StoneX Group Inc. (NASDAQ:SNEX) Shares Sold by SG Americas Securities LLC

SG Americas Securities LLC reduced its position in StoneX Group Inc. (NASDAQ:SNEX) by 77.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,253 shares of the company’s stock after selling 4,245 shares during the period. SG Americas Securities LLC’s holdings in StoneX Group were worth $103,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in SNEX. SummerHaven Investment Management LLC increased its holdings in 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 buying an additional 199 shares in the last quarter. Arizona State Retirement System raised its holdings in StoneX Group by 3.0% in the 2nd quarter. Arizona State Retirement System now owns 7,949 shares of the company’s stock worth $599,000 after purchasing an additional 234 shares during the period. Louisiana State Employees Retirement System boosted its position in 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 purchasing an additional 300 shares in the last quarter. Millington Financial Advisors LLC grew its holdings in 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 purchasing an additional 331 shares during the period. Finally, Illinois Municipal Retirement Fund increased its position in shares of StoneX Group by 2.5% in the first quarter. Illinois Municipal Retirement Fund now owns 15,565 shares of the company’s stock valued at $1,094,000 after buying an additional 375 shares in the last quarter. 75.93% of the stock is owned by hedge funds and other institutional investors.

StoneX Group Price Performance

StoneX Group stock opened at $85.63 on Monday. The stock has a market capitalization of $2.72 billion, a P/E ratio of 11.87 and a beta of 0.76. The company’s fifty day moving average price is $82.52 and its 200 day moving average price is $77.55. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.20 and a current ratio of 1.64. StoneX Group Inc. has a 1 year low of $59.07 and a 1 year high of $88.80.

StoneX Group (NASDAQ:SNEX) last released its quarterly earnings results on Tuesday, August 6th. The company reported $1.91 earnings per share for the quarter, topping the consensus estimate of $1.78 by $0.13. The firm had revenue of $913.70 million during the quarter, compared to the consensus estimate of $817.80 million. StoneX Group had a net margin of 0.27% and a return on equity of 15.89%. As a group, equities research analysts anticipate that StoneX Group Inc. will post 7.75 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, CEO Philip Andrew Smith sold 4,000 shares of the firm’s 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 transaction, the chief executive officer now owns 221,898 shares in the company, valued at $16,839,839.22. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 16.24% of the stock is owned by company insiders.

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.