Sei Investments Co. Invests $2.38 Million in StoneX Group Inc. (NASDAQ:SNEX)

Sei Investments Co. bought a new position in shares of StoneX Group Inc. (NASDAQ:SNEX) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 31,612 shares of the company’s stock, valued at approximately $2,381,000.

Several other institutional investors also recently bought and sold shares of SNEX. SummerHaven Investment Management LLC grew its holdings in shares of StoneX Group by 1.6% in the second quarter. SummerHaven Investment Management LLC now owns 12,699 shares of the company’s stock valued at $956,000 after purchasing an additional 199 shares in the last quarter. Arizona State Retirement System increased its position in shares of StoneX Group by 3.0% during the second quarter. Arizona State Retirement System now owns 7,949 shares of the company’s stock worth $599,000 after acquiring an additional 234 shares during the period. Louisiana State Employees Retirement System increased its position in shares of StoneX Group by 2.2% during the second quarter. Louisiana State Employees Retirement System now owns 13,700 shares of the company’s stock worth $1,032,000 after acquiring an additional 300 shares during the period. Millington Financial Advisors LLC raised its stake in shares of StoneX Group by 1.5% in the second quarter. Millington Financial Advisors LLC now owns 21,860 shares of the company’s stock valued at $1,646,000 after acquiring an additional 331 shares in the last quarter. Finally, C M Bidwell & Associates Ltd. boosted its holdings in StoneX Group by 49.7% in the fourth quarter. C M Bidwell & Associates Ltd. now owns 1,066 shares of the company’s stock valued at $79,000 after purchasing an additional 354 shares during the period. 75.93% of the stock is owned by institutional investors and hedge funds.

Insider Activity at StoneX Group

In other news, insider Xuong Nguyen sold 8,091 shares of the company’s stock in a transaction dated Monday, July 15th. The stock was sold at an average price of $80.00, for a total transaction of $647,280.00. Following the completion of the transaction, the insider now directly owns 60,816 shares of the company’s stock, valued at approximately $4,865,280. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. In related news, CEO Philip Andrew Smith sold 4,000 shares of StoneX Group stock in a transaction on Wednesday, August 7th. The shares were sold at an average price of $75.89, for a total transaction of $303,560.00. Following the sale, the chief executive officer now directly owns 221,898 shares in the company, valued at $16,839,839.22. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Xuong Nguyen sold 8,091 shares of the company’s stock in a transaction on Monday, July 15th. The shares were sold at an average price of $80.00, for a total transaction of $647,280.00. Following the completion of the transaction, the insider now owns 60,816 shares of the company’s stock, valued at $4,865,280. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 12,491 shares of company stock valued at $982,544 over the last quarter. 16.24% of the stock is owned by insiders.

StoneX Group Price Performance

Shares of NASDAQ SNEX opened at $83.34 on Friday. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.64 and a quick ratio of 1.20. The company has a market cap of $2.64 billion, a price-to-earnings ratio of 11.11 and a beta of 0.76. The stock’s 50-day moving average is $80.22 and its two-hundred day moving average is $75.56. StoneX Group Inc. has a 1-year low of $57.46 and a 1-year high of $84.92.

StoneX Group (NASDAQ:SNEX) last issued its earnings results on Tuesday, August 6th. The company reported $1.91 earnings per share for the quarter, beating the consensus estimate of $1.78 by $0.13. StoneX Group had a net margin of 0.27% and a return on equity of 15.89%. The firm had revenue of $913.70 million for the quarter, compared to analysts’ expectations of $817.80 million. Analysts forecast 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.