Chatham Capital Group Inc. Buys 19,664 Shares of StoneX Group Inc. (NASDAQ:SNEX)

Chatham Capital Group Inc. increased its stake in StoneX Group Inc. (NASDAQ:SNEX - Free Report) by 54.2% in the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 55,917 shares of the company's stock after purchasing an additional 19,664 shares during the quarter. Chatham Capital Group Inc. owned approximately 0.12% of StoneX Group worth $4,271,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the stock. Kestra Investment Management LLC acquired a new stake in shares of StoneX Group in the fourth quarter valued at about $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 valued at $64,000 after purchasing an additional 469 shares during the period. Steward Partners Investment Advisory LLC acquired a new stake in StoneX Group in the 4th quarter valued at approximately $75,000. KBC Group NV grew its holdings 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, Bessemer Group Inc. increased its position in StoneX Group by 145.2% in the 4th quarter. Bessemer Group Inc. now owns 1,714 shares of the company's stock worth $168,000 after buying an additional 1,015 shares during the period. Institutional investors own 75.93% of the company's stock.

StoneX Group Stock Performance

Shares of SNEX traded up $1.66 on Friday, reaching $85.16. 206,009 shares of the stock traded hands, compared to its average volume of 291,821. The stock's 50-day moving average price is $83.40 and its 200-day moving average price is $76.26. 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 firm has a market cap of $4.17 billion, a price-to-earnings ratio of 10.17 and a beta of 0.53. 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 results on Wednesday, May 14th. The company reported $1.41 earnings per share for the quarter, topping analysts' consensus estimates of $1.32 by $0.09. The firm had revenue of $956.00 million for the quarter, compared to the consensus estimate of $907.30 million. StoneX Group had a net margin of 0.26% and a return on equity of 16.83%. Equities analysts forecast that StoneX Group Inc. will post 8.7 EPS for the current fiscal year.

Insider Buying and Selling

In other StoneX Group news, Chairman Sean Michael Oconnor sold 3,417 shares of StoneX Group stock in a transaction on Thursday, May 1st. The shares were sold at an average price of $90.57, for a total transaction of $309,477.69. Following the completion of the sale, the chairman now owns 1,019,667 shares of the company's stock, valued at approximately $92,351,240.19. The trade was a 0.33% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Philip Andrew Smith sold 9,000 shares of StoneX Group stock in a transaction on Friday, April 4th. The stock was sold at an average price of $69.56, for a total value of $626,040.00. Following the sale, the chief executive officer now directly owns 342,711 shares of the company's stock, valued at approximately $23,838,977.16. This trade represents a 2.56% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 130,082 shares of company stock worth $11,021,613 in the last quarter. 11.70% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Separately, William Blair initiated coverage on shares of StoneX Group in a research note on Wednesday, March 26th. They set 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.