Teachers Retirement System of The State of Kentucky Has $958,000 Stake in StoneX Group Inc. (NASDAQ:SNEX)

Key Points

• The Teachers Retirement System of The State of Kentucky increased its holdings in StoneX Group Inc. by 50%, owning 12,547 shares valued at approximately $958,000 after acquiring an additional 4,182 shares.
• Insider activity includes the sale of 16,098 shares by Abigail H. Perkins and a purchase of 1,400 shares by Chairman John Radziwill, indicating significant trading by company insiders.
• StoneX Group reported earnings per share of $1.41, exceeding analysts' expectations, with a revenue of $956 million for the last quarter.

Teachers Retirement System of The State of Kentucky boosted its stake in shares of StoneX Group Inc. (NASDAQ:SNEX - Free Report) by 50.0% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 12,547 shares of the company's stock after purchasing an additional 4,182 shares during the quarter. Teachers Retirement System of The State of Kentucky's holdings in StoneX Group were worth $958,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of SNEX. Teacher Retirement System of Texas boosted its stake in StoneX Group by 132.6% during the 4th quarter. Teacher Retirement System of Texas now owns 13,194 shares of the company's stock valued at $1,293,000 after purchasing an additional 7,521 shares during the period. Quantbot Technologies LP bought a new stake in shares of StoneX Group in the fourth quarter valued at approximately $380,000. Sei Investments Co. grew its stake in shares of StoneX Group by 60.7% in the fourth quarter. Sei Investments Co. now owns 48,075 shares of the company's stock worth $4,710,000 after acquiring an additional 18,155 shares during the last quarter. KLP Kapitalforvaltning AS bought a new position in StoneX Group during the fourth quarter worth $578,000. Finally, JPMorgan Chase & Co. increased its position in StoneX Group by 104.3% during the fourth quarter. JPMorgan Chase & Co. now owns 329,287 shares of the company's stock worth $32,260,000 after acquiring an additional 168,098 shares during the period. Institutional investors own 75.93% of the company's stock.

StoneX Group Stock Performance

StoneX Group stock traded down $0.37 during mid-day trading on Monday, reaching $94.15. The company had a trading volume of 95,870 shares, compared to its average volume of 381,188. 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 firm has a market cap of $4.61 billion, a price-to-earnings ratio of 15.93 and a beta of 0.54. The company has a 50 day moving average of $89.09 and a 200-day moving average of $82.25. StoneX Group Inc. has a 52 week low of $47.69 and a 52 week high of $99.08.

StoneX Group (NASDAQ:SNEX - Get Free Report) last posted its quarterly earnings results on Wednesday, May 14th. The company reported $1.41 EPS for the quarter, beating the consensus estimate of $1.32 by $0.09. The firm had revenue of $956.00 million during the quarter, compared to analysts' expectations of $907.30 million. StoneX Group had a return on equity of 17.03% and a net margin of 0.24%. On average, sell-side analysts expect that StoneX Group Inc. will post 8.7 EPS for the current fiscal year.

Insider Transactions at StoneX Group

In other StoneX Group news, Chairman Sean Michael Oconnor sold 34,083 shares of the company's stock in a transaction dated 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 sale, the chairman directly owned 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 sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Chairman John Radziwill bought 1,400 shares of the business's stock in a transaction dated Thursday, June 12th. The stock was purchased at an average price of $85.00 per share, with a total value of $119,000.00. Following the purchase, the chairman directly owned 100,240 shares of the company's stock, valued at $8,520,400. The trade was a 1.42% increase in their position. The disclosure for this purchase can be found here. Insiders sold 120,262 shares of company stock valued at $10,534,329 over the last 90 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.