Making a noteworthy insider sell on June 12, Steven R Mitchell, Board Member at StepStone Group (NASDAQ:STEP), is reported in the latest SEC filing.
What Happened: Mitchell's recent Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday unveiled the sale of 27,500 shares of StepStone Group. The total transaction value is $1,219,350.
The latest update on Thursday morning shows StepStone Group shares down by 1.13%, trading at $44.68.
Unveiling the Story Behind StepStone Group
StepStone Group Inc operates as a fully integrated private markets solution provider. The company provides customized investment solutions and advisory and data services. It provides investment solutions in the areas of private equity, real estate, private debt, and infrastructure and real assets. The company consists of a single operating segment and a single reportable segment for accounting and financial reporting purposes.
A Deep Dive into StepStone Group's Financials
Positive Revenue Trend: Examining StepStone Group's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 107.0% as of 31 March, 2024, showcasing a substantial increase in top-line earnings. As compared to competitors, the company surpassed expectations ...