StepStone Group Inc. $STEP reported first-quarter 2027 revenue of $378.9 million, topping Wall Street expectations of about $315.5 million. Revenue rose 4.01% from a year earlier, showing continued top-line growth.
The company posted a wider loss in the quarter, with operating profit at -$204.8 million and net income attributable to common shareholders at -$115.8 million. Diluted earnings per share came in at -$1.41, reflecting the weaker bottom-line performance despite higher revenue.
- Revenue: $378.9 million, up 4.01% year over year
- Operating profit: -$204.8 million
- Net income: -$115.8 million
- Diluted EPS: -$1.41
Cash flow also weakened sharply, with operating cash flow at -$457.5 million. The balance sheet showed $213.1 million in cash and cash equivalents, while total liabilities stood at $6.5 billion.
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
StepStone Group Inc. Insider Trading Activity
StepStone Group Inc. insiders have traded $STEP stock on the open market 12 times in the past 6 months. Of those trades, 5 have been purchases and 7 have been sales.
Here’s a breakdown of recent trading of $STEP stock by insiders over the last 6 months:
- JOSE A FERNANDEZ (Co-Chief Operating Officer) has made 0 purchases and 7 sales selling 202,290 shares for an estimated $9,611,779.
- MICHAEL I MCCABE (Head of Strategy) has made 2 purchases buying 120,000 shares for an estimated $5,022,072 and 0 sales.
- STEVEN R MITCHELL has made 3 purchases buying 12,793 shares for an estimated $565,771 and 0 sales.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
StepStone Group Inc. Hedge Fund Activity
We have seen 151 institutional investors add shares of StepStone Group Inc. stock to their portfolio, and 125 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- MILLENNIUM MANAGEMENT LLC added 2,717,274 shares (+61.0%) to their portfolio in Q1 2026, for an estimated $129,668,315
- ADAGE CAPITAL PARTNERS GP, L.L.C. added 1,323,243 shares (+inf%) to their portfolio in Q1 2026, for an estimated $63,145,155
- ALLIANCEBERNSTEIN L.P. removed 1,090,486 shares (-93.0%) from their portfolio in Q1 2026, for an estimated $52,037,991
- WELLINGTON MANAGEMENT GROUP LLP removed 987,680 shares (-15.9%) from their portfolio in Q1 2026, for an estimated $47,132,089
- SAMLYN CAPITAL, LLC added 895,445 shares (+inf%) to their portfolio in Q1 2026, for an estimated $42,730,635
- JUNTO CAPITAL MANAGEMENT LP added 855,722 shares (+inf%) to their portfolio in Q1 2026, for an estimated $40,835,053
- BALYASNY ASSET MANAGEMENT L.P. added 808,652 shares (+131.0%) to their portfolio in Q1 2026, for an estimated $38,588,873
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
StepStone Group Inc. Price Targets
Multiple analysts have issued price targets for $STEP recently. We have seen 5 analysts offer price targets for $STEP in the last 6 months, with a median target of $60.0.
Here are some recent targets:
- Benjamin Budish from Barclays set a target price of $60.0 on 07/09/2026
- Brennan Hawken from BMO Capital set a target price of $62.0 on 05/21/2026
- Chris Kotowski from Oppenheimer set a target price of $85.0 on 05/21/2026
- John Dunn from Evercore ISI Group set a target price of $60.0 on 05/21/2026
- Michael Brown from UBS set a target price of $60.0 on 04/02/2026
