Woodmont Investment Counsel LLC Increases Stock Position in StoneX Group Inc. (NASDAQ:SNEX)

Woodmont Investment Counsel LLC lifted its position in shares of StoneX Group Inc. (NASDAQ:SNEX) by 3.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 129,474 shares of the company’s stock after acquiring an additional 4,300 shares during the quarter. Woodmont Investment Counsel LLC’s holdings in StoneX Group were worth $9,097,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Naples Money Management LLC purchased a new stake in shares of StoneX Group during the fourth quarter worth about $30,000. FinTrust Capital Advisors LLC raised its holdings in shares of StoneX Group by 50.0% during the fourth quarter. FinTrust Capital Advisors LLC now owns 450 shares of the company’s stock valued at $33,000 after acquiring an additional 150 shares during the last quarter. Parkside Financial Bank & Trust lifted its position in shares of StoneX Group by 45.2% in the fourth quarter. Parkside Financial Bank & Trust now owns 601 shares of the company’s stock valued at $44,000 after acquiring an additional 187 shares in the last quarter. Allworth Financial LP boosted its stake in shares of StoneX Group by 49.5% in the fourth quarter. Allworth Financial LP now owns 815 shares of the company’s stock worth $60,000 after acquiring an additional 270 shares during the last quarter. Finally, Quadrant Capital Group LLC increased its position in shares of StoneX Group by 107.2% during the fourth quarter. Quadrant Capital Group LLC now owns 953 shares of the company’s stock worth $70,000 after purchasing an additional 493 shares in the last quarter. Hedge funds and other institutional investors own 75.93% of the company’s stock.

StoneX Group Price Performance

SNEX stock traded up $1.72 during midday trading on Tuesday, reaching $76.70. The stock had a trading volume of 47,483 shares, compared to its average volume of 129,136. StoneX Group Inc. has a 52-week low of $53.89 and a 52-week high of $80.00. The company has a current ratio of 1.61, a quick ratio of 1.20 and a debt-to-equity ratio of 1.52. The company’s fifty day simple moving average is $73.77 and its 200 day simple moving average is $69.95. The company has a market cap of $2.43 billion, a price-to-earnings ratio of 10.00 and a beta of 0.77.

StoneX Group (NASDAQ:SNEX) last released its quarterly earnings data on Wednesday, May 8th. The company reported $1.66 EPS for the quarter, beating analysts’ consensus estimates of $1.61 by $0.05. The company had revenue of $818.20 million during the quarter, compared to the consensus estimate of $788.30 million. StoneX Group had a net margin of 0.33% and a return on equity of 17.29%. As a group, sell-side analysts predict that StoneX Group Inc. will post 7.4 earnings per share for the current fiscal year.

Insider Buying and Selling

In other StoneX Group news, CEO Charles M. Lyon sold 4,016 shares of the company’s stock in a transaction on Monday, May 20th. The stock was sold at an average price of $74.02, for a total value of $297,264.32. Following the completion of the sale, the chief executive officer now directly owns 61,557 shares in the company, valued at approximately $4,556,449.14. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. In related news, COO Xuong Nguyen sold 6,909 shares of the company’s stock in a transaction that occurred on Thursday, May 9th. The stock was sold at an average price of $80.00, for a total value of $552,720.00. Following the transaction, the chief operating officer now directly owns 80,816 shares in the company, valued at $6,465,280. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Charles M. Lyon sold 4,016 shares of the firm’s stock in a transaction on Monday, May 20th. The stock was sold at an average price of $74.02, for a total value of $297,264.32. Following the sale, the chief executive officer now directly owns 61,557 shares of the company’s stock, valued at approximately $4,556,449.14. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 45,868 shares of company stock worth $3,448,851. 16.24% of the stock is owned by corporate 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.