Teacher Retirement System of Texas Grows Stake in StoneX Group Inc. (NASDAQ:SNEX)

Teacher Retirement System of Texas boosted its holdings in StoneX Group Inc. (NASDAQ:SNEXGet Rating) by 212.3% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 9,430 shares of the company’s stock after buying an additional 6,410 shares during the period. Teacher Retirement System of Texas’ holdings in StoneX Group were worth $899,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in SNEX. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in shares of StoneX Group by 132.9% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,313 shares of the company’s stock worth $192,000 after purchasing an additional 1,320 shares during the last quarter. Raymond James Financial Services Advisors Inc. acquired a new position in shares of StoneX Group in the 1st quarter worth approximately $208,000. PDT Partners LLC acquired a new position in StoneX Group during the third quarter worth $214,000. Raymond James & Associates bought a new stake in StoneX Group in the fourth quarter valued at about $220,000. Finally, Walleye Capital LLC acquired a new position in StoneX Group in the second quarter valued at approximately $227,000. 75.53% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, CEO Philip Andrew Smith sold 3,500 shares of the company’s stock in a transaction dated Monday, May 22nd. The shares were sold at an average price of $84.77, for a total value of $296,695.00. Following the transaction, the chief executive officer now owns 157,196 shares in the company, valued at approximately $13,325,504.92. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other news, insider Glenn Henry Stevens acquired 3,000 shares of the business’s stock in a transaction on Tuesday, May 9th. The stock was bought at an average price of $84.18 per share, for a total transaction of $252,540.00. Following the transaction, the insider now owns 52,201 shares in the company, valued at $4,394,280.18. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Philip Andrew Smith sold 3,500 shares of the firm’s stock in a transaction dated Monday, May 22nd. The shares were sold at an average price of $84.77, for a total value of $296,695.00. Following the completion of the transaction, the chief executive officer now directly owns 157,196 shares in the company, valued at $13,325,504.92. The disclosure for this sale can be found here. 15.65% of the stock is currently owned by insiders.

StoneX Group Stock Performance

NASDAQ SNEX opened at $87.75 on Monday. The firm has a 50-day moving average of $91.40 and a 200-day moving average of $94.72. The stock has a market cap of $1.82 billion, a PE ratio of 8.41 and a beta of 0.92. StoneX Group Inc. has a 52-week low of $71.24 and a 52-week high of $106.35. The company has a debt-to-equity ratio of 0.89, a quick ratio of 1.10 and a current ratio of 1.49.

About StoneX Group

(Get Rating)

StoneX Group, Inc engages in the provision of brokerage and financial services. It operates through the following segments: Commercial Hedging, Global Payments, Securities, Physical Commodities, and Clearing and Execution Services. The Commercial Hedging segment offers risk management consulting services.

Further Reading

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Institutional Ownership by Quarter for StoneX Group (NASDAQ:SNEX)

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