StoneX Group Inc. (NASDAQ:SNEX) Shares Sold by AQR Capital Management LLC

AQR Capital Management LLC trimmed its holdings in StoneX Group Inc. (NASDAQ:SNEX) by 12.9% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 149,271 shares of the company’s stock after selling 22,109 shares during the quarter. AQR Capital Management LLC owned about 0.47% of StoneX Group worth $11,242,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its position in shares of StoneX Group by 53.1% during the 4th quarter. Vanguard Group Inc. now owns 1,875,853 shares of the company’s stock worth $138,494,000 after buying an additional 650,911 shares in the last quarter. American Century Companies Inc. raised its holdings in StoneX Group by 80.3% during the second quarter. American Century Companies Inc. now owns 808,768 shares of the company’s stock worth $60,908,000 after purchasing an additional 360,164 shares in the last quarter. Private Capital Management LLC lifted its position in StoneX Group by 50.9% in the fourth quarter. Private Capital Management LLC now owns 555,572 shares of the company’s stock worth $41,018,000 after purchasing an additional 187,349 shares during the period. Harbor Capital Advisors Inc. boosted its stake in StoneX Group by 273.4% during the 2nd quarter. Harbor Capital Advisors Inc. now owns 125,319 shares of the company’s stock valued at $9,438,000 after purchasing an additional 91,757 shares in the last quarter. Finally, Wellington Management Group LLP boosted its stake in StoneX Group by 44.3% during the 4th quarter. Wellington Management Group LLP now owns 252,140 shares of the company’s stock valued at $18,615,000 after purchasing an additional 77,401 shares in the last quarter. 75.93% of the stock is currently owned by institutional investors and hedge funds.

StoneX Group Stock Up 1.1 %

SNEX opened at $81.48 on Thursday. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.20 and a current ratio of 1.64. The company has a market capitalization of $2.58 billion, a PE ratio of 10.86 and a beta of 0.76. The stock’s fifty day moving average is $80.23 and its 200-day moving average is $75.40. StoneX Group Inc. has a one year low of $57.46 and a one year high of $84.92.

StoneX Group (NASDAQ:SNEX) last issued its quarterly earnings results on Tuesday, August 6th. The company reported $1.91 EPS for the quarter, topping 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. On average, equities analysts predict that StoneX Group Inc. will post 7.45 EPS for the current fiscal year.

Insider Activity at StoneX Group

In other StoneX Group news, CEO Philip Andrew Smith sold 4,000 shares of StoneX Group 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 transaction, the chief executive officer now owns 221,898 shares in the company, valued at $16,839,839.22. The transaction was disclosed in a document filed with the SEC, which is available at this link. In other news, CEO Philip Andrew Smith sold 4,000 shares of the firm’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 sale, the chief executive officer now directly owns 221,898 shares of the company’s stock, valued at approximately $16,839,839.22. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director John Moore Fowler sold 400 shares of StoneX Group stock in a transaction 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 completion of the transaction, the director now owns 2,000 shares in the company, valued at $158,520. The disclosure for this sale can be found here. Insiders sold a total of 12,491 shares of company stock valued at $982,544 over the last ninety days. 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.