Blair William & Co. IL Acquires Shares of 3,300 StoneX Group Inc. (NASDAQ:SNEX)

Blair William & Co. IL acquired a new stake in StoneX Group Inc. (NASDAQ:SNEX) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 3,300 shares of the company’s stock, valued at approximately $252,000.

Several other hedge funds also recently bought and sold shares of the business. Summit Investment Advisors Inc. boosted its position in StoneX Group by 4.3% during the 4th quarter. Summit Investment Advisors Inc. now owns 2,895 shares of the company’s stock valued at $284,000 after acquiring an additional 119 shares in the last quarter. Ridgewood Investments LLC boosted its position in StoneX Group by 50.0% during the 1st quarter. Ridgewood Investments LLC now owns 450 shares of the company’s stock valued at $34,000 after acquiring an additional 150 shares in the last quarter. Focus Partners Wealth boosted its position in StoneX Group by 2.1% during the 4th quarter. Focus Partners Wealth now owns 8,109 shares of the company’s stock valued at $794,000 after acquiring an additional 164 shares in the last quarter. Hohimer Wealth Management LLC boosted its position in StoneX Group by 4.5% during the 1st quarter. Hohimer Wealth Management LLC now owns 7,112 shares of the company’s stock valued at $543,000 after acquiring an additional 306 shares in the last quarter. Finally, CWM LLC boosted its position in StoneX Group by 78.4% during the 1st quarter. CWM LLC now owns 808 shares of the company’s stock valued at $62,000 after acquiring an additional 355 shares in the last quarter. Institutional investors own 75.93% of the company’s stock.

StoneX Group Stock Up 3.4%

Shares of NASDAQ SNEX opened at $92.46 on Wednesday. The company has a current ratio of 2.08, a quick ratio of 1.48 and a debt-to-equity ratio of 1.30. The stock has a market capitalization of $4.82 billion, a PE ratio of 15.75 and a beta of 0.57. The stock’s fifty day simple moving average is $90.80 and its two-hundred day simple moving average is $84.09. StoneX Group Inc. has a 12-month low of $50.31 and a 12-month high of $100.40.

StoneX Group (NASDAQ:SNEX) last announced its earnings results on Tuesday, August 5th. The company reported $1.22 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.39 by ($0.17). The company had revenue of $1.02 billion for the quarter, compared to the consensus estimate of $923.10 million. StoneX Group had a net margin of 0.23% and a return on equity of 16.20%. As a group, analysts expect that StoneX Group Inc. will post 8.7 EPS for the current fiscal year.

Insider Transactions at StoneX Group

In other news, Director John Moore Fowler sold 1,125 shares of the firm’s stock in a transaction on Friday, August 1st. The stock was sold at an average price of $96.00, for a total value of $108,000.00. Following the completion of the sale, the director owned 115,749 shares of the company’s stock, valued at $11,111,904. This trade represents a 0.96% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Abigail H. Perkins sold 10,470 shares of the firm’s stock in a transaction on Monday, June 16th. The stock was sold at an average price of $86.22, for a total value of $902,723.40. Following the completion of the sale, the insider directly owned 43,913 shares of the company’s stock, valued at $3,786,178.86. The trade was a 19.25% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 59,430 shares of company stock worth $5,087,912. 11.70% of the stock is currently owned by corporate insiders.

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.