StepStone (NYSE: STEP) CFO adds 64 shares through ESPP purchase
StepStone Group Inc.'s Chief Financial Officer, David Y. Park, acquired 64 shares of Class A Common Stock through the company's Employee Stock Purchase Plan (ESPP) on March 31, 2026. This routine purchase, made at 85% of the Fair Market Value, brings his direct holdings to 50,705 Class A shares. The transaction is characterized as a neutral filing impact and does not represent an open-market trade.
StepStone (NYSE: STEP) Co-COO trust converts 200,000 units into Class A shares
Jose A. Fernandez, Co-Chief Operating Officer of StepStone Group, through a trust, converted 200,000 Class B Units into 200,000 shares of Class A Common Stock on March 31, 2026. This conversion resulted in the automatic redemption and cancellation of 200,000 shares of Class B Common Stock. Following these transactions, the trust and affiliated entities hold various classes of StepStone stock, and Fernandez also holds Class A Common Stock directly.
StepStone Group Closes Structured Solutions Vehicle for Private Market Secondaries
StepStone Group has closed a structured solutions vehicle with $3.1 billion in commitments, primarily to invest in private market secondaries, marking it as the largest of its kind to date. This vehicle offers institutional investors capital-efficient access to StepStone's secondaries platform, with Ares serving as the primary capital provider and Barings Portfolio Finance providing significant rated financing. Citi acted as the structuring and placement agent for the transaction.
Assessing StepStone Group (STEP) Valuation After Recent Share Price Swings
StepStone Group (STEP) has seen recent share price swings, rebounding over the last month but declining over the past three months and year-to-date. Despite being loss-making, the stock trades at a 2.1x Price-to-Sales ratio, which is a discount compared to its industry and peers. However, this is still above Simply Wall St's estimated fair P/S of 0.8x, suggesting potential overvaluation despite the relative discount.
A Look At StepStone Group (STEP) Valuation After New Buyback Plan And Senior Leadership Appointments
StepStone Group (STEP) has announced a new share repurchase plan of up to US$100 million and several senior leadership promotions. Despite a recent share price decline over 90 days, longer-term investors have seen better returns. The article analyzes STEP's valuation, noting its Price-to-Sales multiple of 2.1x appears overvalued compared to a regression-based fair value estimate of 0.8x, despite screening cheaper than industry peers.
Should StepStone’s New US$100 Million Buyback and Partner Promotions Require Action From StepStone Group (STEP) Investors?
StepStone Group (STEP) announced a new US$100 million share buyback program and broad partner promotions in March 2026. Despite these developments, the company faces challenges including recent losses, slower revenue growth forecasts, and a stock price that some analysts consider expensive while others find it inexpensive relative to peers. Investors are advised to look beyond the buyback's modest support and consider significant insider selling, weak profitability, and a dividend not covered by earnings, with one fair value estimate significantly below the current stock price.
StepStone (NYSE: STEP) grants Michael McCabe 7,152 Class A shares
Michael I. McCabe, Director and Head of Strategy at StepStone Group Inc., was granted 7,152 Class A common shares as restricted stock units under the company's 2020 Long Term Incentive Plan. These shares will vest in four equal annual installments starting February 14, 2027, contingent on his continued employment. Following this grant, McCabe directly holds 313,178 Class A shares, with additional holdings in both Class A and Class B stock.
StepStone (STEP) Co-COO Jose Fernandez receives 7,152-share equity award
StepStone Group Inc.'s Co-Chief Operating Officer, Jose A. Fernandez, was granted an equity award of 7,152 Class A shares as part of his compensation. These shares, issued at $0.00 per share under the company's 2020 Long Term Incentive Plan, will vest in four equal annual installments starting in February 2027, contingent on his continued employment. Following this grant, Fernandez directly holds 18,828 Class A shares and has indirect holdings of Class B shares through a trust and Santaluz Capital Partners, LLC.
StepStone Group (STEP) Gets Approval for $100M Buyback Program
StepStone Group (STEP) has approved a $100 million share repurchase program for its Class A common stock, enhancing its capital allocation strategy alongside its regular and supplemental dividends. This move follows Barclays upgrading STEP to Overweight, citing the stock's attractive entry point after a recent selloff and its relatively lower exposure to AI-related threats for its portfolio companies. The firm specializes in private equity and venture capital, offering flexible capital solutions across various sectors.
StepStone (STEP) President Ment awarded 15,525 RSUs, updates Class A and B holdings
StepStone Group Inc.'s President & Co-COO, Jason P. Ment, received an equity award of 15,525 restricted stock units (RSUs) of Class A Common Stock. This grant is part of his compensation, vesting in four equal annual installments from 2027 to 2030, contingent on his continued employment. The filing updates his holdings to 49,680 Class A shares and 1,128,249 Class B shares, reflecting routine equity compensation rather than a market transaction.
StepStone Group (STEP) CFO receives 31,992 Class A shares in equity awards
StepStone Group Inc. CFO David Y. Park reported receiving two equity awards of Class A Common Stock, totaling 31,992 shares, as compensation. These shares were granted at $0.00 per share under the company's 2020 Long Term Incentive Plan and will vest in equal annual installments from February 2027 to February 2030, contingent on his continued employment. Following these awards, Park's direct holdings in Class A Common Stock increased to 50,641 shares.
StepStone (NYSE: STEP) director awarded 7,152 Class A RSU shares
StepStone Group Inc. director Thomas Keck was granted 7,152 Class A Common Stock shares as a compensation-related award under the company’s 2020 Long Term Incentive Plan. These restricted stock units will vest in four equal annual installments from February 2027 to February 2030, contingent on his continued employment. Following this grant, Keck directly holds 21,118 Class A shares, with additional indirect holdings through various trusts and entities.
StepStone Group (STEP) gets approval for $100M buyback program
StepStone Group received board approval for a new $100 million share repurchase program, replacing its previous 2022 authorization. This move indicates the company's confidence in its valuation and commitment to returning value to shareholders.
A Look At StepStone Group (STEP) Valuation After Private Credit Liquidity Jitters And Sector Selloff
StepStone Group (STEP) is under scrutiny following lending restrictions for private credit providers and fund redemption limits, leading to a sector-wide selloff despite recent share price recovery. The company's valuation, at a 2x price-to-sales multiple, appears lower than industry peers but is considered rich by Simply Wall St's fair P/S estimate. Investors are advised to review the facts, assess risk, and consider warning signs given mixed sentiment and a recent net loss.
Did StepStone Group's (STEP) New Buyback and Promotions Just Reframe Its Capital Allocation Narrative?
StepStone Group recently announced a US$100,000,000 stock repurchase program and promoted 30 senior leaders, signaling a focus on capital returns and leadership depth. Despite these moves, the company faces challenges including ongoing losses, insider selling, and a high price-to-sales ratio compared to its estimated fair value of US$9.10 per share. The article questions whether these actions truly reframe StepStone's capital allocation story given its current financial state.
STEP | StepStone Group Inc. Class Financials - Income Statement
This page provides a financial overview of StepStone Group Inc. Class A Common Stock (STEP), focusing on its income statement and other related financial data. It includes sections on insider trading, institutional holdings, analyst ratings, and a "Smart Score" based on various data points like Congress trading and lobbying. The article also provides company information and executive compensation details.
StepStone Group Announces $100 Million Stock Repurchase Program
StepStone Group Inc. has announced that its Board of Directors authorized a stock repurchase program of up to $100 million of the company's Class A common stock. This program, alongside their consistent quarterly and recurring annual supplemental dividends, is part of their capital allocation framework aimed at balancing shareholder returns with financial flexibility. The timing and amount of repurchases will be discretionary, based on market conditions and other considerations.
StepStone Expands Leadership And Backs US$1b Glade Brook Fundraise
StepStone Group (NasdaqGS:STEP) has promoted 11 new partners and expanded senior and managing director roles, indicating deeper internal leadership. Concurrently, the firm acted as a lead investor in Glade Brook's oversubscribed US$1 billion Gondola Fund. These actions highlight StepStone's internal growth, active participation in private market fundraising, and strategic positioning amidst a US$100 million buyback, despite past earnings declines and dividend coverage concerns.
StepStone Group Announces $100 Million Stock Repurchase Program
StepStone Group Inc. (Nasdaq: STEP) has announced a $100 million stock repurchase program authorized by its Board of Directors. The company stated that this program, alongside its consistent quarterly dividend and recurring annual supplemental dividend, is an attractive and opportunistic lever within their capital allocation framework. The timing and amount of repurchases will be determined at management's discretion based on market conditions, capital availability, and other considerations.
StepStone Group Announces $100 Million Stock Repurchase Program
StepStone Group Inc. announced that its Board of Directors authorized a stock repurchase program of up to $100 million of its Class A common stock. This program provides an additional lever to their capital allocation alongside their consistent quarterly dividend and a recurring annual supplemental dividend. The company aims to balance shareholder returns with strategic flexibility, leveraging its capital-efficient business model and significant free cash flow.
StepStone Group Announces $100 Million Stock Repurchase Program
StepStone Group Inc. announced a stock repurchase program of up to $100 million of its Class A common stock, authorized by its Board of Directors. The company plans to use this program, alongside its quarterly and annual supplemental dividends, to manage capital allocation. Repurchases will occur through various means and at the discretion of management, considering market conditions and legal requirements.
$100M buyback plan: StepStone Group adds new use for its cash
StepStone Group (NASDAQ: STEP) announced a stock repurchase program of up to $100 million for its Class A common stock, effective March 9, 2026. This complements its existing dividend strategy, allowing for flexible capital allocation. The program aims to balance recurring quarterly dividends with a supplemental annual dividend, utilizing strong free cash flow.
StepStone Group Inc. Announces $100 Million Stock Repurchase Program
StepStone Group Inc. has announced a stock repurchase program of up to $100 million for its Class A common stock, authorized by its Board of Directors. The company views this as a flexible tool for capital allocation, complementing their consistent quarterly dividends and potential annual supplemental dividends due to their capital-efficient business model and strong free cash flow generation. The timing and amount of repurchases will be discretionary, based on market conditions, capital availability, and other considerations, and the program may be modified or discontinued at any time.
StepStone Group Announces $100 Million Stock Repurchase Program
StepStone Group Inc. has announced that its Board of Directors authorized a stock repurchase program of up to $100 million of the company's Class A common stock. This move is part of the company's capital allocation strategy, aiming to balance recurring dividends with opportunistic share repurchases. The timing and amount of repurchases will be at management's discretion, based on market conditions and other capital allocation alternatives.
Net current asset value per share of StepStone Group, Inc. Class A – BMV:STEP
This page displays information regarding the net current asset value per share for StepStone Group, Inc. Class A, traded on the Mexican Stock Exchange under the ticker BMV:STEP. It provides financial data and indicates that the market is currently closed with no trades.
StepStone Group Announces 2026 Partner and Managing Director Promotions
StepStone Group Inc. (Nasdaq: STEP), a global private markets investment firm, has announced 11 new partners, 1 new senior managing director, and 18 new managing directors for 2026. CEO Scott Hart emphasized that these promotions recognize the dedication and client-focused results of these leaders, contributing to the firm's strong performance and growth. The newly promoted individuals span various teams and locations, strengthening StepStone's expertise across private equity, venture capital, private debt, and other investment areas.
A Look At StepStone Group (STEP) Valuation After Weak U.S. Jobs Report Hits Financial Stocks
StepStone Group (STEP) saw its share price decline following a weak U.S. February jobs report, adding to significant year-to-date losses, despite strong longer-term returns for shareholders. The stock trades at a Price-to-Sales ratio of 2.1x, which is lower than industry and peer averages but considered overvalued compared to its estimated fair P/S ratio of 0.8x, amidst modest revenue growth and net losses. Investors should consider these valuation metrics, the company's financial performance, and wider market sentiment when assessing potential investment in StepStone.
A Look At StepStone Group (STEP) Valuation After Macro-Driven Share Price Volatility
StepStone Group (STEP) has experienced share price volatility due to macro data, including inflation readings and Federal Reserve rate expectations, which have impacted financial and private-market-focused stocks. Despite recent declines, the company's longer-term performance shows a stronger outcome, though recent momentum suggests investors are reassessing risks in private markets. StepStone's current Price-to-Sales ratio of 1.9x is below industry peers but above its estimated fair level, and considering its unprofitability and recent total return decline, a cautious sentiment prevails.
StepStone Group Director Steven R Mitchell Acquires 12,793 Shares
StepStone Group Director Steven R Mitchell purchased 12,793 shares of Class A Common Stock on February 23, 2026, for a total of $565,771. The shares were acquired at various prices ranging from $44.18 to $44.65 per share. Following this transaction, Mitchell directly owns 12,793 shares in the company.
Director of StepStone Group (NYSE: STEP) buys 12,793 shares
StepStone Group Inc. director Mitchell Steven R reported open-market purchases of 12,793 shares of Class A common stock on February 23, 2026. These transactions increased his direct holdings to 12,793 shares. The SEC Form 4 filing details the three separate purchases at prices ranging from $44.18 to $44.65 per share.
StepStone Group (STEP) CFO records 3,480-share tax withholding move
StepStone Group's CFO, David Y. Park, reported a tax-withholding disposition of 3,480 Class A shares on February 14, 2026. These shares, valued at $56.76 each, were withheld by the company to cover tax obligations resulting from the release of 6,640 vested restricted stock units. Following this non-market transaction, Park directly beneficially owned 18,649 Class A shares.
StepStone Group (NYSE: STEP) CAO has 296 shares withheld for taxes
StepStone Group Inc.'s Chief Accounting Officer, Anthony Keathley, had 296 shares of Class A common stock withheld by the company on February 14, 2026, to cover tax withholding obligations. This disposition was tied to the release of 981 vested restricted stock units. After this transaction, Keathley directly holds 1,928 shares of Class A common stock.
StepStone Utmost Tie Up Expands UK Access To Evergreen Private Markets
StepStone Group has partnered with Utmost to broaden UK investors' access to evergreen private markets strategies, aligning with government efforts to expand private market investing. This collaboration allows StepStone to grow its private-wealth distribution outside the US, leveraging Utmost's access to UK clients using insurance-based wealth solutions. While StepStone reported a net loss for previous quarters, this partnership could help diversify its client base and fee sources, indicating a strategic move for its long-term growth despite potential risks like dividend coverage issues.
Analysts Offer Insights on Financial Companies: CNO Financial (CNO), StepStone Group (STEP) and Reinsurance Group (RGA)
This article highlights bullish sentiments from financial analysts regarding CNO Financial (CNO), StepStone Group (STEP), and Reinsurance Group (RGA). Piper Sandler maintained a Buy rating on CNO Financial, BMO Capital on StepStone Group, and J.P. Morgan reiterated a Buy rating on Reinsurance Group, with various price targets and upsides discussed. The analysts involved are highly rated according to TipRanks.
StepStone Group (STEP) Valuation After Earnings Beat And Expanding Private Wealth And Fundraising Momentum
StepStone Group (STEP) has reported strong quarterly results, surpassing market expectations with robust fee-related earnings and significant growth in Private Wealth subscriptions. Despite a recent share price pullback, its longer-term momentum remains strong, prompting an analysis of its current valuation. The company's Price-to-Sales ratio of 2.8x is considered overvalued compared to its fair estimate, though it trades at a discount to its capital markets peers.
Analysts Offer Insights on Financial Companies: CNO Financial (CNO), StepStone Group (STEP) and Reinsurance Group (RGA)
The article highlights positive analyst sentiments for three financial companies: CNO Financial (CNO), StepStone Group (STEP), and Reinsurance Group (RGA). Analysts from Piper Sandler, BMO Capital, and J.P. Morgan, respectively, maintained "Buy" ratings for these firms, citing strong performance and potential upside from current stock levels. The article details the price targets and analyst success rates for each recommendation.
StepStone Group (STEP) Q3 Loss Of US$1.55 EPS Reinforces Profitability Concerns
StepStone Group (STEP) reported a Q3 2026 loss of US$1.55 EPS on US$586.5 million revenue, with a trailing twelve-month loss of US$7.01 EPS. Despite growing assets under management (AUM) to US$132.8 billion, the company continues to experience significant net losses, challenging the notion that increased scale will lead to profitability. The analysis highlights concerns regarding the company's P/S ratio, weak dividend coverage, and ongoing losses, suggesting a fragile risk profile for investors.
Earnings call transcript: StepStone Group Q3 2026 sees adjusted income rise
StepStone Group (STEP) reported a significant increase in adjusted net income for Q3 fiscal year 2026, reaching $80 million or $0.65 per share, up from $53 million year-over-year. Despite a GAAP net loss of $123 million, fee-related earnings grew 20% and fee revenues 26%. The stock, however, dropped 7.5% in aftermarket trading, reflecting broader market concerns, while the company focuses on international expansion, private wealth growth, and managing AI disruption risks.
StepStone Q4 2025 Earnings Beat Estimates, Assets Grow by $34B - News and Statistics
StepStone Group (STEP) reported strong fourth-quarter 2025 results, exceeding revenue and profit expectations with a 103% increase in revenue to $494.5 million and adjusted earnings per share of $0.65. The company's success is attributed to record fundraising, particularly from international markets, and significant growth in its private wealth platform and venture fund. StepStone added over $34 billion in new assets, emphasizing a diversified investment strategy with minimal exposure to software.
StepStone Group Inc. (NASDAQ: STEP) Reports Fiscal Q3 2026 Revenue Beat of 45.6%
StepStone Group Inc. (NASDAQ: STEP) reported strong financial results for its fiscal third quarter ended December 31, 2025, with revenues of $586.5 million, significantly beating analyst estimates by 45.6%. The company also surpassed non-GAAP EPS expectations and declared a quarterly cash dividend of $0.28 per share. Despite the positive earnings, the stock saw a neutral market reaction, following recent declines.
Earnings call transcript: StepStone Group Q3 2026 sees adjusted income rise
StepStone Group Inc. reported a significant increase in Q3 2026 adjusted net income to $80 million, or $0.65 per share, up from $53 million last year, with fee-related earnings rising 20%. Despite these gains, the company recorded a GAAP net loss of $123 million, and its stock fell 7.5% in aftermarket trading. Executives highlighted strong international fundraising, growth in private wealth, and a diversified investment strategy focused on managing AI disruption risks and opportunities.
StepStone Group (STEP) Releases Q3 2026 Earnings: Revenue Soars but EPS Miss and Large Losses
StepStone Group (STEP) reported Q3 2026 earnings with a significant revenue increase of 259.4% year-over-year to $586.5 million, surpassing analyst estimates. Despite this, the company posted large operating and net losses, and diluted earnings per share missed expectations at -$1.55. Insider trading activity showed sales by key executives, while institutional investors had mixed movements in their holdings.
StepStone Group Reports Third Quarter Fiscal Year 2026 Results
StepStone Group Inc. (Nasdaq: STEP) reported its third quarter fiscal year 2026 results for the period ending December 31, 2025. The company declared a quarterly cash dividend of $0.28 per share of Class A common stock, payable on March 13, 2026. Management will host a webcast and conference call on February 5, 2026, to discuss the results further.
StepStone Group Inc. Declares Quarterly Cash Dividend on Class A Common Stock, Payable on March 13, 2026
StepStone Group Inc. announced a quarterly cash dividend of $0.28 per share for its Class A common stock. The dividend will be payable on March 13, 2026, to shareholders of record as of the close of business on February 27, 2026.
StepStone Group Inc. (STEP) reports next week: Wall Street expects earnings growth
StepStone Group Inc. (STEP) is anticipated to report earnings growth in its upcoming financial release. Analysts surveyed by Zacks Investment Research are projecting a 25% increase in year-over-year earnings per share. Revenue for the quarter is also expected to show significant growth, with a forecast of $146.5 million.
StepStone Group Inc. (STEP) Reports Next Week: Wall Street Expects Earnings Growth
StepStone Group Inc. (STEP) is anticipated to report an increase in year-over-year earnings and higher revenues for the quarter ending December 2025. While analysts expect $0.60 EPS on $360.18 million in revenue, a slight downward revision of 0.48% has occurred in the last 30 days. The company's Zacks Earnings ESP of -2.52% combined with a Zacks Rank #2 suggests an uncertain outcome regarding an earnings beat.
StepStone group CEO Hart sells shares worth $725,176 By Investing.com
Scott W. Hart, CEO of StepStone Group Inc. (NASDAQ:STEP), sold 10,000 shares of Class A Common Stock for over $725,000 across two transactions. Following these sales, Hart retains significant direct and indirect holdings in the company. StepStone Group is nearing its earnings report, with analysts expecting profitability this year, despite recent revenue declines noted by Fitch Ratings which downgraded the company's Long-Term Issuer Default Rating.
StepStone group CEO Hart sells shares worth $725,176
StepStone Group Inc. CEO Scott W. Hart sold 10,000 shares of Class A Common Stock for $725,176 on January 26, 2026. These transactions occurred as STEP shares traded near $73.19, reflecting a 16% increase over the past year and appearing slightly undervalued. Following the sale, Hart retains holdings of both Class A and Class B Common Stock, and the company is expected to report earnings soon.
StepStone Group Inc. (NASDAQ:STEP) Receives Consensus Rating of "Moderate Buy" from Brokerages
StepStone Group Inc. (NASDAQ:STEP) has received a consensus "Moderate Buy" rating from nine brokerages, with an average one-year price target of $79.86. Despite recent insider selling totaling $23.34 million, institutional investors have increased their holdings. The company recently beat quarterly earnings estimates, reporting $0.54 EPS and $282.34 million in revenue, a 35.2% year-over-year increase.
Stepstone Group Inc. Announces Appointment of Jennifer Jones as Partner
StepStone Group Inc. has appointed Jennifer Jones as a Partner at StepStone Real Estate. She will be based in San Francisco and will lead the launch of S-Core, a new platform designed to expand StepStone Real Estate's Core/Core+ real estate activities globally. Jones brings nearly two decades of experience from UBS, where she managed over $20 billion in transactions and served as Senior Portfolio Manager for global core-plus vehicles.
