International Assets Investment Management LLC Has $2.01 Million Stock Holdings in StoneX Group Inc. (NASDAQ:SNEX)

International Assets Investment Management LLC raised its holdings in shares of StoneX Group Inc. (NASDAQ:SNEX - Free Report) by 8,088.0% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 24,564 shares of the company's stock after purchasing an additional 24,264 shares during the quarter. International Assets Investment Management LLC owned approximately 0.08% of StoneX Group worth $2,011,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Quest Partners LLC grew its holdings in StoneX Group by 9,133.3% in the 2nd quarter. Quest Partners LLC now owns 554 shares of the company's stock valued at $42,000 after buying an additional 548 shares in the last quarter. nVerses Capital LLC bought a new stake in StoneX Group in the 2nd quarter valued at about $68,000. Daiwa Securities Group Inc. bought a new position in shares of StoneX Group during the first quarter worth approximately $120,000. Evergreen Capital Management LLC bought a new stake in shares of StoneX Group in the second quarter valued at approximately $201,000. Finally, Sawgrass Asset Management LLC bought a new position in StoneX Group during the 2nd quarter worth $211,000. 75.93% of the stock is owned by institutional investors.

Insider Buying and Selling

In other StoneX Group news, CEO Philip Andrew Smith sold 4,000 shares of the company's stock in a transaction on Wednesday, August 7th. The stock was sold at an average price of $75.89, for a total transaction of $303,560.00. Following the completion of the sale, the chief executive officer now directly owns 221,898 shares in the company, valued at $16,839,839.22. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 16.24% of the stock is currently owned by company insiders.

StoneX Group Price Performance

NASDAQ SNEX traded up $0.61 during midday trading on Monday, hitting $91.36. The company had a trading volume of 84,687 shares, compared to its average volume of 129,184. The company has a market capitalization of $2.90 billion, a PE ratio of 12.67 and a beta of 0.75. StoneX Group Inc. has a twelve month low of $59.07 and a twelve month high of $92.60. The company has a current ratio of 1.64, a quick ratio of 1.20 and a debt-to-equity ratio of 1.04. The firm has a 50-day moving average price of $83.74 and a 200-day moving average price of $78.62.

StoneX Group (NASDAQ:SNEX - Get Free Report) last posted its quarterly earnings data on Tuesday, August 6th. The company reported $1.91 earnings per share for the quarter, topping the consensus estimate of $1.78 by $0.13. StoneX Group had a net margin of 0.27% and a return on equity of 15.89%. The business had revenue of $913.70 million during the quarter, compared to analysts' expectations of $817.80 million. As a group, analysts anticipate that StoneX Group Inc. will post 7.75 earnings per share for the current fiscal 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.