TCG Advisory Services LLC Makes New $1.38 Million Investment in StoneX Group Inc. (NASDAQ:SNEX)

TCG Advisory Services LLC bought a new stake in shares of StoneX Group Inc. (NASDAQ:SNEX) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund bought 18,750 shares of the company’s stock, valued at approximately $1,384,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Assenagon Asset Management S.A. raised its position in StoneX Group by 102.9% in the 4th quarter. Assenagon Asset Management S.A. now owns 220,725 shares of the company’s stock valued at $16,296,000 after buying an additional 111,948 shares during the last quarter. Van Berkom & Associates Inc. grew its holdings in StoneX Group by 9.6% in the 3rd quarter. Van Berkom & Associates Inc. now owns 1,002,622 shares of the company’s stock valued at $97,174,000 after buying an additional 87,538 shares in the last quarter. Motley Fool Wealth Management LLC increased its position in StoneX Group by 63.8% during the fourth quarter. Motley Fool Wealth Management LLC now owns 167,415 shares of the company’s stock worth $12,324,000 after acquiring an additional 65,178 shares during the period. Brandywine Global Investment Management LLC bought a new position in shares of StoneX Group during the third quarter worth approximately $6,134,000. Finally, Motley Fool Asset Management LLC raised its holdings in StoneX Group by 56.4% in the 4th quarter. Motley Fool Asset Management LLC now owns 134,181 shares of the company’s stock valued at $9,907,000 after acquiring an additional 48,385 shares in the last quarter. Institutional investors own 75.93% of the company’s stock.

Insider Buying and Selling at StoneX Group

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

StoneX Group Price Performance

NASDAQ:SNEX traded down $0.01 during mid-day trading on Friday, reaching $73.93. The stock had a trading volume of 80,241 shares, compared to its average volume of 135,751. The stock has a 50-day simple moving average of $68.47 and a two-hundred day simple moving average of $66.83. The stock has a market capitalization of $2.33 billion, a PE ratio of 10.31 and a beta of 0.86. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.59 and a quick ratio of 1.20. StoneX Group Inc. has a 12 month low of $49.62 and a 12 month high of $74.73.

StoneX Group (NASDAQ:SNEX) last announced its quarterly earnings results on Tuesday, February 6th. The company reported $2.16 EPS for the quarter, beating analysts’ consensus estimates of $1.70 by $0.46. The firm had revenue of $784.20 million for the quarter, compared to analyst estimates of $781.80 million. StoneX Group had a return on equity of 17.48% and a net margin of 0.34%. On average, equities analysts anticipate that StoneX Group Inc. will post 7.64 earnings per share for the current year.

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.