Jane Street Group LLC Has $466,000 Position in StoneX Group Inc. (NASDAQ:SNEX)

Jane Street Group LLC cut its position in shares of StoneX Group Inc. (NASDAQ:SNEX - Free Report) by 79.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,755 shares of the company's stock after selling 18,866 shares during the period. Jane Street Group LLC's holdings in StoneX Group were worth $466,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Kestra Investment Management LLC acquired a new stake in shares of StoneX Group during the fourth quarter valued at about $31,000. Smartleaf Asset Management LLC lifted its stake in StoneX Group by 250.8% during the fourth quarter. Smartleaf Asset Management LLC now owns 656 shares of the company's stock worth $64,000 after purchasing an additional 469 shares in the last quarter. Steward Partners Investment Advisory LLC purchased a new position in shares of StoneX Group during the fourth quarter worth $75,000. KBC Group NV boosted its position in shares of StoneX Group by 39.0% during the fourth quarter. KBC Group NV now owns 1,309 shares of the company's stock worth $128,000 after buying an additional 367 shares during the period. Finally, Bessemer Group Inc. raised its holdings in shares of StoneX Group by 145.2% in the 4th quarter. Bessemer Group Inc. now owns 1,714 shares of the company's stock valued at $168,000 after buying an additional 1,015 shares during the period. 75.93% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at StoneX Group

In other StoneX Group news, CEO Philip Andrew Smith sold 4,447 shares of the firm's stock in a transaction dated Tuesday, April 15th. The shares were sold at an average price of $80.07, for a total transaction of $356,071.29. Following the sale, the chief executive officer now directly owns 342,711 shares of the company's stock, valued at $27,440,869.77. This trade represents a 1.28% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Chairman Sean Michael Oconnor sold 34,083 shares of the firm's stock in a transaction that occurred on Tuesday, April 29th. The shares were sold at an average price of $89.63, for a total transaction of $3,054,859.29. Following the completion of the transaction, the chairman now owns 1,023,084 shares in the company, valued at $91,699,018.92. The trade was a 3.22% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 130,082 shares of company stock valued at $11,021,613. 11.70% of the stock is owned by company insiders.

StoneX Group Stock Up 1.1%

StoneX Group stock traded up $0.95 during trading on Friday, reaching $85.04. The stock had a trading volume of 355,402 shares, compared to its average volume of 291,145. StoneX Group Inc. has a 52-week low of $46.43 and a 52-week high of $97.17. The business has a 50 day moving average price of $82.88 and a 200 day moving average price of $75.71. The company has a quick ratio of 1.29, a current ratio of 1.77 and a debt-to-equity ratio of 1.33. The stock has a market cap of $4.16 billion, a PE ratio of 10.16 and a beta of 0.63.

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

Analysts Set New Price Targets

Separately, William Blair began coverage on shares of StoneX Group in a report on Wednesday, March 26th. They set 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.