Sawgrass Asset Management LLC Has $255,000 Stock Position in StoneX Group Inc. (NASDAQ:SNEX)

Sawgrass Asset Management LLC increased its position in shares of StoneX Group Inc. (NASDAQ:SNEX) by 44.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,450 shares of the company’s stock after acquiring an additional 1,062 shares during the quarter. Sawgrass Asset Management LLC’s holdings in StoneX Group were worth $255,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Exchange Traded Concepts LLC bought a new position in StoneX Group in the third quarter valued at approximately $29,000. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in StoneX Group by 21.4% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,517 shares of the company’s stock worth $438,000 after buying an additional 797 shares during the last quarter. Punch & Associates Investment Management Inc. increased its holdings in StoneX Group by 5.5% during the third quarter. Punch & Associates Investment Management Inc. now owns 538,621 shares of the company’s stock worth $52,203,000 after buying an additional 28,191 shares during the last quarter. MRP Capital Investments LLC increased its holdings in StoneX Group by 119.3% during the third quarter. MRP Capital Investments LLC now owns 29,819 shares of the company’s stock worth $2,890,000 after buying an additional 16,224 shares during the last quarter. Finally, Millington Financial Advisors LLC increased its holdings in shares of StoneX Group by 3.4% in the third 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. 75.93% of the stock is owned by institutional investors.

StoneX Group Stock Performance

Shares of NASDAQ:SNEX traded up $0.18 on Tuesday, hitting $76.89. The company had a trading volume of 198,015 shares, compared to its average volume of 125,391. StoneX Group Inc. has a 1-year low of $52.93 and a 1-year high of $78.31. The stock has a market cap of $2.43 billion, a price-to-earnings ratio of 10.72 and a beta of 0.86. The stock has a 50 day moving average price of $68.64 and a 200 day moving average price of $67.03. 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 (NASDAQ:SNEX) last released its quarterly earnings results on Tuesday, February 6th. The company reported $2.16 EPS for the quarter, beating 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 the consensus estimate of $781.80 million. Analysts expect that StoneX Group Inc. will post 7.64 EPS for the current year.

Insider Buying and Selling

In related news, CEO Charles M. Lyon sold 15,552 shares of the company’s stock in a transaction dated Tuesday, February 13th. The shares were sold at an average price of $65.11, for a total transaction of $1,012,590.72. Following the completion of the sale, the chief executive officer now owns 61,557 shares of the company’s stock, valued at $4,007,976.27. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In related news, CEO Charles M. Lyon sold 15,552 shares of the company’s stock in a transaction dated Tuesday, February 13th. The shares were sold at an average price of $65.11, for a total transaction of $1,012,590.72. Following the completion of the sale, the chief executive officer now owns 61,557 shares of the company’s stock, valued at $4,007,976.27. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Charles M. Lyon sold 7,858 shares of the company’s stock in a transaction dated Monday, March 11th. The stock was sold at an average price of $68.11, for a total transaction of $535,208.38. Following the sale, the chief executive officer now directly owns 61,557 shares of the company’s stock, valued at approximately $4,192,647.27. The disclosure for this sale can be found here. Insiders sold 58,598 shares of company stock valued at $3,937,444 over the last quarter. 16.24% of the stock is owned by company insiders.

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.