StoneX Group Inc. (NASDAQ:SNEX) Shares Sold by Two Sigma Investments LP

Two Sigma Investments LP trimmed its position in shares of StoneX Group Inc. (NASDAQ:SNEX - Free Report) by 60.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 10,231 shares of the company's stock after selling 15,873 shares during the period. Two Sigma Investments LP's holdings in StoneX Group were worth $1,002,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the company. American Century Companies Inc. boosted its position in 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 boosted its position in 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. boosted its position in 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 boosted its position 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 valued at $49,814,000 after buying an additional 20,928 shares during the period. Finally, Northern Trust Corp boosted its position in StoneX Group by 9.9% in the 4th quarter. Northern Trust Corp now owns 335,456 shares of the company's stock valued at $32,865,000 after buying an additional 30,248 shares during the period. 75.93% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

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

StoneX Group Stock Up 2.0%

NASDAQ:SNEX traded up $1.66 during midday trading on Friday, reaching $85.16. 206,009 shares of the stock traded hands, compared to its average volume of 292,159. StoneX Group Inc. has a 12-month low of $46.43 and a 12-month high of $97.17. The business has a 50-day moving average of $83.58 and a two-hundred day moving average of $76.41. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.29 and a current ratio of 1.77. The stock has a market capitalization of $4.17 billion, a PE ratio of 10.17 and a beta of 0.53.

StoneX Group (NASDAQ:SNEX - Get Free Report) last posted its earnings results 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 net margin of 0.26% and a return on equity of 16.83%. The company had revenue of $956.00 million during the quarter, compared to analysts' expectations of $907.30 million. On average, equities analysts forecast that StoneX Group Inc. will post 8.7 earnings per share for the current fiscal year.

Insider Transactions at StoneX Group

In other news, CEO Philip Andrew Smith sold 40,553 shares of the stock in a transaction on Thursday, April 17th. The shares were sold at an average price of $80.30, for a total value of $3,256,405.90. Following the sale, the chief executive officer now owns 342,711 shares in the company, valued at $27,519,693.30. This represents a 10.58% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Chairman Sean Michael Oconnor sold 34,083 shares of the stock in a transaction on Tuesday, April 29th. The stock was sold at an average price of $89.63, for a total transaction of $3,054,859.29. Following the completion of the sale, the chairman now owns 1,023,084 shares in the company, valued at $91,699,018.92. The trade was a 3.22% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 130,082 shares of company stock worth $11,021,613 over the last 90 days. 11.70% of the stock is currently owned by company insiders.

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.