Oregon Public Employees Retirement Fund Increases Stake in StoneX Group Inc. (NASDAQ:SNEX)

Oregon Public Employees Retirement Fund boosted its position in StoneX Group Inc. (NASDAQ:SNEX - Free Report) by 117.5% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 14,495 shares of the company's stock after purchasing an additional 7,832 shares during the quarter. Oregon Public Employees Retirement Fund's holdings in StoneX Group were worth $1,107,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. GAMMA Investing LLC increased its holdings in shares of StoneX Group by 92.7% during the first quarter. GAMMA Investing LLC now owns 742 shares of the company's stock valued at $57,000 after acquiring an additional 357 shares in the last quarter. Smartleaf Asset Management LLC increased its holdings in shares of StoneX Group by 250.8% during the fourth quarter. Smartleaf Asset Management LLC now owns 656 shares of the company's stock valued at $64,000 after acquiring an additional 469 shares in the last quarter. Steward Partners Investment Advisory LLC acquired a new position in shares of StoneX Group during the fourth quarter valued at about $75,000. KBC Group NV increased its holdings in shares of StoneX Group by 50.0% during the first quarter. KBC Group NV now owns 1,963 shares of the company's stock valued at $150,000 after acquiring an additional 654 shares in the last quarter. Finally, Bessemer Group Inc. increased its holdings in shares of StoneX Group by 145.2% during the fourth quarter. Bessemer Group Inc. now owns 1,714 shares of the company's stock valued at $168,000 after acquiring an additional 1,015 shares in the last quarter. 75.93% of the stock is currently owned by institutional investors.

StoneX Group Stock Performance

NASDAQ:SNEX traded up $1.07 during midday trading on Friday, hitting $93.78. The company's stock had a trading volume of 111,912 shares, compared to its average volume of 303,020. StoneX Group Inc. has a fifty-two week low of $47.69 and a fifty-two week high of $97.17. The firm's 50 day moving average is $87.73 and its 200-day moving average is $79.23. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.91 and a quick ratio of 1.35. The firm has a market cap of $4.59 billion, a P/E ratio of 15.89 and a beta of 0.54.

StoneX Group (NASDAQ:SNEX - Get Free Report) last issued its quarterly earnings results on Wednesday, May 14th. The company reported $1.41 earnings per share for the quarter, topping the consensus estimate of $1.32 by $0.09. StoneX Group had a net margin of 0.24% and a return on equity of 17.03%. The company had revenue of $956.00 million for the quarter, compared to the consensus estimate of $907.30 million. Equities analysts anticipate that StoneX Group Inc. will post 8.7 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, William Blair began coverage on shares of StoneX Group in a report on Wednesday, March 26th. They issued an "outperform" rating on the stock.

Insiders Place Their Bets

In other StoneX Group news, 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 completion of the sale, the chairman directly owned 1,023,084 shares of the company's stock, valued at $91,699,018.92. This trade represents a 3.22% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Philip Andrew Smith sold 40,553 shares of the firm's stock in a transaction on Thursday, April 17th. The stock was sold at an average price of $80.30, for a total value of $3,256,405.90. Following the completion of the sale, the chief executive officer directly owned 342,711 shares of the company's stock, valued at $27,519,693.30. This trade represents a 10.58% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 165,262 shares of company stock worth $14,146,806. Corporate insiders own 11.70% of the company's 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.