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

Point72 Asia Singapore Pte. Ltd. lowered its position in StoneX Group Inc. (NASDAQ:SNEX) by 51.3% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 874 shares of the company’s stock after selling 921 shares during the period. Point72 Asia Singapore Pte. Ltd.’s holdings in StoneX Group were worth $66,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of SNEX. Vanguard Group Inc. grew its holdings in shares of StoneX Group by 53.1% in the fourth quarter. Vanguard Group Inc. now owns 1,875,853 shares of the company’s stock worth $138,494,000 after acquiring an additional 650,911 shares during the period. American Century Companies Inc. grew 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 valued at $60,908,000 after purchasing an additional 360,164 shares during the period. Private Capital Management LLC grew its holdings in StoneX Group by 50.9% during the fourth quarter. Private Capital Management LLC now owns 555,572 shares of the company’s stock valued at $41,018,000 after purchasing an additional 187,349 shares during the period. Harbor Capital Advisors Inc. grew its holdings in StoneX Group by 273.4% during the second 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 during the period. Finally, Wellington Management Group LLP grew its holdings in StoneX Group by 44.3% during the fourth 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 during the period. Institutional investors own 75.93% of the company’s stock.

StoneX Group Stock Performance

NASDAQ:SNEX opened at $83.34 on Friday. The stock has a 50-day simple moving average of $80.22 and a two-hundred day simple moving average of $75.61. StoneX Group Inc. has a 52-week low of $57.46 and a 52-week high of $84.92. 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 firm has a market capitalization of $2.64 billion, a PE ratio of 11.11 and a beta of 0.76.

StoneX Group (NASDAQ:SNEX) last released its quarterly earnings results on Tuesday, August 6th. The company reported $1.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.78 by $0.13. StoneX Group had a return on equity of 15.89% and a net margin of 0.27%. The business had revenue of $913.70 million during the quarter, compared to analyst estimates of $817.80 million. Analysts forecast that StoneX Group Inc. will post 7.45 EPS for the current year.

Insider Activity

In other news, CEO Philip Andrew Smith sold 4,000 shares of the business’s stock in a transaction dated 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 directly owns 221,898 shares in the company, valued at $16,839,839.22. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other news, Director John Moore Fowler sold 400 shares of the business’s stock in a transaction dated Friday, July 12th. The stock was sold at an average price of $79.26, for a total value of $31,704.00. Following the transaction, the director now directly owns 2,000 shares in the company, valued at $158,520. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Philip Andrew Smith sold 4,000 shares of the business’s stock in a transaction dated Wednesday, August 7th. The shares were 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 $16,839,839.22. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 12,491 shares of company stock worth $982,544 over the last ninety days. Corporate insiders own 16.24% of the company’s stock.

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.