Three Seasons Wealth LLC Makes New Investment in StoneX Group Inc. $SNEX

Three Seasons Wealth LLC purchased a new position in shares of StoneX Group Inc. (NASDAQ:SNEX) during the 3rd quarter, Holdings Channel reports. The institutional investor purchased 5,576 shares of the company’s stock, valued at approximately $563,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of SNEX. Bank of Montreal Can raised its holdings in StoneX Group by 1.5% in the 2nd quarter. Bank of Montreal Can now owns 8,640 shares of the company’s stock worth $787,000 after purchasing an additional 128 shares during the period. PNC Financial Services Group Inc. increased its position in StoneX Group by 1.3% in the second quarter. PNC Financial Services Group Inc. now owns 11,047 shares of the company’s stock worth $1,007,000 after buying an additional 137 shares in the last quarter. Amalgamated Bank increased its position in StoneX Group by 1.2% in the second quarter. Amalgamated Bank now owns 12,329 shares of the company’s stock worth $1,124,000 after buying an additional 150 shares in the last quarter. MRP Capital Investments LLC raised its stake in shares of StoneX Group by 0.6% in the second quarter. MRP Capital Investments LLC now owns 25,530 shares of the company’s stock worth $2,327,000 after buying an additional 155 shares during the period. Finally, SummerHaven Investment Management LLC lifted its position in shares of StoneX Group by 1.1% during the 2nd quarter. SummerHaven Investment Management LLC now owns 15,624 shares of the company’s stock valued at $1,424,000 after buying an additional 177 shares in the last quarter. 75.93% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. Weiss Ratings reissued a “hold (c+)” rating on shares of StoneX Group in a report on Monday, December 22nd. Zacks Research cut shares of StoneX Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 6th. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Insider Buying and Selling at StoneX Group

In related news, Chairman John Radziwill purchased 1,000 shares of the firm’s stock in a transaction on Tuesday, December 16th. The shares were acquired at an average price of $97.25 per share, for a total transaction of $97,250.00. Following the purchase, the chairman directly owned 101,596 shares in the company, valued at $9,880,211. This trade represents a 0.99% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director John Moore Fowler sold 1,125 shares of the stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $91.20, for a total transaction of $102,600.00. Following the transaction, the director directly owned 114,769 shares of the company’s stock, valued at $10,466,932.80. This trade represents a 0.97% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 6,979 shares of company stock worth $659,070. Insiders own 11.70% of the company’s stock.

StoneX Group Stock Up 2.2%

NASDAQ SNEX opened at $100.19 on Monday. StoneX Group Inc. has a 12 month low of $63.64 and a 12 month high of $106.98. The company has a current ratio of 1.72, a quick ratio of 1.35 and a debt-to-equity ratio of 1.56. The stock has a market cap of $5.23 billion, a PE ratio of 17.00 and a beta of 0.44. The stock’s 50 day moving average is $92.69 and its 200 day moving average is $94.17.

StoneX Group (NASDAQ:SNEX) last released its quarterly earnings data on Monday, November 24th. The company reported $1.57 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.58 by ($0.01). StoneX Group had a net margin of 0.23% and a return on equity of 15.27%. The company had revenue of $1.32 billion for the quarter, compared to the consensus estimate of $1.04 billion. During the same quarter in the previous year, the business earned $2.32 EPS. Research analysts predict that StoneX Group Inc. will post 8.7 EPS for the current fiscal year.

About StoneX Group

StoneX Group Inc (NASDAQ: SNEX) is a global financial services firm offering execution, risk management, advisory and post-trade solutions across commodities, currencies, securities and digital assets. The company serves commercial businesses, institutional clients and financial intermediaries, providing market access and tailored services designed to help clients manage price risk, optimize working capital and execute complex transactions.

StoneX operates through several core segments.