Texas Permanent School Fund Corp Has $1.97 Million Holdings in StoneX Group Inc. (NASDAQ:SNEX)

Texas Permanent School Fund Corp lifted its stake in shares of StoneX Group Inc. (NASDAQ:SNEX) by 10.3% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 26,196 shares of the company’s stock after buying an additional 2,449 shares during the quarter. Texas Permanent School Fund Corp owned about 0.08% of StoneX Group worth $1,973,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently modified their holdings of the company. FinTrust Capital Advisors LLC grew its holdings in StoneX Group by 50.0% in the fourth quarter. FinTrust Capital Advisors LLC now owns 450 shares of the company’s stock worth $33,000 after purchasing an additional 150 shares during the period. Quest Partners LLC increased its position in StoneX Group by 9,133.3% in the 2nd quarter. Quest Partners LLC now owns 554 shares of the company’s stock valued at $42,000 after buying an additional 548 shares in the last quarter. nVerses Capital LLC acquired a new position in StoneX Group during the 2nd quarter worth approximately $68,000. Quadrant Capital Group LLC boosted its holdings in StoneX Group by 107.2% in the fourth quarter. Quadrant Capital Group LLC now owns 953 shares of the company’s stock worth $70,000 after acquiring an additional 493 shares in the last quarter. Finally, C M Bidwell & Associates Ltd. grew its stake in StoneX Group by 49.7% in the fourth quarter. C M Bidwell & Associates Ltd. now owns 1,066 shares of the company’s stock valued at $79,000 after acquiring an additional 354 shares during the period. Institutional investors own 75.93% of the company’s stock.

Insider Activity at StoneX Group

In other StoneX Group news, Director John Moore Fowler sold 400 shares of the business’s stock in a transaction that occurred on Friday, July 12th. The stock was sold at an average price of $79.26, for a total transaction of $31,704.00. Following the completion of the sale, the director now directly owns 2,000 shares of the company’s stock, valued at approximately $158,520. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other StoneX Group news, CEO Philip Andrew Smith sold 4,000 shares of StoneX Group stock in a transaction on Wednesday, August 7th. The shares were sold at an average price of $75.89, for a total transaction of $303,560.00. Following the transaction, 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 legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director John Moore Fowler sold 400 shares of the stock in a transaction dated Friday, July 12th. The shares were sold at an average price of $79.26, for a total transaction of $31,704.00. Following the completion of the sale, the director now owns 2,000 shares of the company’s stock, valued at approximately $158,520. The disclosure for this sale can be found here. In the last quarter, insiders have sold 12,491 shares of company stock valued at $982,544. 16.24% of the stock is owned by corporate insiders.

StoneX Group Trading Up 2.0 %

NASDAQ SNEX opened at $82.65 on Wednesday. StoneX Group Inc. has a 52 week low of $57.46 and a 52 week high of $84.47. The business has a 50 day moving average price of $79.61 and a 200-day moving average price of $74.33. The company has a quick ratio of 1.20, a current ratio of 1.64 and a debt-to-equity ratio of 1.04. The company has a market cap of $2.62 billion, a price-to-earnings ratio of 11.02 and a beta of 0.76.

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, topping the consensus estimate of $1.78 by $0.13. The firm had revenue of $913.70 million for 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 analysts expect that StoneX Group Inc. will post 7.45 earnings per share for the current fiscal year.

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.