StoneX Group Inc. (NASDAQ:SNEX) Shares Acquired by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. raised its position in shares of StoneX Group Inc. (NASDAQ:SNEX - Free Report) by 1,386.1% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 37,300 shares of the company's stock after purchasing an additional 34,790 shares during the quarter. Jefferies Financial Group Inc. owned 0.12% of StoneX Group worth $3,654,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the company. American Century Companies Inc. lifted its holdings in shares of StoneX Group by 17.7% in the 4th quarter. American Century Companies Inc. now owns 1,014,231 shares of the company's stock valued at $99,364,000 after buying an additional 152,847 shares during the period. Geode Capital Management LLC lifted its holdings in shares of StoneX Group by 0.9% in the 4th quarter. Geode Capital Management LLC now owns 677,333 shares of the company's stock valued at $66,372,000 after buying an additional 6,076 shares during the period. T. Rowe Price Investment Management Inc. lifted its holdings in shares of StoneX Group by 2.0% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 521,073 shares of the company's stock valued at $51,050,000 after buying an additional 10,222 shares during the period. Price T Rowe Associates Inc. MD raised its holdings in StoneX Group by 4.3% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 508,450 shares of the company's stock worth $49,814,000 after purchasing an additional 20,928 shares during the period. Finally, Northern Trust Corp raised its holdings in StoneX Group by 9.9% in the 4th quarter. Northern Trust Corp now owns 335,456 shares of the company's stock worth $32,865,000 after purchasing an additional 30,248 shares during the period. Hedge funds and other institutional investors own 75.93% of the company's stock.

Analyst Upgrades and Downgrades

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

StoneX Group Price Performance

NASDAQ SNEX traded up $0.95 during trading hours on Friday, reaching $85.04. The company's stock had a trading volume of 355,402 shares, compared to its average volume of 291,145. The company's 50-day moving average is $82.88 and its two-hundred day moving average is $75.80. StoneX Group Inc. has a 1-year low of $46.43 and a 1-year high of $97.17. The firm has a market capitalization of $4.16 billion, a price-to-earnings ratio of 10.16 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 posted its quarterly 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. The business had revenue of $956.00 million during the quarter, compared to analyst estimates of $907.30 million. StoneX Group had a return on equity of 16.83% and a net margin of 0.26%. On average, equities analysts predict that StoneX Group Inc. will post 8.7 EPS for the current year.

Insider Activity

In other news, CEO Philip Andrew Smith sold 4,447 shares of the firm's stock in a transaction on Tuesday, April 15th. The stock was sold at an average price of $80.07, for a total transaction of $356,071.29. Following the completion of the transaction, the chief executive officer now directly owns 342,711 shares in the company, valued at $27,440,869.77. This trade represents a 1.28% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Chairman Sean Michael Oconnor sold 34,083 shares of the firm's stock in a transaction on Tuesday, April 29th. The stock was sold at an average price of $89.63, for a total value of $3,054,859.29. Following the transaction, the chairman now owns 1,023,084 shares of the company's stock, valued at approximately $91,699,018.92. This represents a 3.22% 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 over the last ninety days. Corporate insiders own 11.70% of the company's stock.

StoneX Group 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.