MRP Capital Investments LLC Has $1.94 Million Stock Holdings in StoneX Group Inc. (NASDAQ:SNEX)

Key Points

• MRP Capital Investments LLC increased its stake in StoneX Group Inc. by 45.9%, acquiring an additional 7,984 shares, which brings its total holdings to 25,375 shares.
• StoneX Group reported a quarterly earnings per share (EPS) of $1.41, exceeding the consensus estimate by $0.09, and generating revenue of $956 million for the quarter.
• Insiders have been active, with Chairman John Radziwill purchasing 1,400 shares and CEO Philip Andrew Smith selling 7,500 shares recently, demonstrating mixed sentiment among company leadership.

MRP Capital Investments LLC boosted its position in StoneX Group Inc. (NASDAQ:SNEX - Free Report) by 45.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 25,375 shares of the company's stock after buying an additional 7,984 shares during the quarter. StoneX Group makes up about 1.8% of MRP Capital Investments LLC's investment portfolio, making the stock its 14th biggest holding. MRP Capital Investments LLC owned approximately 0.05% of StoneX Group worth $1,938,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Van Berkom & Associates Inc. boosted its position in shares of StoneX Group by 16.0% during the first quarter. Van Berkom & Associates Inc. now owns 1,408,659 shares of the company's stock worth $107,593,000 after buying an additional 193,921 shares during the period. Perpetual Ltd acquired a new position in shares of StoneX Group during the first quarter worth approximately $64,679,000. Geode Capital Management LLC boosted its position in shares of StoneX Group by 0.9% during the fourth quarter. Geode Capital Management LLC now owns 677,333 shares of the company's stock worth $66,372,000 after buying an additional 6,076 shares during the period. T. Rowe Price Investment Management Inc. boosted its position in shares of 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 period. Finally, Price T Rowe Associates Inc. MD boosted its position in shares of StoneX Group by 4.3% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 508,450 shares of the company's stock worth $49,814,000 after buying an additional 20,928 shares during the period. 75.93% of the stock is owned by institutional investors.

StoneX Group Price Performance

NASDAQ SNEX traded up $0.06 on Monday, reaching $94.58. 216,356 shares of the stock traded hands, compared to its average volume of 332,832. The firm's fifty day simple moving average is $89.21 and its 200 day simple moving average is $82.46. The company has a quick ratio of 1.35, a current ratio of 1.91 and a debt-to-equity ratio of 1.09. The company has a market cap of $4.63 billion, a price-to-earnings ratio of 16.02 and a beta of 0.54. StoneX Group Inc. has a 12 month low of $47.69 and a 12 month high of $99.08.

StoneX Group (NASDAQ:SNEX - Get Free Report) last announced its quarterly earnings data 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 return on equity of 17.03% and a net margin of 0.24%. The company had revenue of $956.00 million during the quarter, compared to the consensus estimate of $907.30 million. As a group, research analysts predict that StoneX Group Inc. will post 8.7 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, Chairman Sean Michael Oconnor sold 34,083 shares of the company's stock in a transaction on Tuesday, April 29th. The shares were sold at an average price of $89.63, for a total value of $3,054,859.29. Following the completion of the sale, the chairman directly owned 1,023,084 shares in the company, valued at approximately $91,699,018.92. This represents a 3.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, Chairman John Radziwill purchased 1,400 shares of the firm's stock in a transaction on Thursday, June 12th. The shares were purchased at an average price of $85.00 per share, with a total value of $119,000.00. Following the completion of the acquisition, the chairman directly owned 100,240 shares of the company's stock, valued at approximately $8,520,400. This trade represents a 1.42% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders sold a total of 120,262 shares of company stock valued at $10,534,329 in the last three months. Company 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.