Naples Money Management LLC Invests $30,000 in StoneX Group Inc. (NASDAQ:SNEX)

Naples Money Management LLC bought a new stake in shares of StoneX Group Inc. (NASDAQ:SNEX) during the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 405 shares of the company’s stock, valued at approximately $30,000.

A number of other large investors also recently modified their holdings of SNEX. Cornerstone Investment Partners LLC boosted its stake in StoneX Group by 50.0% in the 4th quarter. Cornerstone Investment Partners LLC now owns 7,128 shares of the company’s stock worth $526,000 after purchasing an additional 2,376 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of StoneX Group by 12.3% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,073 shares of the company’s stock worth $375,000 after acquiring an additional 556 shares during the last quarter. Everence Capital Management Inc. boosted its position in shares of StoneX Group by 50.0% during the fourth quarter. Everence Capital Management Inc. now owns 3,615 shares of the company’s stock worth $267,000 after acquiring an additional 1,205 shares during the last quarter. Cornercap Investment Counsel Inc. increased its holdings in StoneX Group by 53.6% in the 4th quarter. Cornercap Investment Counsel Inc. now owns 7,964 shares of the company’s stock valued at $588,000 after acquiring an additional 2,779 shares during the last quarter. Finally, Strs Ohio lifted its stake in StoneX Group by 50.0% in the 4th quarter. Strs Ohio now owns 6,300 shares of the company’s stock worth $465,000 after purchasing an additional 2,100 shares in the last quarter. Hedge funds and other institutional investors own 75.93% of the company’s stock.

Insider Activity at StoneX Group

In other StoneX Group news, CEO Philip Andrew Smith sold 7,000 shares of the stock in a transaction on Thursday, March 21st. The shares were sold at an average price of $69.73, for a total transaction of $488,110.00. Following the completion of the transaction, the chief executive officer now owns 233,898 shares in the company, valued at $16,309,707.54. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other StoneX Group news, CEO Philip Andrew Smith sold 7,000 shares of the company’s stock in a transaction that occurred on Thursday, March 21st. The stock was sold at an average price of $69.73, for a total transaction of $488,110.00. Following the sale, the chief executive officer now directly owns 233,898 shares in the company, valued at $16,309,707.54. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Charles M. Lyon sold 15,552 shares of StoneX Group stock in a transaction that occurred on Tuesday, February 13th. The stock was sold at an average price of $65.11, for a total value of $1,012,590.72. Following the completion of the transaction, the chief executive officer now owns 61,557 shares of the company’s stock, valued at approximately $4,007,976.27. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 56,348 shares of company stock valued at $3,769,436. 16.24% of the stock is owned by corporate insiders.

StoneX Group Trading Up 3.1 %

Shares of StoneX Group stock opened at $66.83 on Friday. StoneX Group Inc. has a twelve month low of $49.62 and a twelve month high of $74.01. The company has a quick ratio of 1.20, a current ratio of 1.59 and a debt-to-equity ratio of 0.87. The business has a 50-day moving average price of $67.51 and a 200-day moving average price of $66.21. The firm has a market cap of $2.11 billion, a price-to-earnings ratio of 9.32 and a beta of 0.87.

StoneX Group (NASDAQ:SNEX) last released its quarterly earnings results on Tuesday, February 6th. The company reported $2.16 earnings per share for the quarter, beating the consensus estimate of $1.70 by $0.46. The business had revenue of $784.20 million during the quarter, compared to analysts’ expectations of $781.80 million. StoneX Group had a return on equity of 17.48% and a net margin of 0.34%. Equities research analysts anticipate that StoneX Group Inc. will post 7.64 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.