Janus Henderson Group PLC Has $2.73 Million Stake in StoneX Group Inc. (NASDAQ:SNEX)

Janus Henderson Group PLC grew its stake in shares of StoneX Group Inc. (NASDAQ:SNEX) by 25.3% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 27,814 shares of the company’s stock after purchasing an additional 5,616 shares during the period. Janus Henderson Group PLC owned about 0.09% of StoneX Group worth $2,725,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Summit Investment Advisors Inc. grew its holdings in StoneX Group by 4.3% during the fourth quarter. Summit Investment Advisors Inc. now owns 2,895 shares of the company’s stock worth $284,000 after buying an additional 119 shares in the last quarter. Illinois Municipal Retirement Fund boosted its holdings in StoneX Group by 0.9% during the 4th quarter. Illinois Municipal Retirement Fund now owns 15,232 shares of the company’s stock worth $1,492,000 after acquiring an additional 132 shares during the last quarter. Focus Partners Wealth boosted its holdings in StoneX Group by 2.1% during the 4th quarter. Focus Partners Wealth now owns 8,109 shares of the company’s stock worth $794,000 after acquiring an additional 164 shares during the last quarter. MRP Capital Investments LLC grew its stake in shares of StoneX Group by 1.0% in the 4th quarter. MRP Capital Investments LLC now owns 17,391 shares of the company’s stock worth $1,704,000 after acquiring an additional 175 shares in the last quarter. Finally, Sheets Smith Wealth Management raised its holdings in shares of StoneX Group by 4.3% in the fourth quarter. Sheets Smith Wealth Management now owns 5,495 shares of the company’s stock valued at $538,000 after purchasing an additional 227 shares during the last quarter. 75.93% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other StoneX Group news, CEO Philip Andrew Smith sold 9,000 shares of StoneX Group stock in a transaction dated Friday, April 4th. The shares were sold at an average price of $69.56, for a total value of $626,040.00. Following the sale, the chief executive officer now owns 342,711 shares of the company’s stock, valued at approximately $23,838,977.16. The trade was a 2.56% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Chairman Sean Michael Oconnor sold 34,083 shares of the firm’s stock in a transaction that occurred on Tuesday, April 29th. The stock was sold at an average price of $89.63, for a total transaction of $3,054,859.29. Following the sale, the chairman now owns 1,023,084 shares of the company’s stock, valued at approximately $91,699,018.92. The trade was a 3.22% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 130,082 shares of company stock valued at $11,021,613. 11.70% of the stock is owned by insiders.

StoneX Group Price Performance

Shares of NASDAQ SNEX opened at $88.14 on Wednesday. The company has a market capitalization of $4.31 billion, a PE ratio of 10.53 and a beta of 0.63. The company has a quick ratio of 1.29, a current ratio of 1.77 and a debt-to-equity ratio of 1.33. The stock’s 50 day moving average price is $81.62 and its 200-day moving average price is $74.60. StoneX Group Inc. has a twelve month low of $46.43 and a twelve month high of $97.17.

StoneX Group (NASDAQ:SNEX) last posted its quarterly earnings data on Wednesday, May 14th. The company reported $1.41 earnings per share for the quarter, topping the consensus estimate of $1.32 by $0.09. StoneX Group had a return on equity of 16.83% and a net margin of 0.26%. The business had revenue of $956.00 million for the quarter, compared to analysts’ expectations of $907.30 million. On average, equities analysts anticipate that StoneX Group Inc. will post 8.7 EPS for the current year.

Wall Street Analyst Weigh In

Separately, William Blair began coverage on shares of StoneX Group in a report on Wednesday, March 26th. They set an “outperform” rating on the stock.

About StoneX Group

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.