Jefferies Financial Group Inc. raised its position in StoneX Group Inc. (NASDAQ:SNEX - Free Report) by 1,386.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 37,300 shares of the company's stock after buying an additional 34,790 shares during the quarter. Jefferies Financial Group Inc. owned about 0.12% of StoneX Group worth $3,654,000 at the end of the most recent quarter.
Several other hedge funds have also recently bought and sold shares of the company. JPMorgan Chase & Co. boosted its stake in shares of StoneX Group by 104.3% in the 4th quarter. JPMorgan Chase & Co. now owns 329,287 shares of the company's stock valued at $32,260,000 after purchasing an additional 168,098 shares in the last quarter. American Century Companies Inc. boosted its stake in shares of 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 purchasing an additional 152,847 shares in the last quarter. Norges Bank acquired a new stake in shares of StoneX Group in the 4th quarter valued at approximately $10,551,000. Raymond James Financial Inc. acquired a new stake in shares of StoneX Group in the 4th quarter valued at approximately $10,276,000. Finally, BNP Paribas Financial Markets acquired a new stake in shares of StoneX Group in the 4th quarter valued at approximately $9,520,000. 75.93% of the stock is owned by institutional investors.
StoneX Group Price Performance
Shares of SNEX traded up $0.94 during mid-day trading on Friday, reaching $87.52. The company had a trading volume of 504,792 shares, compared to its average volume of 285,709. The company's 50 day simple moving average is $80.69 and its 200 day simple moving average is $73.93. The company has a market capitalization of $4.28 billion, a price-to-earnings ratio of 10.46 and a beta of 0.63. StoneX Group Inc. has a 1-year low of $46.43 and a 1-year high of $97.17. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.29 and a current ratio of 1.77.
StoneX Group (NASDAQ:SNEX - Get Free Report) last issued its quarterly earnings data on Wednesday, May 14th. The company reported $1.41 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.32 by $0.09. The business had revenue of $956.00 million during the quarter, compared to analyst estimates of $907.30 million. StoneX Group had a net margin of 0.26% and a return on equity of 16.83%. Analysts expect that StoneX Group Inc. will post 8.7 EPS for the current year.
Insider Activity at StoneX Group
In related news, Director John Moore Fowler sold 1,125 shares of the firm's stock in a transaction that occurred on Thursday, May 15th. The shares were sold at an average price of $87.75, for a total value of $98,718.75. Following the completion of the transaction, the director now owns 116,735 shares in the company, valued at $10,243,496.25. This trade represents a 0.95% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Philip Andrew Smith sold 9,000 shares of the firm's stock in a transaction that occurred on Friday, April 4th. The stock was sold at an average price of $69.56, for a total transaction of $626,040.00. Following the transaction, the chief executive officer now owns 342,711 shares of the company's stock, valued at approximately $23,838,977.16. The trade was a 2.56% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 152,582 shares of company stock worth $12,788,913 in the last quarter. 11.70% of the stock is owned by insiders.
Wall Street Analyst Weigh In
Separately, William Blair assumed coverage on shares of StoneX Group in a research note on Wednesday, March 26th. They issued an "outperform" rating on the stock.
View Our Latest Stock Analysis on SNEX
StoneX Group Profile
(
Free Report)
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.
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