TCG Advisory Services LLC Acquires Shares of 18,750 StoneX Group Inc. (NASDAQ:SNEX)

TCG Advisory Services LLC acquired a new stake in StoneX Group Inc. (NASDAQ:SNEX) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 18,750 shares of the company’s stock, valued at approximately $1,384,000. TCG Advisory Services LLC owned about 0.06% of StoneX Group as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Exchange Traded Concepts LLC acquired a new position in shares of StoneX Group in the 3rd quarter valued at $29,000. Naples Money Management LLC purchased a new stake in StoneX Group during the fourth quarter worth about $30,000. Parkside Financial Bank & Trust increased its stake in StoneX Group by 45.2% in the 4th quarter. Parkside Financial Bank & Trust now owns 601 shares of the company’s stock valued at $44,000 after purchasing an additional 187 shares in the last quarter. Allworth Financial LP raised its stake in shares of StoneX Group by 49.5% during the 4th quarter. Allworth Financial LP now owns 815 shares of the company’s stock worth $60,000 after buying an additional 270 shares during the last quarter. Finally, Covestor Ltd grew its position in shares of StoneX Group by 29.2% in the third quarter. Covestor Ltd now owns 1,975 shares of the company’s stock valued at $191,000 after purchasing an additional 446 shares during the last quarter. 75.93% of the stock is owned by institutional investors and hedge funds.

Insider Activity at StoneX Group

In other StoneX Group news, Director Scott J. Branch sold 7,500 shares of the business’s stock in a transaction 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 completion of the sale, the director now owns 519,934 shares in the company, valued at $33,208,184.58. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other StoneX Group news, CEO Charles M. Lyon sold 15,552 shares of StoneX Group stock in a transaction that occurred on 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 transaction, the chief executive officer now directly owns 61,557 shares in the company, valued at approximately $4,007,976.27. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Scott J. Branch sold 7,500 shares of the stock in a transaction that occurred on Wednesday, February 7th. The stock was sold at an average price of $63.87, for a total transaction of $479,025.00. Following the completion of the sale, the director now directly owns 519,934 shares of the company’s stock, valued at $33,208,184.58. The disclosure for this sale can be found here. Insiders have sold 56,348 shares of company stock valued at $3,769,436 over the last ninety days. Corporate insiders own 16.24% of the company’s stock.

StoneX Group Trading Down 0.0 %

Shares of StoneX Group stock traded down $0.01 during mid-day trading on Friday, hitting $73.93. 80,241 shares of the stock were exchanged, compared to its average volume of 135,751. The stock has a market capitalization of $2.33 billion, a price-to-earnings ratio of 10.31 and a beta of 0.86. 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 twelve month low of $49.62 and a twelve month high of $74.73. The company has a 50-day simple moving average of $68.47 and a 200 day simple moving average of $66.83.

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, beating the consensus estimate of $1.70 by $0.46. The business 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%. Research analysts forecast that StoneX Group Inc. will post 7.64 EPS for the current 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.