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

AltraVue Capital LLC reduced its stake in shares of StoneX Group Inc. (NASDAQ:SNEX) by 0.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 924,624 shares of the company’s stock after selling 5,460 shares during the quarter. StoneX Group accounts for 6.9% of AltraVue Capital LLC’s portfolio, making the stock its 5th largest position. AltraVue Capital LLC owned about 2.92% of StoneX Group worth $69,633,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently bought and sold shares of the stock. FinTrust Capital Advisors LLC grew its position in shares of StoneX Group by 50.0% during the 4th quarter. FinTrust Capital Advisors LLC now owns 450 shares of the company’s stock worth $33,000 after buying an additional 150 shares during the period. Quest Partners LLC boosted its position in StoneX Group by 9,133.3% during 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 acquired a new position in StoneX Group during the 2nd quarter worth approximately $68,000. Quadrant Capital Group LLC boosted its position in StoneX Group by 107.2% during the 4th quarter. Quadrant Capital Group LLC now owns 953 shares of the company’s stock worth $70,000 after acquiring an additional 493 shares during the last quarter. Finally, C M Bidwell & Associates Ltd. boosted its position in StoneX Group by 49.7% during 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. 75.93% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at StoneX Group

In other news, Director John Moore Fowler sold 400 shares of the company’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 sale, the director now owns 2,000 shares in the company, valued at approximately $158,520. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. In related news, Director John Moore Fowler sold 400 shares of the 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 sale, the director now owns 2,000 shares in the company, valued at approximately $158,520. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Xuong Nguyen sold 8,091 shares of the 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 completion of the sale, the insider now owns 60,816 shares in the company, valued at approximately $4,865,280. The disclosure for this sale can be found here. Insiders have sold a total of 12,491 shares of company stock worth $982,544 in the last 90 days. Corporate insiders own 16.24% of the company’s stock.

StoneX Group Trading Down 0.4 %

NASDAQ:SNEX opened at $82.28 on Thursday. StoneX Group Inc. has a twelve month low of $57.46 and a twelve month high of $84.52. 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 business has a 50 day moving average price of $79.73 and a two-hundred day moving average price of $74.39. The company has a market cap of $2.61 billion, a P/E ratio of 10.97 and a beta of 0.76.

StoneX Group (NASDAQ:SNEX) last announced its quarterly earnings data on Tuesday, August 6th. The company reported $1.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.78 by $0.13. StoneX Group had a return on equity of 15.89% and a net margin of 0.27%. The company had revenue of $913.70 million for the quarter, compared to analysts’ expectations of $817.80 million. As a group, analysts expect that StoneX Group Inc. will post 7.45 EPS 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.