StepStone Group Pick of the Week at Smart Insider Following $5 Million Executive Share Purchase

MT Newswires Live

06/16

StepStone Group (STEP) was Smart Insider's stock pick of the week after Head of Strategy Michael McCabe bought $5 million in shares at $41.85 apiece on June 11, increasing his holding by 28%.

McCabe's latest purchase reversed a $12.7 million share sale made in December 2025, narrowly avoiding a short-swing profit rule violation, Smart Insider said in a Tuesday note.

The firm said McCabe previously bought $1.7 million of stock at $21.47 per share in May 2023 and $2.2 million at $23.31 per share the following month, according to Smart Insider.

Smart Insider said it is "encouraging" to see McCabe return to buying with a "sizeable purchase" at a price about 80% above previous acquisitions.

The firm previously ranked the stock +N, or notable & positive signal, in February 2026 following a "rare" purchase by non-executive Steven Mitchell, according to the note.

Smart Insider ranked StepStone Group +1, indicating a strong positive signal.

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positive signal, in February 2026 following a \"rare\" purchase by non-executive Steven Mitchell, according to the note.</p><p>Smart Insider ranked StepStone Group +1, indicating a strong positive signal.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"STEP","symbol_name":"StepStone Group Inc.","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2643049757","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2643049757","pubTimestamp":1781615053,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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