Captrust Financial Advisors Has $885,000 Stock Position in StoneX Group Inc. (NASDAQ:SNEX)

Captrust Financial Advisors cut its holdings in shares of StoneX Group Inc. (NASDAQ:SNEX - Free Report) by 36.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 9,037 shares of the company's stock after selling 5,162 shares during the quarter. Captrust Financial Advisors' holdings in StoneX Group were worth $885,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Kestra Investment Management LLC acquired a new stake in StoneX Group during the fourth quarter valued at $31,000. Smartleaf Asset Management LLC lifted its stake in shares of StoneX Group by 250.8% in the fourth quarter. Smartleaf Asset Management LLC now owns 656 shares of the company's stock worth $64,000 after buying an additional 469 shares during the last quarter. Steward Partners Investment Advisory LLC bought a new stake in shares of StoneX Group during the 4th quarter worth $75,000. KBC Group NV grew its stake in StoneX Group by 39.0% in the 4th quarter. KBC Group NV now owns 1,309 shares of the company's stock valued at $128,000 after buying an additional 367 shares during the last quarter. Finally, USA Financial Formulas bought a new position in StoneX Group in the 4th quarter worth $129,000. Hedge funds and other institutional investors own 75.93% of the company's stock.

StoneX Group Stock Performance

NASDAQ:SNEX traded down $0.63 during mid-day trading on Thursday, hitting $85.65. 44,103 shares of the company's stock traded hands, compared to its average volume of 286,745. The firm has a market capitalization of $4.19 billion, a price-to-earnings ratio of 10.21 and a beta of 0.63. The firm has a 50 day moving average of $81.87 and a two-hundred day moving average of $74.68. The company has a current ratio of 1.77, a quick ratio of 1.29 and a debt-to-equity ratio of 1.33. StoneX Group Inc. has a 12 month low of $46.43 and a 12 month high of $97.17.

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

Insider Activity at StoneX Group

In other StoneX Group news, President Charles M. Lyon sold 13,000 shares of the business's stock in a transaction on Thursday, May 15th. The stock was sold at an average price of $86.92, for a total value of $1,129,960.00. Following the transaction, the president now owns 122,080 shares of the company's stock, valued at approximately $10,611,193.60. The trade was a 9.62% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Philip Andrew Smith sold 7,457 shares of the business's stock in a transaction dated Monday, May 5th. The stock was sold at an average price of $93.26, for a total transaction of $695,439.82. Following the completion of the transaction, the chief executive officer now directly owns 335,254 shares of the company's stock, valued at approximately $31,265,788.04. This represents a 2.18% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 130,082 shares of company stock worth $11,021,613 in the last ninety days. 11.70% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Separately, William Blair initiated coverage on shares of StoneX Group in a report on Wednesday, March 26th. They set an "outperform" rating for the company.

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.