Millington Financial Advisors LLC Makes New $1.29 Million Investment in StoneX Group Inc. (NASDAQ:SNEX)

Financial Advisors


Millington Financial Advisors LLC purchased a new position in the stock of StoneX Group Inc. (NASDAQ:SNEX – Get Rating) in the fourth quarter, according to its latest Form 13F filed with the SEC. The fund purchased 13,542 shares of the company stock valued at approximately $1,291,000. StoneX Group is the 22nd largest shareholder with approximately 1.3% of Millington Financial Advisors LLC’s portfolio. Millington Financial Advisors LLC owned his 0.07% stake in StoneX Group at the end of the most recent quarter.

Many other institutional investors have also increased or decreased their stakes in SNEX recently. BlackRock Inc. increased his position in StoneX Group stock by 0.4% in the first quarter. BlackRock Inc. now owns 2,811,710 shares of the company worth $28,713,000 after he purchased an additional 11,780 shares during this period. Vanguard Group Inc. increased its StoneX Group stock position by 1.2% in the third quarter. Vanguard Group Inc. now owns 1,155,670 shares worth $95,852,000 after purchasing an additional 14,158 shares during this period. Dimensional Fund Advisors LP increased its stock position in StoneX Group by 0.7% in the first quarter. Dimensional Fund Advisors LP now owns 836,325 shares of the company worth $62,082,000 after purchasing an additional 5,548 shares during this period. State Street Corp increased its position in StoneX Group stock by 0.9% in the third quarter. State Street Corp now owns 636,961 shares worth $52,830,000 after purchasing an additional 5,376 shares during this period. Finally, Private Capital Management LLC increased its StoneX Group stock position by 2.2% in the second quarter. Private Capital Management LLC now owns 435,424 shares of the Company stock valued at $33,994,000 after purchasing an additional 9,200 shares during this period. 75.53% of the shares are owned by institutional investors.

Insider trading at StoneX Group

In other StoneX Group news, CAO Aaron Schroeder sold 1,395 shares in the company in a deal on Wednesday, March 8th. The shares sold for an average of $104.91, and the total transaction value he had was $146,349.45. Following the closing of the sale, the Chief Accounting Officer now owns 14,484 shares of the company’s stock valued at approximately $1,519,516.44. The sale is disclosed in documents filed with the Securities and Exchange Commission, which can be accessed on his website at the SEC. In related news, CEO Philip Andrew Smith sold 3,000 shares of his stock in a deal on Wednesday, March 1. The shares sold for an average of $101.98, and the total transaction value he had was $305,940.00. Following the closing of the transaction, the CEO now owns 160,696 of his shares valued at $16,387,778.08. The transaction was disclosed in documents filed with the SEC and available at this link. CAO Aaron Schroeder also sold his 1,395 shares in a deal on Wednesday, March 8. The shares sold for an average of $104.91, and the total transaction value he had was $146,349.45. After the transaction, the Chief Accounting Officer now owns 14,484 shares in the company, valued at approximately $1,519,516.44. Please see here for the disclosure of this sale. In the past 90 days, the insider has sold 5,124 shares of his company stock worth $526,435. 15.65% of the shares are owned by corporate insiders.

StoneX Group stock up 6.3%

StoneX Group shares climbed $5.22 in Friday trading to reach $87.73. His 50,763 shares in the company traded, with an average trading volume of 115,608 shares. The company has a debt to equity ratio of 0.70, a current ratio of 1.52 and a quick ratio of 1.12. StoneX Group Inc. has a one-year low of $68.94 and a one-year high of $106.35. The company has a 50-day moving average price of $99.16 and a 200-day moving average price of $96.38. The company has a market capitalization of $1.81 billion, a PE ratio of 7.63 and a beta of 0.92.

StoneX Group (NASDAQ:SNEX – Get Rating) announced its final financial results on Tuesday, February 7th. The company reported his earnings per share (EPS) of $2.58 for the quarter, $0.45 above analyst consensus expectations of $2.13. StoneX Group’s net profit margin was 0.34% and return on equity was 18.43%. The company posted revenue of $654.8 million for the quarter, compared to consensus expectations of $551.4 million. As a group, an equity research analyst expects StoneX Group Inc. to post his 9.54 earnings per share this year.

Company Profile of StoneX Group

(get rating)

StoneX Group, Inc is engaged in the provision of brokerage and financial services. It operates through the Commercial Hedging, Global Settlements, Securities, Cash Products, Clearing and Execution Services segments. The Commercial Hedging segment provides risk management consulting services.

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Want to know which other hedge funds hold SNEX? Visit HoldingsChannel.com to get the latest 13F filings and insider trading for StoneX Group Inc. (NASDAQ:SNEX – Get Rating).

Quarterly institutional ownership of StoneX Group (NASDAQ:SNEX)

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