Mutual of America Capital Management LLC Acquires 1,561 Shares of StoneX Group Inc. (NASDAQ:SNEX)

Mutual of America Capital Management LLC grew its holdings in StoneX Group Inc. (NASDAQ:SNEX) by 49.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 4,695 shares of the company’s stock after purchasing an additional 1,561 shares during the quarter. Mutual of America Capital Management LLC’s holdings in StoneX Group were worth $347,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the business. Allworth Financial LP boosted its stake in shares of 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 purchasing an additional 270 shares during the last quarter. Exchange Traded Concepts LLC bought a new position in shares of StoneX Group in the 3rd quarter valued at about $29,000. Rhumbline Advisers boosted its stake in shares of 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 purchasing an additional 378 shares during the last quarter. Millington Financial Advisors LLC boosted its stake 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 valued at $1,302,000 after purchasing an additional 439 shares during the last quarter. Finally, Mariner LLC boosted its stake in shares of StoneX Group by 0.8% in the 3rd quarter. Mariner LLC now owns 53,551 shares of the company’s stock valued at $5,190,000 after purchasing an additional 443 shares during the last quarter. Institutional investors own 75.93% of the company’s stock.

StoneX Group Stock Up 2.8 %

Shares of NASDAQ SNEX opened at $69.56 on Wednesday. The firm has a market capitalization of $2.19 billion, a PE ratio of 9.70 and a beta of 0.87. The company has a current ratio of 1.59, a quick ratio of 1.20 and a debt-to-equity ratio of 0.87. StoneX Group Inc. has a 1 year low of $49.62 and a 1 year high of $74.01. The firm’s 50-day moving average is $67.60 and its 200-day moving average is $66.34.

StoneX Group (NASDAQ:SNEX) last released its quarterly earnings data on Tuesday, February 6th. The company reported $2.16 earnings per share for the quarter, topping the consensus estimate of $1.70 by $0.46. StoneX Group had a net margin of 0.34% and a return on equity of 17.48%. The business had revenue of $784.20 million for the quarter, compared to analyst estimates of $781.80 million. Equities analysts expect that StoneX Group Inc. will post 7.64 EPS for the current year.

Insider Buying and Selling

In related news, Director Scott J. Branch sold 7,500 shares of StoneX Group stock in a transaction that occurred on Wednesday, February 7th. The shares were sold at an average price of $63.87, for a total transaction of $479,025.00. Following the transaction, the director now 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 can be accessed through this hyperlink. In related news, Director Scott J. Branch sold 7,500 shares of StoneX Group stock in a transaction that occurred on Wednesday, February 7th. The shares were sold at an average price of $63.87, for a total transaction of $479,025.00. Following the transaction, the director now 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 can be accessed through this hyperlink. 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 transaction of $1,012,590.72. Following the transaction, the chief executive officer now directly owns 61,557 shares in the company, valued at approximately $4,007,976.27. The disclosure for this sale can be found here. Insiders have sold 56,348 shares of company stock valued at $3,769,436 in the last 90 days. 16.24% of the stock is owned by insiders.

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.