Millington Financial Advisors LLC Purchases 6,875 Shares of StoneX Group Inc. (NASDAQ:SNEX)

Millington Financial Advisors LLC increased its position in StoneX Group Inc. (NASDAQ:SNEX) by 51.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,312 shares of the company’s stock after purchasing an additional 6,875 shares during the period. StoneX Group makes up 1.2% of Millington Financial Advisors LLC’s investment portfolio, making the stock its 24th largest holding. Millington Financial Advisors LLC owned about 0.06% of StoneX Group worth $1,500,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Exchange Traded Concepts LLC bought a new position in StoneX Group during the 3rd quarter valued at $29,000. Naples Money Management LLC bought a new position in StoneX Group during the 4th quarter valued at $30,000. Parkside Financial Bank & Trust lifted its stake in StoneX Group by 45.2% during the 4th quarter. Parkside Financial Bank & Trust now owns 601 shares of the company’s stock valued at $44,000 after acquiring an additional 187 shares in the last quarter. Allworth Financial LP increased its position in shares of StoneX Group by 49.5% during the 4th quarter. Allworth Financial LP now owns 815 shares of the company’s stock valued at $60,000 after purchasing an additional 270 shares during the last quarter. Finally, Covestor Ltd increased its position in shares of StoneX Group by 29.2% during the 3rd quarter. Covestor Ltd now owns 1,975 shares of the company’s stock valued at $191,000 after purchasing an additional 446 shares during the last quarter. 75.93% of the stock is currently owned by institutional investors.

Insider Activity

In other news, CEO Charles M. Lyon sold 15,552 shares of StoneX Group stock in a transaction dated Tuesday, February 13th. The stock was sold at an average price of $65.11, for a total transaction of $1,012,590.72. Following the completion of the sale, the chief executive officer now owns 61,557 shares in the company, valued at approximately $4,007,976.27. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. In related news, Director Scott J. Branch sold 7,500 shares of the business’s stock in a transaction that occurred on Wednesday, February 7th. The stock was sold at an average price of $63.87, for a total value of $479,025.00. Following the completion of the sale, the director now owns 519,934 shares in the company, valued at approximately $33,208,184.58. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Charles M. Lyon sold 15,552 shares of the business’s stock in a transaction that occurred on Tuesday, February 13th. The stock was sold at an average price of $65.11, for a total value of $1,012,590.72. Following the completion of the sale, the chief executive officer now owns 61,557 shares of the company’s stock, valued at approximately $4,007,976.27. The disclosure for this sale can be found here. In the last 90 days, insiders sold 56,348 shares of company stock worth $3,769,436. 16.24% of the stock is currently owned by insiders.

StoneX Group Stock Performance

SNEX traded up $1.92 during trading hours on Tuesday, hitting $69.56. The stock had a trading volume of 167,660 shares, compared to its average volume of 124,008. The company’s fifty day simple moving average is $67.60 and its 200 day simple moving average is $66.34. StoneX Group Inc. has a 1 year low of $49.62 and a 1 year high of $74.01. The stock has a market cap of $2.19 billion, a PE ratio of 9.70 and a beta of 0.87. The company has a quick ratio of 1.20, a current ratio of 1.59 and a debt-to-equity ratio of 0.87.

StoneX Group (NASDAQ:SNEX) last posted its earnings results on Tuesday, February 6th. The company reported $2.16 earnings per share for the quarter, beating analysts’ consensus estimates of $1.70 by $0.46. The business had revenue of $784.20 million during the quarter, compared to analyst estimates of $781.80 million. StoneX Group had a return on equity of 17.48% and a net margin of 0.34%. Equities analysts anticipate that StoneX Group Inc. will post 7.64 earnings per share for the current 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.