John Radziwill Purchases 1,400 Shares of StoneX Group Inc. (NASDAQ:SNEX) Stock

StoneX Group Inc. (NASDAQ:SNEX - Get Free Report) Chairman John Radziwill acquired 1,400 shares of the stock in a transaction on Thursday, June 12th. The shares were acquired at an average cost of $85.00 per share, for a total transaction of $119,000.00. Following the completion of the transaction, the chairman now directly owns 100,240 shares in the company, valued at $8,520,400. The trade was a 1.42% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

StoneX Group Stock Performance

SNEX traded down $0.91 on Friday, hitting $84.24. 341,461 shares of the company traded hands, compared to its average volume of 292,914. StoneX Group Inc. has a 12-month low of $46.43 and a 12-month high of $97.17. The company has a 50 day moving average of $84.52 and a 200-day moving average of $76.86. The company has a quick ratio of 1.29, a current ratio of 1.77 and a debt-to-equity ratio of 1.33. The stock has a market capitalization of $4.12 billion, a PE ratio of 10.06 and a beta of 0.53.

StoneX Group (NASDAQ:SNEX - Get Free Report) last released its quarterly earnings results on Wednesday, May 14th. The company reported $1.41 EPS for the quarter, topping the consensus estimate of $1.32 by $0.09. StoneX Group had a return on equity of 16.83% and a net margin of 0.26%. The business had revenue of $956.00 million during the quarter, compared to analysts' expectations of $907.30 million. Sell-side analysts anticipate that StoneX Group Inc. will post 8.7 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Rhumbline Advisers lifted its position in StoneX Group by 45.9% in the first quarter. Rhumbline Advisers now owns 129,081 shares of the company's stock valued at $9,860,000 after purchasing an additional 40,603 shares during the period. Strs Ohio purchased a new position in shares of StoneX Group during the 1st quarter worth approximately $1,066,000. Acadian Asset Management LLC lifted its holdings in shares of StoneX Group by 50.0% in the 1st quarter. Acadian Asset Management LLC now owns 831 shares of the company's stock valued at $63,000 after buying an additional 277 shares during the period. Intech Investment Management LLC lifted its holdings in shares of StoneX Group by 75.1% in the 1st quarter. Intech Investment Management LLC now owns 51,146 shares of the company's stock valued at $3,907,000 after buying an additional 21,932 shares during the period. Finally, Focus Partners Wealth boosted its stake in shares of StoneX Group by 48.7% in the first quarter. Focus Partners Wealth now owns 12,060 shares of the company's stock valued at $921,000 after buying an additional 3,951 shares in the last quarter. 75.93% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.