6,035 Shares in StoneX Group Inc. (NASDAQ:SNEX) Bought by Bokf Na

BOKF NA bought a new position in shares of StoneX Group Inc. (NASDAQ:SNEX - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 6,035 shares of the company's stock, valued at approximately $595,000.

A number of other institutional investors have also made changes to their positions in SNEX. Barclays PLC increased its holdings in shares of StoneX Group by 359.4% in the third quarter. Barclays PLC now owns 46,755 shares of the company's stock valued at $3,828,000 after purchasing an additional 36,577 shares during the last quarter. Principal Financial Group Inc. raised its holdings in StoneX Group by 11.0% in the 3rd quarter. Principal Financial Group Inc. now owns 149,442 shares of the company's stock valued at $12,236,000 after acquiring an additional 14,784 shares during the period. Diversified Trust Co acquired a new stake in StoneX Group during the fourth quarter worth approximately $298,000. Harbor Capital Advisors Inc. grew its position in shares of StoneX Group by 2.3% in the fourth quarter. Harbor Capital Advisors Inc. now owns 318,125 shares of the company's stock valued at $31,167,000 after purchasing an additional 7,037 shares during the last quarter. Finally, USA Financial Formulas bought a new position in shares of StoneX Group during the fourth quarter worth approximately $129,000. 75.93% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, William Blair assumed coverage on shares of StoneX Group in a research note on Wednesday, March 26th. They issued an "outperform" rating for the company.

StoneX Group Price Performance

NASDAQ:SNEX traded down $0.70 during trading hours on Monday, reaching $87.93. 486,953 shares of the company were exchanged, compared to its average volume of 283,337. The business has a 50 day moving average of $79.96 and a 200 day moving average of $73.54. StoneX Group Inc. has a 1-year low of $46.43 and a 1-year high of $97.17. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.77 and a quick ratio of 1.29. The company has a market capitalization of $4.23 billion, a P/E ratio of 10.51 and a beta of 0.63.

StoneX Group (NASDAQ:SNEX - Get Free Report) last posted its quarterly earnings results on Wednesday, May 14th. The company reported $1.41 EPS for the quarter, beating analysts' consensus estimates of $1.32 by $0.09. The business had revenue of $956.00 million during the quarter, compared to the consensus estimate of $907.30 million. StoneX Group had a return on equity of 16.83% and a net margin of 0.26%. Research analysts forecast that StoneX Group Inc. will post 8.7 EPS for the current year.

Insider Transactions at StoneX Group

In other StoneX Group news, CEO Philip Andrew Smith sold 40,553 shares of StoneX Group stock in a transaction dated Thursday, April 17th. The stock was sold at an average price of $80.30, for a total value of $3,256,405.90. Following the transaction, the chief executive officer now owns 342,711 shares in the company, valued at $27,519,693.30. The trade was a 10.58% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Glenn Henry Stevens sold 22,500 shares of the stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $78.55, for a total transaction of $1,767,300.00. Following the completion of the transaction, the insider now directly owns 116,946 shares of the company's stock, valued at $9,185,718.48. This trade represents a 16.14% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 121,457 shares of company stock valued at $10,065,594. Company insiders own 11.70% of the company's stock.

StoneX Group 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.