American Century Companies Inc. Grows Holdings in StoneX Group Inc. (NASDAQ:SNEX)

American Century Companies Inc. grew its stake in StoneX Group Inc. (NASDAQ:SNEX) by 80.3% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 808,768 shares of the company’s stock after acquiring an additional 360,164 shares during the period. American Century Companies Inc. owned about 2.55% of StoneX Group worth $60,908,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. FinTrust Capital Advisors LLC increased its stake in 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 increased its position in shares of 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 purchasing an additional 548 shares during the last quarter. nVerses Capital LLC purchased a new stake in shares of StoneX Group in the 2nd quarter valued at approximately $68,000. Quadrant Capital Group LLC increased its position in shares of StoneX Group by 107.2% in the 4th quarter. Quadrant Capital Group LLC now owns 953 shares of the company’s stock valued at $70,000 after purchasing an additional 493 shares during the last quarter. Finally, C M Bidwell & Associates Ltd. increased its position in shares of StoneX Group by 49.7% in the 4th quarter. C M Bidwell & Associates Ltd. now owns 1,066 shares of the company’s stock valued at $79,000 after purchasing an additional 354 shares during the last quarter. 75.93% of the stock is owned by hedge funds and other institutional investors.

StoneX Group Trading Up 2.6 %

Shares of NASDAQ:SNEX opened at $80.21 on Monday. StoneX Group Inc. has a 52 week low of $57.46 and a 52 week high of $84.40. The company’s 50 day moving average is $79.32 and its two-hundred day moving average is $74.16. The company has a current ratio of 1.64, a quick ratio of 1.20 and a debt-to-equity ratio of 1.04. The company has a market cap of $2.54 billion, a PE ratio of 10.69 and a beta of 0.76.

StoneX Group (NASDAQ:SNEX) last issued its 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 net margin of 0.27% and a return on equity of 15.89%. The business had revenue of $913.70 million during the quarter, compared to analysts’ expectations of $817.80 million. Equities analysts predict that StoneX Group Inc. will post 7.45 earnings per share for the current fiscal year.

Insider Buying and Selling

In other StoneX Group news, Director John Moore Fowler sold 400 shares of the company’s stock in a transaction on 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 transaction, the director now owns 2,000 shares in the company, valued at approximately $158,520. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In other StoneX Group news, insider Xuong Nguyen sold 8,091 shares of the firm’s stock in a transaction dated Monday, July 15th. The shares were sold at an average price of $80.00, for a total transaction of $647,280.00. Following the sale, the insider now directly owns 60,816 shares of the company’s stock, valued at approximately $4,865,280. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director John Moore Fowler sold 400 shares of the firm’s stock in a transaction dated 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 directly 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 worth $982,544 in the last 90 days. Company insiders own 16.24% of the company’s stock.

StoneX Group Company 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.