Motley Fool Wealth Management LLC Increases Position in StoneX Group Inc. (NASDAQ:SNEX)

Motley Fool Wealth Management LLC grew its position in StoneX Group Inc. (NASDAQ:SNEX - Free Report) by 63.8% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 167,415 shares of the company's stock after acquiring an additional 65,178 shares during the period. Motley Fool Wealth Management LLC owned 0.53% of StoneX Group worth $12,324,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the company. Truist Financial Corp raised its position in StoneX Group by 44.2% during the 4th quarter. Truist Financial Corp now owns 5,880 shares of the company's stock worth $434,000 after purchasing an additional 1,801 shares during the last quarter. O Brien Greene & Co. Inc raised its position in StoneX Group by 50.0% during the 4th quarter. O Brien Greene & Co. Inc now owns 15,300 shares of the company's stock worth $1,130,000 after purchasing an additional 5,100 shares during the last quarter. Motley Fool Asset Management LLC raised its position in StoneX Group by 56.4% during the 4th quarter. Motley Fool Asset Management LLC now owns 134,181 shares of the company's stock worth $9,907,000 after purchasing an additional 48,385 shares during the last quarter. State of New Jersey Common Pension Fund D raised its position in StoneX Group by 50.0% during the 4th quarter. State of New Jersey Common Pension Fund D now owns 39,427 shares of the company's stock worth $2,911,000 after purchasing an additional 13,142 shares during the last quarter. Finally, Yousif Capital Management LLC raised its position in StoneX Group by 33.7% during the 4th quarter. Yousif Capital Management LLC now owns 13,298 shares of the company's stock worth $982,000 after purchasing an additional 3,353 shares during the last quarter. 75.93% of the stock is currently owned by institutional investors.

StoneX Group Trading Up 0.8 %

StoneX Group stock traded up $0.59 during trading hours on Friday, reaching $71.55. 111,502 shares of the company's stock were exchanged, compared to its average volume of 128,880. 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's 50 day simple moving average is $67.85 and its 200 day simple moving average is $66.50. StoneX Group Inc. has a twelve month low of $49.62 and a twelve month high of $74.01. The firm has a market capitalization of $2.26 billion, a PE ratio of 9.98 and a beta of 0.87.

StoneX Group (NASDAQ:SNEX - Get Free Report) last issued its quarterly earnings results on Tuesday, February 6th. The company reported $2.16 earnings per share for the quarter, topping analysts' consensus estimates of $1.70 by $0.46. StoneX Group had a return on equity of 17.48% and a net margin of 0.34%. The firm had revenue of $784.20 million during the quarter, compared to the consensus estimate of $781.80 million. Research analysts predict that StoneX Group Inc. will post 7.64 earnings per share for the current year.

Insiders Place Their Bets

In other StoneX Group news, CEO Charles M. Lyon sold 15,552 shares of the stock in a transaction dated Tuesday, February 13th. The stock was sold at an average price of $65.11, for a total transaction of $1,012,590.72. Following the completion of the sale, the chief executive officer now directly owns 61,557 shares in the company, valued at approximately $4,007,976.27. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other news, CEO Charles M. Lyon sold 15,552 shares of the firm's stock in a transaction dated Tuesday, February 13th. The stock was sold at an average price of $65.11, for a total value of $1,012,590.72. Following the completion of the sale, the chief executive officer now directly owns 61,557 shares in the company, valued at approximately $4,007,976.27. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director John Moore Fowler sold 600 shares of the firm's stock in a transaction dated Friday, March 1st. The shares were sold at an average price of $68.94, for a total value of $41,364.00. Following the completion of the sale, the director now owns 83,878 shares of the company's stock, valued at $5,782,549.32. The disclosure for this sale can be found here. In the last ninety days, insiders sold 56,348 shares of company stock worth $3,769,436. Company insiders own 16.24% 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.