Point72 Asia Singapore Pte. Ltd. Sells 921 Shares of StoneX Group Inc. (NASDAQ:SNEX)

Point72 Asia Singapore Pte. Ltd. decreased its position in StoneX Group Inc. (NASDAQ:SNEX) by 51.3% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 874 shares of the company’s stock after selling 921 shares during the quarter. Point72 Asia Singapore Pte. Ltd.’s holdings in StoneX Group were worth $66,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. FinTrust Capital Advisors LLC increased its stake in StoneX Group by 50.0% in the 4th quarter. FinTrust Capital Advisors LLC now owns 450 shares of the company’s stock worth $33,000 after acquiring an additional 150 shares during the last quarter. Quest Partners LLC increased its stake in StoneX Group by 9,133.3% in the 2nd quarter. Quest Partners LLC now owns 554 shares of the company’s stock worth $42,000 after acquiring an additional 548 shares during the last quarter. nVerses Capital LLC bought a new stake in StoneX Group in the 2nd quarter worth approximately $68,000. C M Bidwell & Associates Ltd. increased its stake in StoneX Group by 49.7% in the 4th quarter. C M Bidwell & Associates Ltd. now owns 1,066 shares of the company’s stock worth $79,000 after acquiring an additional 354 shares during the last quarter. Finally, Daiwa Securities Group Inc. bought a new stake in StoneX Group in the 1st quarter worth approximately $120,000. Institutional investors own 75.93% of the company’s stock.

Insider Transactions at StoneX Group

In other news, CEO Philip Andrew Smith sold 4,000 shares of StoneX Group stock in a transaction that occurred on Wednesday, August 7th. The stock was 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 approximately $16,839,839.22. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In related news, CEO Philip Andrew Smith sold 4,000 shares of the business’s stock in a transaction 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 completion of the transaction, the chief executive officer now owns 221,898 shares in the company, valued at approximately $16,839,839.22. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Xuong Nguyen sold 8,091 shares of the business’s stock in a transaction on Monday, July 15th. The shares were sold at an average price of $80.00, for a total value of $647,280.00. Following the transaction, the insider now owns 60,816 shares of the company’s stock, valued at approximately $4,865,280. The disclosure for this sale can be found here. In the last 90 days, insiders sold 12,491 shares of company stock worth $982,544. 16.24% of the stock is currently owned by company insiders.

StoneX Group Stock Performance

NASDAQ:SNEX opened at $81.95 on Monday. The company has a market cap of $2.60 billion, a price-to-earnings ratio of 10.93 and a beta of 0.76. 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 stock’s 50 day simple moving average is $80.23 and its two-hundred day simple moving average is $75.15. StoneX Group Inc. has a 1 year low of $57.46 and a 1 year high of $84.92.

StoneX Group (NASDAQ:SNEX) last announced its earnings results on Tuesday, August 6th. The company reported $1.91 EPS for the quarter, topping analysts’ consensus estimates of $1.78 by $0.13. The firm had revenue of $913.70 million during 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%. As a group, equities analysts anticipate that StoneX Group Inc. will post 7.45 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.