StepStone Group Inc (NASDAQ: STEP) is -9.71% lower on its value in year-to-date trading and has touched a low of $32.46 and a high of $70.38 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The STEP stock was last observed hovering at around $53.79 in the last trading session, with the day’s loss setting it -1.53%.
Currently trading at $52.26, the stock is -11.92% and -13.75% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.84 million and changing -2.84% at the moment leaves the stock -5.84% off its SMA200. STEP registered 57.53% gain for a year compared to 6-month gain of -3.31%.
The stock witnessed a -19.38% loss in the last 1 month and extending the period to 3 months gives it a -16.85%, and is -13.13% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.84% over the week and 4.48% over the month.
StepStone Group Inc (STEP) has around 990 employees, a market worth around $6.06B and $1.16B in sales. Fwd P/E is 24.88. Profit margin for the company is -11.23%. Distance from 52-week low is 60.99% and -25.75% from its 52-week high. The company has generated returns on investments over the last 12 months (-26.75%).
with sales reaching $226.24M over the same period.The EPS is expected to grow by 51.51% this year, but quarterly earnings will post 33.60% year-over-year. Quarterly sales are estimated to grow 27.56% in year-over-year returns.
StepStone Group Inc (STEP) Top Institutional Holders
The shares outstanding are 75.84M, and float is at 65.35M with Short Float at 3.36%.
The top institutional shareholder in the company is BLACKROCK INC. with over 7.95 million shares valued at $365.05 million. The investor’s holdings represent 12.5297% of the STEP Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 6.33 million shares valued at $290.4 million to account for 9.9672 of the shares outstanding. The other top investors are WELLINGTON MANAGEMENT GROUP LLP which holds 5.72 million shares representing 9.008% and valued at over $262.45 million, while FMR LLC holds 6.0769 of the shares totaling 3.86 million with a market value of $177.05 million.
StepStone Group Inc (STEP) Insider Activity
The most recent transaction is an insider sale by Hart Scott W, the company’s Chief Executive Officer. SEC filings show that Hart Scott W sold 10,000 shares of the company’s common stock on Feb 20 ’25 at a price of $61.43 per share for a total of $0.61 million. Following the sale, the insider now owns 0.11 million shares.
StepStone Group Inc disclosed in a document filed with the SEC on Feb 19 ’25 that Keathley Anthony (Chief Accounting Officer) sold a total of 538 shares of the company’s common stock. The trade occurred on Feb 19 ’25 and was made at $63.00 per share for $33894.0. Following the transaction, the insider now directly holds 1386.0 shares of the STEP stock.
Still, SEC filings show that on Feb 20 ’25, HART FAMILY TRUST U/T/A DTD 10 (Director) Proposed Sale 30,000 shares at an average price of $63.07 for $1.89 million. The insider now directly holds shares of StepStone Group Inc (STEP).
