Compound Planning Inc. Purchases 4,115 Shares of StoneX Group Inc. $SNEX

Key Points

• Compound Planning Inc. increased its holdings in StoneX Group Inc. by 103.8% during the first quarter, acquiring an additional 4,115 shares, bringing its total to 8,081 shares valued at approximately $617,000.
• Notable institutional investors, including Vanguard Group and American Century Companies, also boosted their stakes in StoneX Group, reflecting strong institutional interest in the company.
• StoneX Group Inc. reported a quarterly earnings miss with an EPS of $1.22, below the expected $1.39, although revenue exceeded forecasts at $1.02 billion.

Compound Planning Inc. lifted its position in shares of StoneX Group Inc. (NASDAQ:SNEX - Free Report) by 103.8% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 8,081 shares of the company's stock after acquiring an additional 4,115 shares during the quarter. Compound Planning Inc.'s holdings in StoneX Group were worth $617,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its position in StoneX Group by 51.3% during the first quarter. Vanguard Group Inc. now owns 2,881,228 shares of the company's stock worth $220,068,000 after purchasing an additional 976,587 shares during the period. American Century Companies Inc. lifted its stake in shares of StoneX Group by 93.6% during the 1st quarter. American Century Companies Inc. now owns 1,963,717 shares of the company's stock valued at $149,989,000 after buying an additional 949,486 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in StoneX Group by 41.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,923,494 shares of the company's stock worth $146,915,000 after buying an additional 567,196 shares during the period. Van Berkom & Associates Inc. grew its stake in StoneX Group by 16.0% in the 1st quarter. Van Berkom & Associates Inc. now owns 1,408,659 shares of the company's stock valued at $107,593,000 after buying an additional 193,921 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its holdings in StoneX Group by 82.8% during the 1st quarter. Ameriprise Financial Inc. now owns 914,212 shares of the company's stock valued at $69,828,000 after acquiring an additional 414,204 shares during the period. Hedge funds and other institutional investors own 75.93% of the company's stock.

StoneX Group Stock Performance

StoneX Group stock opened at $98.84 on Monday. StoneX Group Inc. has a 1-year low of $50.31 and a 1-year high of $100.40. 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 firm has a market capitalization of $5.16 billion, a PE ratio of 16.84 and a beta of 0.57. The firm's 50 day simple moving average is $92.38 and its 200 day simple moving average is $85.33.

StoneX Group (NASDAQ:SNEX - Get Free Report) last released its quarterly earnings results on Tuesday, August 5th. The company reported $1.22 EPS for the quarter, missing analysts' consensus estimates of $1.39 by ($0.17). The firm had revenue of $1.02 billion for the quarter, compared to analysts' expectations 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 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other StoneX Group news, insider Abigail H. Perkins sold 16,098 shares of the company's stock in a transaction dated Thursday, June 12th. The stock was sold at an average price of $85.04, for a total value of $1,368,973.92. Following the transaction, the insider directly owned 31,076 shares in the company, valued at $2,642,703.04. This represents a 34.12% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Chairman John Radziwill purchased 1,400 shares of the stock in a transaction on Thursday, June 12th. The stock was acquired at an average cost of $85.00 per share, for a total transaction of $119,000.00. Following the acquisition, the chairman owned 100,240 shares in the company, valued at approximately $8,520,400. This represents a 1.42% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have sold 45,305 shares of company stock valued at $3,859,233 in the last ninety days. Corporate insiders own 11.70% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised StoneX Group to a "strong-buy" rating in a report on Friday, August 8th. One investment analyst has rated the stock with a Strong Buy rating and one has issued a Buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Strong Buy".

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.

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