GSA Capital Partners LLP Sells 3,725 Shares of StoneX Group Inc. (NASDAQ:SNEX)

GSA Capital Partners LLP reduced its stake in StoneX Group Inc. (NASDAQ:SNEX) by 28.5% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 9,324 shares of the company’s stock after selling 3,725 shares during the quarter. GSA Capital Partners LLP’s holdings in StoneX Group were worth $655,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. Naples Money Management LLC bought a new stake in StoneX Group during the fourth quarter valued at about $30,000. FinTrust Capital Advisors LLC raised its holdings in StoneX Group by 50.0% during the fourth quarter. FinTrust Capital Advisors LLC now owns 450 shares of the company’s stock valued at $33,000 after acquiring an additional 150 shares during the period. Parkside Financial Bank & Trust raised its holdings in StoneX Group by 45.2% during the fourth quarter. Parkside Financial Bank & Trust now owns 601 shares of the company’s stock valued at $44,000 after acquiring an additional 187 shares during the period. Allworth Financial LP raised its holdings in StoneX Group by 49.5% during the fourth quarter. Allworth Financial LP now owns 815 shares of the company’s stock valued at $60,000 after acquiring an additional 270 shares during the period. Finally, Quadrant Capital Group LLC grew its position in shares of StoneX Group by 107.2% during the fourth quarter. Quadrant Capital Group LLC now owns 953 shares of the company’s stock valued at $70,000 after purchasing an additional 493 shares in the last quarter. 75.93% of the stock is owned by institutional investors.

StoneX Group Trading Up 0.8 %

Shares of StoneX Group stock opened at $78.63 on Friday. The firm has a market cap of $2.49 billion, a price-to-earnings ratio of 10.48 and a beta of 0.77. The business has a 50-day moving average price of $74.53 and a 200-day moving average price of $70.36. The company has a quick ratio of 1.20, a current ratio of 1.61 and a debt-to-equity ratio of 1.52. StoneX Group Inc. has a twelve month low of $57.46 and a twelve month high of $80.00.

StoneX Group (NASDAQ:SNEX) last issued its quarterly earnings data on Wednesday, May 8th. The company reported $1.66 earnings per share for the quarter, beating analysts’ consensus estimates of $1.61 by $0.05. The firm had revenue of $818.20 million during the quarter, compared to analyst estimates of $788.30 million. StoneX Group had a return on equity of 17.29% and a net margin of 0.33%. Equities research analysts anticipate that StoneX Group Inc. will post 7.25 EPS for the current fiscal year.

Insider Activity

In other news, CEO Charles M. Lyon sold 4,016 shares of the firm’s stock in a transaction dated Monday, May 20th. The stock was sold at an average price of $74.02, for a total transaction of $297,264.32. Following the completion of the transaction, the chief executive officer now owns 61,557 shares in the company, valued at $4,556,449.14. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. In related news, COO Xuong Nguyen sold 19,988 shares of StoneX Group stock in a transaction dated Friday, June 7th. The stock was sold at an average price of $75.04, for a total value of $1,499,899.52. Following the completion of the transaction, the chief operating officer now owns 60,816 shares in the company, valued at $4,563,632.64. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Charles M. Lyon sold 4,016 shares of StoneX Group stock in a transaction dated Monday, May 20th. The stock was sold at an average price of $74.02, for a total value of $297,264.32. Following the completion of the transaction, the chief executive officer now owns 61,557 shares of the company’s stock, valued at approximately $4,556,449.14. The disclosure for this sale can be found here. Insiders sold a total of 45,868 shares of company stock worth $3,448,851 over the last 90 days. Corporate insiders own 16.24% of the company’s stock.

About StoneX Group

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.