Stepstone Group's 15min Chart Expects Bollinger Bands Expansion, KDJ Golden Cross Triggered

Friday, Sep 12, 2025 9:35 am ET1min read

Based on the 15-minute chart for Stepstone Group, the Bollinger Bands are expanding upward, indicating an upward trend in the market. Furthermore, the KDJ Golden Cross occurred on September 11, 2025 at 16:00, suggesting that the momentum of the stock price is shifting towards the upside. As a result, there is potential for further price increases in the near future.

StepStone Group Inc. (NASDAQ: STEP) has been in the spotlight recently due to a series of financial developments and technical indicators that suggest potential for future price increases. The company announced an increase in its quarterly dividend to $0.28 per share, reflecting a commitment to returning value to shareholders with a yield of 1.8% Millennium Management LLC Grows Position in StepStone Group Inc. $STEP[1]. Despite a significant 95.4% increase in revenue year-over-year, StepStone Group missed earnings estimates by $0.02, reporting $0.40 EPS for the quarter.

Millennium Management LLC boosted its stake in shares of StepStone Group by 269.8% during the first quarter, according to its most recent Form 13F filing with the SEC Millennium Management LLC Grows Position in StepStone Group Inc. $STEP[1]. This significant investment by an institutional investor adds to the bullish sentiment surrounding the stock.

Technical indicators also suggest an upward trend in the market for StepStone Group. The Bollinger Bands on the 15-minute chart are expanding upward, indicating an upward trend in the market. Additionally, the KDJ Golden Cross occurred on September 11, 2025 at 16:00, suggesting that the momentum of the stock price is shifting towards the upside . These technical indicators provide further evidence that there is potential for further price increases in the near future.

Several other institutional investors and hedge funds have also recently bought and sold shares of STEP. Northern Trust Corp lifted its position in StepStone Group by 8.5% during the fourth quarter, Ameriprise Financial Inc. by 353.2%, and BNP Paribas Financial Markets purchased a new position valued at about $558,000 Millennium Management LLC Grows Position in StepStone Group Inc. $STEP[1]. This increased institutional interest in StepStone Group further supports the bullish outlook.

Analysts have provided mixed ratings for StepStone Group. Goldman Sachs Group boosted their price objective to $63.00, while Zacks Research downgraded the stock from a "strong-buy" rating to a "hold" rating Millennium Management LLC Grows Position in StepStone Group Inc. $STEP[1]. Despite the mixed analyst ratings, the consensus price target is $64.00, indicating a neutral to slightly bullish sentiment.

In conclusion, StepStone Group Inc. presents an interesting investment opportunity with a combination of strong financial performance, increased institutional investment, and favorable technical indicators. Investors should closely monitor the company's earnings reports and technical charts to make informed decisions.

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