Woodmont Investment Counsel LLC Has $9.24 Million Stake in StoneX Group Inc. (NASDAQ:SNEX)

Woodmont Investment Counsel LLC raised its stake in StoneX Group Inc. (NASDAQ:SNEX - Free Report) by 45.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 125,174 shares of the company's stock after buying an additional 39,302 shares during the period. Woodmont Investment Counsel LLC owned 0.60% of StoneX Group worth $9,242,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in SNEX. Exchange Traded Concepts LLC bought a new position in shares of StoneX Group during the third quarter valued at $29,000. Tower Research Capital LLC TRC raised its stake in StoneX Group by 160.9% during the first quarter. Tower Research Capital LLC TRC now owns 420 shares of the company's stock worth $43,000 after buying an additional 259 shares during the last quarter. Qube Research & Technologies Ltd bought a new position in StoneX Group during the third quarter worth $41,000. State of Wyoming raised its stake in StoneX Group by 39.6% during the second quarter. State of Wyoming now owns 1,244 shares of the company's stock worth $103,000 after buying an additional 353 shares during the last quarter. Finally, Covestor Ltd grew its holdings in StoneX Group by 29.2% in the third quarter. Covestor Ltd now owns 1,975 shares of the company's stock worth $191,000 after purchasing an additional 446 shares during the period. Institutional investors and hedge funds own 75.93% of the company's stock.

Insider Buying and Selling

In other StoneX Group news, CEO Philip Andrew Smith sold 7,000 shares of StoneX Group stock in a transaction dated Thursday, March 21st. The shares were sold at an average price of $69.73, for a total value of $488,110.00. Following the sale, the chief executive officer now owns 233,898 shares of the company's stock, valued at $16,309,707.54. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other StoneX Group news, CEO Charles M. Lyon sold 15,552 shares of the stock in a transaction that occurred on Tuesday, February 13th. The shares were sold at an average price of $65.11, for a total value of $1,012,590.72. Following the sale, the chief executive officer now directly owns 61,557 shares in the company, valued at approximately $4,007,976.27. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Philip Andrew Smith sold 7,000 shares of the stock in a transaction that occurred on Thursday, March 21st. The stock was sold at an average price of $69.73, for a total transaction of $488,110.00. Following the completion of the sale, the chief executive officer now owns 233,898 shares in the company, valued at $16,309,707.54. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 63,848 shares of company stock worth $4,295,111. 16.24% of the stock is owned by insiders.

StoneX Group Stock Up 1.3 %

NASDAQ:SNEX traded up $0.92 during trading hours on Friday, reaching $70.26. The company had a trading volume of 203,469 shares, compared to its average volume of 104,660. The company has a quick ratio of 1.20, a current ratio of 1.59 and a debt-to-equity ratio of 0.87. The firm has a market cap of $2.22 billion, a price-to-earnings ratio of 9.80 and a beta of 0.87. The business's 50-day simple moving average is $67.34 and its two-hundred day simple moving average is $65.93. StoneX Group Inc. has a twelve month low of $49.62 and a twelve month high of $74.01.

StoneX Group (NASDAQ:SNEX - Get Free Report) last issued its quarterly earnings data on Tuesday, February 6th. The company reported $2.16 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.70 by $0.46. The firm had revenue of $784.20 million during the quarter, compared to analysts' expectations of $781.80 million. StoneX Group had a net margin of 0.34% and a return on equity of 17.48%. On average, equities analysts expect that StoneX Group Inc. will post 7.44 earnings per share for the current year.

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.