Millington Financial Advisors LLC Acquires 331 Shares of StoneX Group Inc. (NASDAQ:SNEX)

Millington Financial Advisors LLC boosted its holdings in shares of StoneX Group Inc. (NASDAQ:SNEX) by 1.5% in the 2nd quarter, Holdings Channel.com reports. The firm owned 21,860 shares of the company’s stock after purchasing an additional 331 shares during the quarter. StoneX Group makes up about 1.1% of Millington Financial Advisors LLC’s portfolio, making the stock its 27th largest position. Millington Financial Advisors LLC’s holdings in StoneX Group were worth $1,646,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Dynamic Technology Lab Private Ltd acquired a new position in shares of StoneX Group during the fourth quarter worth approximately $464,000. Susquehanna Fundamental Investments LLC acquired a new position in StoneX Group during the 1st quarter valued at $1,052,000. Cove Street Capital LLC raised its stake in StoneX Group by 42.9% during the 4th quarter. Cove Street Capital LLC now owns 97,845 shares of the company’s stock valued at $7,224,000 after purchasing an additional 29,366 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in StoneX Group by 53.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,406,553 shares of the company’s stock valued at $103,845,000 after purchasing an additional 489,359 shares during the period. Finally, Vanguard Group Inc. grew its position in StoneX Group by 53.1% in the 4th quarter. Vanguard Group Inc. now owns 1,875,853 shares of the company’s stock worth $138,494,000 after purchasing an additional 650,911 shares during the last quarter. Institutional investors and hedge funds own 75.93% of the company’s stock.

Insider Activity

In other StoneX Group news, COO Xuong Nguyen sold 19,988 shares of the company’s stock in a transaction on Friday, June 7th. The stock was sold at an average price of $75.04, for a total value of $1,499,899.52. Following the sale, the chief operating officer now directly owns 60,816 shares in the company, valued at $4,563,632.64. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, Director John Moore Fowler sold 400 shares of the business’s stock in a transaction that occurred on Friday, July 12th. The stock was sold at an average price of $79.26, for a total value of $31,704.00. Following the transaction, the director now directly owns 2,000 shares of the company’s stock, valued at approximately $158,520. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO Xuong Nguyen sold 19,988 shares of StoneX Group stock in a transaction on Friday, June 7th. The shares were sold at an average price of $75.04, for a total value of $1,499,899.52. Following the completion of the transaction, the chief operating officer now owns 60,816 shares of the company’s stock, valued at approximately $4,563,632.64. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 39,563 shares of company stock worth $2,988,793. Company insiders own 16.24% of the company’s stock.

StoneX Group Stock Performance

SNEX stock traded up $1.34 during trading on Friday, reaching $82.86. 99,030 shares of the stock were exchanged, compared to its average volume of 130,889. The stock has a 50 day simple moving average of $78.48 and a 200-day simple moving average of $73.23. 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 has a market capitalization of $2.63 billion, a P/E ratio of 11.05 and a beta of 0.77. StoneX Group Inc. has a twelve month low of $57.46 and a twelve month high of $84.40.

StoneX Group (NASDAQ:SNEX) last posted its quarterly earnings results on Tuesday, August 6th. The company reported $1.91 earnings per share for the quarter, topping analysts’ consensus estimates of $1.78 by $0.13. StoneX Group had a net margin of 0.33% and a return on equity of 17.29%. The firm had revenue of $913.70 million for the quarter, compared to the consensus estimate of $817.80 million. As a group, sell-side analysts anticipate that StoneX Group Inc. will post 7.25 earnings per share for the current year.

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.