Captrust Financial Advisors Sells 5,162 Shares of StoneX Group Inc. (NASDAQ:SNEX)

Captrust Financial Advisors reduced its position in shares of StoneX Group Inc. (NASDAQ:SNEX - Free Report) by 36.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund 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 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of SNEX. Kestra Investment Management LLC acquired a new stake in StoneX Group during the 4th quarter worth $31,000. Smartleaf Asset Management LLC boosted its stake in StoneX Group by 250.8% during the 4th quarter. Smartleaf Asset Management LLC now owns 656 shares of the company's stock worth $64,000 after acquiring an additional 469 shares during the last quarter. Steward Partners Investment Advisory LLC bought a new stake in StoneX Group in the fourth quarter valued at approximately $75,000. KBC Group NV grew its holdings in shares of 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 period. Finally, USA Financial Formulas bought a new position in StoneX Group during the fourth quarter worth about $129,000. Institutional investors own 75.93% of the company's stock.

Insiders Place Their Bets

In other news, Chairman Sean Michael Oconnor sold 3,417 shares of StoneX Group stock in a transaction dated Thursday, May 1st. The shares were sold at an average price of $90.57, for a total value of $309,477.69. Following the completion of the transaction, the chairman now owns 1,019,667 shares of the company's stock, valued at $92,351,240.19. This trade represents a 0.33% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director John Moore Fowler sold 1,125 shares of the business's stock in a transaction dated Thursday, May 15th. The stock was sold at an average price of $87.75, for a total transaction of $98,718.75. Following the transaction, the director now owns 116,735 shares in the company, valued at $10,243,496.25. This represents a 0.95% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 152,582 shares of company stock valued at $12,788,913 in the last 90 days. 11.70% of the stock is currently owned by insiders.

StoneX Group Stock Up 1.2%

Shares of SNEX traded up $1.08 during midday trading on Monday, hitting $88.60. The stock had a trading volume of 274,654 shares, compared to its average volume of 286,790. The company has a 50 day simple moving average of $80.98 and a two-hundred day simple moving average of $74.31. StoneX Group Inc. has a twelve month low of $46.43 and a twelve month high of $97.17. The firm has a market cap of $4.33 billion, a price-to-earnings ratio of 10.59 and a beta of 0.63. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.77 and a quick ratio of 1.29.

StoneX Group (NASDAQ:SNEX - Get Free Report) last released its earnings results on Wednesday, May 14th. The company reported $1.41 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 the consensus estimate of $907.30 million. On average, analysts anticipate that StoneX Group Inc. will post 8.7 EPS for the current year.

Wall Street Analyst Weigh In

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

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.