Decker Retirement Planning Inc. Acquires Shares of 34,395 StoneX Group Inc. (NASDAQ:SNEX)

Decker Retirement Planning Inc. acquired a new stake in StoneX Group Inc. (NASDAQ:SNEX - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 34,395 shares of the company's stock, valued at approximately $2,627,000. StoneX Group accounts for about 1.6% of Decker Retirement Planning Inc.'s holdings, making the stock its 12th biggest holding. Decker Retirement Planning Inc. owned 0.07% of StoneX Group as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in SNEX. American Century Companies Inc. raised its position in StoneX Group by 17.7% during the 4th quarter. American Century Companies Inc. now owns 1,014,231 shares of the company's stock worth $99,364,000 after purchasing an additional 152,847 shares during the last quarter. Perpetual Ltd bought a new position in shares of StoneX Group during the first quarter worth about $64,679,000. Geode Capital Management LLC lifted its stake in shares of StoneX Group by 0.9% in the fourth quarter. Geode Capital Management LLC now owns 677,333 shares of the company's stock worth $66,372,000 after acquiring an additional 6,076 shares during the period. T. Rowe Price Investment Management Inc. raised its stake in StoneX Group by 2.0% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 521,073 shares of the company's stock worth $51,050,000 after buying an additional 10,222 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD grew its holdings in StoneX Group by 4.3% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 508,450 shares of the company's stock worth $49,814,000 after acquiring an additional 20,928 shares during the period. Institutional investors own 75.93% of the company's stock.

StoneX Group Trading Down 0.3%

SNEX traded down $0.25 during trading on Tuesday, hitting $90.89. The company's stock had a trading volume of 396,226 shares, compared to its average volume of 388,819. The stock's fifty day moving average price is $87.09 and its 200-day moving average price is $78.52. The firm has a market capitalization of $4.45 billion, a P/E ratio of 15.40 and a beta of 0.53. The company has a quick ratio of 1.35, a current ratio of 1.91 and a debt-to-equity ratio of 1.09. StoneX Group Inc. has a twelve month low of $47.69 and a twelve 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 EPS for the quarter, topping analysts' consensus estimates of $1.32 by $0.09. StoneX Group had a net margin of 0.24% and a return on equity of 17.03%. The business had revenue of $956.00 million during the quarter, compared to analysts' expectations of $907.30 million. Analysts anticipate that StoneX Group Inc. will post 8.7 EPS for the current year.

Insider Buying and Selling

In other news, CEO Philip Andrew Smith sold 7,500 shares of the company's stock in a transaction that occurred on Tuesday, June 10th. The stock was sold at an average price of $83.68, for a total transaction of $627,600.00. Following the transaction, the chief executive officer directly owned 327,754 shares of the company's stock, valued at $27,426,454.72. This represents a 2.24% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Chairman John Radziwill purchased 1,400 shares of StoneX Group stock in a transaction that occurred on Thursday, June 12th. The stock was acquired at an average cost of $85.00 per share, with a total value of $119,000.00. Following the transaction, the chairman owned 100,240 shares in the company, valued at $8,520,400. This trade represents a 1.42% increase in their position. The disclosure for this purchase can be found here. Insiders sold a total of 174,262 shares of company stock worth $14,772,846 over the last 90 days. 11.70% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

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

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.