Louisiana State Employees Retirement System Boosts Stock Position in StoneX Group Inc. (NASDAQ:SNEX)

Louisiana State Employees Retirement System grew its holdings in StoneX Group Inc. (NASDAQ:SNEX) by 2.2% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 13,700 shares of the company’s stock after purchasing an additional 300 shares during the period. Louisiana State Employees Retirement System’s holdings in StoneX Group were worth $1,032,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. International Assets Investment Management LLC increased its stake in StoneX Group by 10,975.0% in the 4th quarter. International Assets Investment Management LLC now owns 4,430 shares of the company’s stock worth $327,000 after buying an additional 4,390 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of StoneX Group by 12.3% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,073 shares of the company’s stock valued at $375,000 after acquiring an additional 556 shares in the last quarter. Handelsbanken Fonder AB purchased a new stake in shares of StoneX Group in the fourth quarter valued at approximately $248,000. New York State Common Retirement Fund grew its stake in StoneX Group by 49.0% in the fourth quarter. New York State Common Retirement Fund now owns 101,163 shares of the company’s stock worth $7,469,000 after purchasing an additional 33,286 shares in the last quarter. Finally, Yousif Capital Management LLC increased its holdings 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 period. 75.93% of the stock is currently owned by institutional investors.

Insider Transactions at StoneX Group

In related news, insider Diego Rotsztain sold 1,090 shares of StoneX Group stock in a transaction that occurred on Thursday, June 6th. The shares were sold at an average price of $73.50, for a total transaction of $80,115.00. Following the transaction, the insider now directly owns 29,880 shares of the company’s stock, valued at $2,196,180. The sale was disclosed in a filing with the SEC, which is accessible through this link. In other StoneX Group news, Director John Moore Fowler sold 400 shares of the business’s stock in a transaction dated Friday, July 12th. The shares were sold at an average price of $79.26, for a total value of $31,704.00. Following the completion of the transaction, the director now directly owns 2,000 shares in the company, valued at $158,520. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Diego Rotsztain sold 1,090 shares of the firm’s stock in a transaction dated Thursday, June 6th. The shares were sold at an average price of $73.50, for a total transaction of $80,115.00. Following the completion of the sale, the insider now owns 29,880 shares in the company, valued at $2,196,180. The disclosure for this sale can be found here. In the last quarter, insiders sold 39,563 shares of company stock valued at $2,988,793. Company insiders own 16.24% of the company’s stock.

StoneX Group Trading Up 1.0 %

Shares of NASDAQ SNEX opened at $81.98 on Wednesday. StoneX Group Inc. has a twelve month low of $57.46 and a twelve month high of $84.40. The firm has a market cap of $2.60 billion, a PE ratio of 10.93 and a beta of 0.77. The business has a fifty day simple moving average of $77.68 and a two-hundred day simple moving average of $72.90. 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 (NASDAQ:SNEX) last released its quarterly earnings data 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 return on equity of 17.29% and a net margin of 0.33%. The firm had revenue of $913.70 million during the quarter, compared to the consensus estimate of $817.80 million. Analysts expect that StoneX Group Inc. will post 7.25 earnings per share for the current fiscal year.

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.