StoneX Group Inc. (NASDAQ:SNEX) Shares Bought by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. raised its position in StoneX Group Inc. (NASDAQ:SNEX) by 6.8% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 99,144 shares of the company’s stock after buying an additional 6,273 shares during the period. Envestnet Asset Management Inc. owned about 0.31% of StoneX Group worth $7,466,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in StoneX Group by 1.8% in the 1st quarter. Vanguard Group Inc. now owns 1,909,965 shares of the company’s stock worth $134,194,000 after buying an additional 34,112 shares during the last quarter. Van Berkom & Associates Inc. boosted its holdings in StoneX Group by 1.6% in the 2nd quarter. Van Berkom & Associates Inc. now owns 1,415,432 shares of the company’s stock worth $106,596,000 after buying an additional 21,608 shares during the last quarter. American Century Companies Inc. boosted its holdings in StoneX Group by 80.3% in the 2nd quarter. American Century Companies Inc. now owns 808,768 shares of the company’s stock worth $60,908,000 after buying an additional 360,164 shares during the last quarter. Private Capital Management LLC boosted its holdings in StoneX Group by 50.9% in the 4th quarter. Private Capital Management LLC now owns 555,572 shares of the company’s stock worth $41,018,000 after buying an additional 187,349 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD boosted its holdings in StoneX Group by 0.3% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 450,770 shares of the company’s stock worth $31,672,000 after buying an additional 1,508 shares during the last quarter. 75.93% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at StoneX Group

In other news, CEO Philip Andrew Smith sold 4,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 7th. The stock was sold at an average price of $75.89, for a total transaction of $303,560.00. Following the transaction, the chief executive officer now directly owns 221,898 shares in the company, valued at approximately $16,839,839.22. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. In related news, Director John Moore Fowler sold 400 shares of the company’s stock in a transaction that occurred on Friday, July 12th. The stock was sold at an average price of $79.26, for a total value of $31,704.00. Following the transaction, the director now directly owns 2,000 shares in the company, valued at $158,520. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Philip Andrew Smith sold 4,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 7th. The shares were sold at an average price of $75.89, for a total value of $303,560.00. Following the completion of the transaction, the chief executive officer now owns 221,898 shares in the company, valued at $16,839,839.22. The disclosure for this sale can be found here. Insiders have sold a total of 12,491 shares of company stock worth $982,544 in the last ninety days. Insiders own 16.24% of the company’s stock.

StoneX Group Trading Down 0.1 %

SNEX stock opened at $81.95 on Friday. The company has a current ratio of 1.64, a quick ratio of 1.20 and a debt-to-equity ratio of 1.04. StoneX Group Inc. has a 12-month low of $57.46 and a 12-month high of $84.92. The stock has a market cap of $2.60 billion, a price-to-earnings ratio of 10.93 and a beta of 0.76. The business’s 50-day moving average is $80.23 and its 200 day moving average is $75.10.

StoneX Group (NASDAQ:SNEX) last issued its earnings results on Tuesday, August 6th. The company reported $1.91 earnings per share for the quarter, topping the consensus estimate of $1.78 by $0.13. The business had revenue of $913.70 million for the quarter, compared to analysts’ expectations of $817.80 million. StoneX Group had a return on equity of 15.89% and a net margin of 0.27%. On average, sell-side analysts anticipate that StoneX Group Inc. will post 7.45 EPS for the current fiscal 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.