StoneX Group Inc. (NASDAQ:SNEX) Shares Acquired by Natixis Advisors LLC

Key Points

• Natixis Advisors LLC increased its stake in StoneX Group Inc. by 64% during the first quarter, owning 26,702 shares worth approximately $2 million.
• The company's stock has shown a 1-year low of $50.31 and a high of $100.40, with a current market capitalization of $4.26 billion.
• StoneX Group reported earnings of $1.22 per share, missing estimates by $0.17, but achieved revenue of $1.02 billion, surpassing expectations.

Natixis Advisors LLC increased its position in shares of StoneX Group Inc. (NASDAQ:SNEX - Free Report) by 64.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 26,702 shares of the company's stock after purchasing an additional 10,423 shares during the period. Natixis Advisors LLC owned 0.06% of StoneX Group worth $2,039,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Mackenzie Financial Corp grew its stake in shares of StoneX Group by 12.8% during the first quarter. Mackenzie Financial Corp now owns 3,591 shares of the company's stock worth $274,000 after purchasing an additional 407 shares in the last quarter. Ridgewood Investments LLC grew its stake in shares of StoneX Group by 50.0% during the first quarter. Ridgewood Investments LLC now owns 450 shares of the company's stock worth $34,000 after purchasing an additional 150 shares in the last quarter. LPL Financial LLC grew its stake in shares of StoneX Group by 58.8% during the first quarter. LPL Financial LLC now owns 37,777 shares of the company's stock worth $2,885,000 after purchasing an additional 13,982 shares in the last quarter. MRP Capital Investments LLC grew its stake in shares of StoneX Group by 45.9% during the first quarter. MRP Capital Investments LLC now owns 25,375 shares of the company's stock worth $1,938,000 after purchasing an additional 7,984 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of StoneX Group by 56.7% during the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 12,681 shares of the company's stock worth $969,000 after purchasing an additional 4,591 shares in the last quarter. Institutional investors and hedge funds own 75.93% of the company's stock.

Insider Buying and Selling

In other StoneX Group news, insider Abigail H. Perkins sold 16,098 shares of the company's stock in a transaction on Thursday, June 12th. The shares were sold at an average price of $85.04, for a total value of $1,368,973.92. Following the completion of the transaction, the insider owned 31,076 shares in the company, valued at $2,642,703.04. This represents a 34.12% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director John Moore Fowler sold 1,125 shares of the stock in a transaction dated Friday, August 1st. The stock was sold at an average price of $96.00, for a total transaction of $108,000.00. Following the sale, the director owned 115,749 shares of the company's stock, valued at $11,111,904. This trade represents a 0.96% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 76,430 shares of company stock valued at $6,582,552 over the last ninety days. Company insiders own 11.70% of the company's stock.

StoneX Group Stock Performance

NASDAQ SNEX traded up $1.87 during trading hours on Tuesday, hitting $91.28. The company had a trading volume of 68,536 shares, compared to its average volume of 413,917. The company has a debt-to-equity ratio of 1.30, a quick ratio of 1.48 and a current ratio of 2.08. StoneX Group Inc. has a 1-year low of $50.31 and a 1-year high of $100.40. The company has a market cap of $4.76 billion, a PE ratio of 15.55 and a beta of 0.57. The business has a 50 day moving average of $90.65 and a 200-day moving average of $84.04.

StoneX Group (NASDAQ:SNEX - Get Free Report) last released its quarterly earnings data on Tuesday, August 5th. The company reported $1.22 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.39 by ($0.17). StoneX Group had a net margin of 0.23% and a return on equity of 16.20%. The company had revenue of $1.02 billion during the quarter, compared to analyst estimates of $923.10 million. As a group, equities research analysts expect that StoneX Group Inc. will post 8.7 EPS for the current year.

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.