STEP
StepStone Group Inc. · Financials · Asset Management
Last
$43.15
−$3.83 (−8.15%) 4:00 PM ET
Prev close $46.98
Open $46.12
Day high $46.13
Day low $42.77
Volume 2,993,378
Avg vol 1,360,550
Mkt cap
$3.46B
P/E ratio
-6.25
FY Revenue
$1.78B
EPS
-6.90
Gross Margin
100.00%
Sector
Financials
AI report sections
STEP
StepStone Group Inc.
No AI report section text found yet for this symbol.
Volume vs average
Intraday (cumulative)
+75% (Above avg)
Vol/Avg: 1.75×
RSI
26.91 (Oversold)
Oversold (<30)
MACD momentum
Intraday
+0.00 (Strong)
MACD: 0.09 Signal: 0.09
Short-Term
-1.33 (Weak)
MACD: -5.81 Signal: -4.48
Long-Term
-1.83 (Weak)
MACD: -5.42 Signal: -3.59
Intraday trend score 37.00

Latest news

STEP 12 articles Positive: 4 Neutral: 2 Negative: 0
Positive GlobeNewswire Inc. • Unknown
StepStone Group partners with Utmost

StepStone Group has partnered with Utmost to provide UK-based clients access to StepStone's private markets investment strategies including Private Equity, Venture Capital, Private Credit, and Private Infrastructure. The partnership supports portfolio diversification and aligns with government initiatives encouraging unlisted equity investment. StepStone has tripled its private wealth AUM in the past 15 months.

STEP private markets partnership wealth management private equity venture capital private credit private infrastructure
Sentiment note

The company is expanding its private wealth business through a strategic partnership, has tripled AUM in 15 months, and is experiencing strong global demand for its evergreen funds and investment solutions.

Neutral The Motley Fool • Jonathan Ponciano
What a $3 Million Bet on Chime Financial Stock Signals About the Fintech's Post-IPO Outlook

StepStone Group initiated a $3 million position in Chime Financial during Q3, representing 1.4% of its reportable assets. The investment comes as Chime shows promising growth, with 29% revenue increase, 21% active member growth, and improving profitability metrics.

CHYM STEP fintech mobile banking institutional investment IPO financial technology
Sentiment note

Initiated a modest position representing only 1.4% of reportable assets, suggesting cautious but interested approach to Chime Financial

Positive The Motley Fool • Jonathan Ponciano
Why a $21 Million Bet on a Stock Up 200% Signals Confidence in Defense Spending

StepStone Group invested $21.1 million in Karman Holdings, a defense and aerospace systems provider, signaling strong confidence in defense sector spending and the company's growth potential.

KRMN STEP defense spending aerospace investment mission-critical systems backlog
Sentiment note

Demonstrated strategic investment in a defense sector company with proven growth and stable government contract-driven revenue

Positive The Motley Fool • Jonathan Ponciano
Why a $127 Million StubHub Bet Now Dominates This Fund's Portfolio Despite a 40% Post-IPO Drop

StepStone Group disclosed a significant $127.3 million investment in StubHub, representing 59.9% of its reportable U.S. equity assets, despite the stock's 40% decline since its IPO. The investment suggests confidence in StubHub's business model and future potential.

STUB STEP StubHub secondary ticketing investment IPO ticket sales
Sentiment note

Demonstrated high conviction by making StubHub its largest portfolio holding, indicating strong belief in the company's long-term potential

Positive GlobeNewswire Inc. • N/A
StepStone Announces Pricing of Secondary Offering

StepStone Group Inc. announced the pricing of an underwritten offering of 4,099,997 shares of its Class A common stock at $50.00 per share. The company intends to use the net proceeds to purchase shares from certain holders and pay cash upon exchange of certain units, resulting in no dilution to existing stockholders.

STEP StepStone Group Inc. underwritten offering Class A common stock
Sentiment note

The company is raising capital through an underwritten offering, which suggests it has growth plans and is confident in its future prospects. The fact that the offering will not dilute existing stockholders is also a positive sign.

Neutral Benzinga • Benzinga Insights, Benzinga Staff Writer
Unveiling 5 Analyst Insights On StepStone Group - Benzinga

The article provides insights from 5 analysts on StepStone Group, including their 12-month price targets, ratings, and analysis of the company's financial performance.

STEP StepStone Group analyst insights price targets ratings financial performance
Sentiment note

The article presents a mix of bullish and bearish perspectives from analysts, with an average 12-month price target of $45.2, indicating a potential upside but also highlighting challenges in the company's profitability and asset utilization.

Unknown Zacks Investment Research • Ethan Feller
Momentum Alert: 3 Top Ranked Stocks Leading the Market (APP, STEP, VST)

AppLovin, StepStone Group and Vistra all boast strong momentum, top Zacks Ranks and reasonable valuations

APP VST STEP CAVA
Unknown Zacks Investment Research • Zacks Equity Research
Synchrony (SYF) Boosts Financing Options With Atlanticus

Synchrony (SYF) expands its partnership with Atlanticus in a bid to attract a large customer base and enhance customer experience.

SYF ATLC AX STEP
Unknown Zacks Investment Research • Zacks Equity Research
AIG Optimizes Portfolio With Sale of Travel Insurance Business

AIG's definitive agreement to sell its global personal travel insurance business to Zurich is expected to free up capital.

AIG VIRT AX STEP
Unknown GlobeNewswire Inc. • StepStone Group Inc
StepStone Real Estate Named Investment Consultancy of the Year By IPE Real Estate for Third Consecutive Year

NEW YORK, June 26, 2024 (GLOBE NEWSWIRE) -- StepStone Real Estate (SRE), the real estate arm of private markets investment firm StepStone Group (Nasdaq: STEP), announced today that it was the recipient of the 2024 IPE Real Estate Global Awards’ Investment Consultancy of the Year. In April, SRE was also voted the Global Indirect Firm of the Year by the readers of Private Equity Real Estate (PERE).

STEP Contests/Awards
Unknown Zacks Investment Research • Zacks Equity Research
Synchrony (SYF), LG Electronics to Enhance ESS Financing Options

Synchrony (SYF) expands its partnership with LG Electronics to provide financing options for the purchase of Home 8 Energy Systems.

SYF VIRT AX STEP
Unknown Zacks Investment Research • Zacks Equity Research
StepStone Group Inc. (STEP) Just Flashed Golden Cross Signal: Do You Buy?

Is it a good or bad thing when a stock surpasses resistance at the 20-day simple moving average?

STEP
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