Parkside Financial Bank & Trust Acquires 187 Shares of StoneX Group Inc. (NASDAQ:SNEX)

Parkside Financial Bank & Trust boosted its holdings in shares of StoneX Group Inc. (NASDAQ:SNEX) by 45.2% in the 4th quarter, Holdings Channel.com reports. The firm owned 601 shares of the company’s stock after purchasing an additional 187 shares during the quarter. Parkside Financial Bank & Trust’s holdings in StoneX Group were worth $44,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the company. Allworth Financial LP raised its holdings in StoneX Group by 49.5% in the 4th quarter. Allworth Financial LP now owns 815 shares of the company’s stock valued at $60,000 after acquiring an additional 270 shares in the last quarter. Exchange Traded Concepts LLC acquired a new position in StoneX Group in the 3rd quarter valued at approximately $29,000. Rhumbline Advisers raised its holdings in StoneX Group by 0.6% in the 3rd quarter. Rhumbline Advisers now owns 58,605 shares of the company’s stock valued at $5,680,000 after acquiring an additional 378 shares in the last quarter. Naples Money Management LLC acquired a new position in StoneX Group in the 4th quarter valued at approximately $30,000. Finally, Millington Financial Advisors LLC raised its holdings in shares of StoneX Group by 3.4% in the 3rd quarter. Millington Financial Advisors LLC now owns 13,437 shares of the company’s stock worth $1,302,000 after buying an additional 439 shares in the last quarter. Institutional investors and hedge funds own 75.93% of the company’s stock.

Insider Transactions at StoneX Group

In other news, Director Scott J. Branch sold 7,500 shares of the stock in a transaction that occurred on Wednesday, February 7th. The stock was sold at an average price of $63.87, for a total value of $479,025.00. Following the completion of the transaction, the director now directly owns 519,934 shares of the company’s stock, valued at approximately $33,208,184.58. The sale was disclosed in a legal filing with the SEC, which is available at this link. In related news, Director Scott J. Branch sold 7,500 shares of the firm’s stock in a transaction on Wednesday, February 7th. The stock was sold at an average price of $63.87, for a total transaction of $479,025.00. Following the completion of the sale, the director now directly owns 519,934 shares of the company’s stock, valued at approximately $33,208,184.58. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Philip Andrew Smith sold 7,000 shares of the firm’s stock in a transaction on Thursday, March 21st. The shares were sold at an average price of $69.73, for a total value of $488,110.00. Following the sale, the chief executive officer now directly owns 233,898 shares of the company’s stock, valued at $16,309,707.54. The disclosure for this sale can be found here. In the last ninety days, insiders sold 56,348 shares of company stock valued at $3,769,436. Corporate insiders own 16.24% of the company’s stock.

StoneX Group Trading Up 0.8 %

Shares of SNEX opened at $71.55 on Friday. StoneX Group Inc. has a 1 year low of $49.62 and a 1 year high of $74.01. The company has a current ratio of 1.59, a quick ratio of 1.20 and a debt-to-equity ratio of 0.87. The stock has a 50 day simple moving average of $67.85 and a 200-day simple moving average of $66.45. The stock has a market cap of $2.26 billion, a PE ratio of 9.98 and a beta of 0.87.

StoneX Group (NASDAQ:SNEX) last issued its earnings results on Tuesday, February 6th. The company reported $2.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.70 by $0.46. StoneX Group had a return on equity of 17.48% and a net margin of 0.34%. The business had revenue of $784.20 million during the quarter, compared to analysts’ expectations of $781.80 million. On average, sell-side analysts predict that StoneX Group Inc. will post 7.64 EPS for the current fiscal year.

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.