Driehaus Capital Management Adds $51M in StoneX Group Inc. ($SNEX)
Driehaus Capital Management increased its holdings in StoneX Group Inc. by 78%, according to a recent SEC filing.
Key Points
- Driehaus Capital Management added 377,697 shares of StoneX Group Inc., increasing its holdings by 78% to 861,530 shares valued at $112.6 million.
- StoneX Group Inc. trades on NasdaqGS under the ticker SNEX, with a market cap of $10.36 billion and a P/E ratio of 23.4.
- Insider trades include CIO Abigail Perkins buying and selling shares on June 8, 2026, and CEO Philip Andrew Smith selling shares on May 22, 2026.
Driehaus Capital Management recently increased its stake in StoneX Group Inc. (NasdaqGS: SNEX) by 78%. According to its latest filing with the SEC, the firm added 377,697 shares during the reporting period, bringing its total holdings to 861,530 shares. These shares are valued at approximately $112.6 million.
What Changed in Driehaus Capital Management's StoneX Group Inc. Position
Driehaus Capital Management's latest move saw its holdings in StoneX Group Inc. grow from 483,833 shares to 861,530 shares. This addition of 377,697 shares marks a 78% increase in its position, reflecting a strong commitment to the financial services company. The reported value of this position stands at about $112.6 million.
Other Institutional Activity in StoneX Group Inc.
Several other institutional investors also made notable moves in StoneX Group Inc. BlackRock, Inc. increased its holdings by 4,019,296 shares, ending with 11,012,451 shares valued at approximately $888.2 million. Vanguard Portfolio Management LLC added 3,740,986 shares, bringing its total to 3,740,986 shares worth about $301.7 million. Price T Rowe Associates Inc /MD/ boosted its stake by 620,530 shares to hold 3,471,998 shares valued at $280 million. American Century Companies Inc. increased its position by 1,358,349 shares, resulting in 3,398,475 shares worth around $274.1 million. State Street Corp added 952,304 shares, ending with 2,782,201 shares valued at $224.4 million.
StoneX Group Inc. Stock Snapshot
Shares of StoneX Group Inc. (NasdaqGS: SNEX) traded near $130.69. The company boasts a market cap of $10.36 billion with a P/E ratio of 23.4 and a forward P/E of 19.7. StoneX's stock has a 52-week range between $53.53 and $132.82, with a 50-day moving average of $108.78 and a 200-day moving average of $78.69. The company maintains a current ratio of 1.06 and a quick ratio of 1.04, with a debt-to-equity ratio of 815.82.
Recent Earnings
StoneX Group Inc. reported revenue of $150.54 billion with a growth rate of 23.8%. The company's earnings per share (EPS) was $5.59, with a net margin of 0.31% and a return on equity (ROE) of 20.2%. The next earnings report is scheduled for August 4, 2026.
Insider Buying and Selling at StoneX Group Inc.
Insider activity at StoneX Group Inc. included several transactions. On June 8, 2026, Chief Information Officer Abigail Perkins bought 4,312 shares at an average price of $18.39 and sold the same number of shares at $118.51 under a planned sale. CEO Philip Andrew Smith sold 8,535 shares at $112.72 on May 22, 2026, as part of a planned transaction. Additionally, Mark Lowry Maurer sold 11,398 shares at $112.25, and Chief Governance/Legal Officer Diego Rotsztain sold 13,696 shares at $112.79, also on May 22, 2026.
Analysts Set New Price Targets
On February 2, 2026, Jefferies maintained its "buy" rating on StoneX Group Inc., setting a price target of $122. The consensus among analysts is a "strong buy" with an average target price of $123 based on one analyst opinion.
About StoneX Group Inc.
StoneX Group Inc. is a financial services company headquartered in New York, NY. It operates globally, connecting traders, investors, and organizations to various market ecosystems. The company serves through its Commercial, Institutional, Self-Directed/Retail, and Payments segments, offering services like risk management, hedging, and asset management. Led by CEO Philip Andrew Smith, StoneX employs around 5,307 people and has a history dating back to 1924.
Bottom Line
Driehaus Capital Management's significant increase in its StoneX Group Inc. holdings signals a strong interest in the company. Investors often monitor such filings to gauge institutional sentiment, though it's important to remember that these filings reflect past actions and may not represent current positions. StoneX's diverse operations and recent financial performance make it a focal point for both analysts and investors.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.
