State of New Jersey Common Pension Fund D Buys 13,142 Shares of StoneX Group Inc. (NASDAQ:SNEX)

State of New Jersey Common Pension Fund D raised its position in StoneX Group Inc. (NASDAQ:SNEX - Free Report) by 50.0% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 39,427 shares of the company's stock after purchasing an additional 13,142 shares during the period. State of New Jersey Common Pension Fund D owned about 0.13% of StoneX Group worth $2,911,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of SNEX. Exchange Traded Concepts LLC acquired a new stake in StoneX Group in the 3rd quarter worth about $29,000. Naples Money Management LLC acquired a new stake in StoneX Group in the 4th quarter worth about $30,000. Parkside Financial Bank & Trust boosted its stake in StoneX Group by 45.2% in the 4th quarter. Parkside Financial Bank & Trust now owns 601 shares of the company's stock worth $44,000 after buying an additional 187 shares during the last quarter. Allworth Financial LP boosted its stake in StoneX Group by 49.5% in the 4th quarter. Allworth Financial LP now owns 815 shares of the company's stock worth $60,000 after buying an additional 270 shares during the last quarter. Finally, Covestor Ltd boosted its stake in StoneX Group by 29.2% in the 3rd quarter. Covestor Ltd now owns 1,975 shares of the company's stock worth $191,000 after buying an additional 446 shares during the last quarter. Institutional investors and hedge funds own 75.93% of the company's stock.

StoneX Group Trading Up 2.9 %

NASDAQ:SNEX traded up $2.07 during mid-day trading on Monday, reaching $73.62. The company's stock had a trading volume of 114,276 shares, compared to its average volume of 124,669. The company's fifty day simple moving average is $67.99 and its two-hundred day simple moving average is $66.57. The stock has a market cap of $2.32 billion, a P/E ratio of 10.27 and a beta of 0.87. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.59 and a quick ratio of 1.20. 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 released its quarterly earnings data on Tuesday, February 6th. The company reported $2.16 EPS for the quarter, topping analysts' consensus estimates of $1.70 by $0.46. The company had revenue of $784.20 million for the quarter, compared to the consensus estimate of $781.80 million. StoneX Group had a return on equity of 17.48% and a net margin of 0.34%. On average, equities analysts predict that StoneX Group Inc. will post 7.64 EPS for the current year.

Insider Transactions at StoneX Group

In related news, Director Scott J. Branch sold 7,500 shares of the firm's stock in a transaction dated Wednesday, February 7th. The stock was sold at an average price of $63.87, for a total transaction of $479,025.00. Following the sale, the director now directly owns 519,934 shares in the company, valued at approximately $33,208,184.58. The sale was disclosed in a document filed with the SEC, which is accessible through this link. In related news, Director Scott J. Branch sold 7,500 shares of the firm's stock in a transaction dated Wednesday, February 7th. The stock was sold at an average price of $63.87, for a total transaction of $479,025.00. Following the sale, the director now directly owns 519,934 shares in the company, valued at approximately $33,208,184.58. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Philip Andrew Smith sold 7,000 shares of the firm's 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 in the company, valued at $16,309,707.54. The disclosure for this sale can be found here. Insiders have sold a total of 56,348 shares of company stock worth $3,769,436 in the last three months. 16.24% 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.