18,676 Shares in StoneX Group Inc. $SNEX Purchased by Milestone Asset Management LLC

Milestone Asset Management LLC acquired a new stake in shares of StoneX Group Inc. (NASDAQ:SNEX) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 18,676 shares of the company’s stock, valued at approximately $1,885,000.

Other institutional investors have also bought and sold shares of the company. American Century Companies Inc. boosted its holdings in shares of StoneX Group by 19.8% during the 2nd quarter. American Century Companies Inc. now owns 2,352,849 shares of the company’s stock worth $214,439,000 after purchasing an additional 389,132 shares during the last quarter. State Street Corp increased its holdings in shares of StoneX Group by 0.5% in the second quarter. State Street Corp now owns 1,755,298 shares of the company’s stock valued at $159,978,000 after purchasing an additional 8,350 shares during the last quarter. Geode Capital Management LLC lifted its position in StoneX Group by 0.5% during the second quarter. Geode Capital Management LLC now owns 1,093,388 shares of the company’s stock worth $99,663,000 after buying an additional 5,054 shares in the last quarter. Ameriprise Financial Inc. lifted its position in StoneX Group by 82.8% during the first quarter. Ameriprise Financial Inc. now owns 914,212 shares of the company’s stock worth $69,828,000 after buying an additional 414,204 shares in the last quarter. Finally, Punch & Associates Investment Management Inc. grew its holdings in StoneX Group by 8.7% in the 1st quarter. Punch & Associates Investment Management Inc. now owns 843,524 shares of the company’s stock valued at $64,428,000 after buying an additional 67,747 shares in the last quarter. 75.93% of the stock is owned by hedge funds and other institutional investors.

StoneX Group Stock Performance

Shares of StoneX Group stock opened at $98.08 on Thursday. The firm has a market cap of $5.12 billion, a PE ratio of 16.64 and a beta of 0.44. The company has a quick ratio of 1.35, a current ratio of 1.72 and a debt-to-equity ratio of 1.56. StoneX Group Inc. has a 52 week low of $63.64 and a 52 week high of $106.98. The business’s fifty day simple moving average is $92.74 and its 200-day simple moving average is $93.91.

StoneX Group (NASDAQ:SNEX) last issued its quarterly earnings data on Monday, November 24th. The company reported $1.57 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.58 by ($0.01). StoneX Group had a net margin of 0.23% and a return on equity of 15.27%. The company had revenue of $1.32 billion during the quarter, compared to analysts’ expectations of $1.04 billion. During the same quarter last year, the firm posted $2.32 earnings per share. Equities analysts forecast that StoneX Group Inc. will post 8.7 earnings per share for the current year.

Wall Street Analysts Forecast Growth

SNEX has been the subject of a number of recent research reports. Zacks Research downgraded StoneX Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 6th. Weiss Ratings reissued a “hold (c+)” rating on shares of StoneX Group in a report on Monday. One equities research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold”.

Insider Buying and Selling at StoneX Group

In other news, insider Diego Rotsztain sold 2,029 shares of the business’s stock in a transaction that occurred on Friday, December 19th. The shares were sold at an average price of $94.50, for a total value of $191,740.50. Following the sale, the insider directly owned 15,498 shares of the company’s stock, valued at approximately $1,464,561. The trade was a 11.58% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director John Moore Fowler sold 1,125 shares of the stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $91.20, for a total transaction of $102,600.00. Following the transaction, the director directly owned 114,769 shares of the company’s stock, valued at $10,466,932.80. The trade was a 0.97% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 6,979 shares of company stock worth $659,070 over the last three months. Insiders own 11.70% of the company’s stock.

StoneX Group Company Profile

StoneX Group Inc (NASDAQ: SNEX) is a global financial services firm offering execution, risk management, advisory and post-trade solutions across commodities, currencies, securities and digital assets. The company serves commercial businesses, institutional clients and financial intermediaries, providing market access and tailored services designed to help clients manage price risk, optimize working capital and execute complex transactions.

StoneX operates through several core segments.