808,768 shares of the company’s stock worth $60,908,000 after acquiring an additional 360,164 shares in the last quarter. Private Capital Management LLC increased its position in StoneX Group by 50.9% during the 4th quarter. Private Capital Management LLC now owns 555,572 shares of the company’s stock valued at $41,018,000 after purchasing an additional 187,349 shares during the period. Finally, Price T Rowe Associates Inc. MD raised its holdings in shares of StoneX Group by 0.3% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 450,770 shares of the company’s stock valued at $31,672,000 after purchasing an additional 1,508 shares in the last quarter. Institutional investors own 75.93% of the company’s stock.

StoneX Group Price Performance

Shares of SNEX opened at $82.07 on Friday. The stock has a market capitalization of $2.61 billion, a PE ratio of 10.94 and a beta of 0.76. The company has a 50 day moving average price of $80.12 and a 200-day moving average price of $74.90. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.20 and a current ratio of 1.64. StoneX Group Inc. has a fifty-two week low of $57.46 and a fifty-two week high of $84.92.

StoneX Group (NASDAQ:SNEX) last posted its earnings results on Tuesday, August 6th. The company reported $1.91 earnings per share for the quarter, topping analysts’ consensus estimates of $1.78 by $0.13. StoneX Group had a return on equity of 15.89% and a net margin of 0.27%. The company had revenue of $913.70 million during the quarter, compared to analyst estimates of $817.80 million. Equities analysts predict that StoneX Group Inc. will post 7.45 earnings per share for the current fiscal year.

Insider Buying and Selling

In other StoneX Group news, Director John Moore Fowler sold 400 shares of the business’s stock in a transaction dated Friday, July 12th. The shares were sold at an average price of $79.26, for a total value of $31,704.00. Following the completion of the transaction, the director now directly owns 2,000 shares in the company, valued at $158,520. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other StoneX Group news, Director John Moore Fowler sold 400 shares of the firm’s stock in a transaction that occurred on Friday, July 12th. The shares were sold at an average price of $79.26, for a total value of $31,704.00. Following the completion of the sale, the director now directly owns 2,000 shares in the company, valued at $158,520. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Xuong Nguyen sold 8,091 shares of the company’s stock in a transaction on Monday, July 15th. The stock was sold at an average price of $80.00, for a total value of $647,280.00. Following the transaction, the insider now directly owns 60,816 shares in the company, valued at $4,865,280. The disclosure for this sale can be found here. Insiders sold 12,491 shares of company stock worth $982,544 in the last three months. 16.24% of the stock is owned by insiders.

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.