Cynosure Group LLC lowered its stake in shares of StoneX Group Inc. (NASDAQ:SNEX - Free Report) by 58.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,400 shares of the company's stock after selling 6,122 shares during the quarter. Cynosure Group LLC's holdings in StoneX Group were worth $360,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its holdings in StoneX Group by 1.8% in the first quarter. Vanguard Group Inc. now owns 1,909,965 shares of the company's stock worth $134,194,000 after purchasing an additional 34,112 shares during the last quarter. CANADA LIFE ASSURANCE Co grew its stake in StoneX Group by 9.4% during the 1st quarter. CANADA LIFE ASSURANCE Co now owns 23,524 shares of the company's stock worth $1,646,000 after buying an additional 2,012 shares during the last quarter. Price T Rowe Associates Inc. MD increased its position in StoneX Group by 0.3% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 450,770 shares of the company's stock valued at $31,672,000 after buying an additional 1,508 shares in the last quarter. Janus Henderson Group PLC raised its stake in StoneX Group by 341.9% in the first quarter. Janus Henderson Group PLC now owns 63,791 shares of the company's stock valued at $4,480,000 after buying an additional 49,355 shares during the last quarter. Finally, Harbor Capital Advisors Inc. boosted its holdings in StoneX Group by 273.4% in the second quarter. Harbor Capital Advisors Inc. now owns 125,319 shares of the company's stock worth $9,438,000 after acquiring an additional 91,757 shares in the last quarter. Hedge funds and other institutional investors own 75.93% of the company's stock.
Insiders Place Their Bets
In other StoneX Group news, CEO Sean Michael Oconnor sold 37,500 shares of the firm's stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $98.42, for a total transaction of $3,690,750.00. Following the completion of the transaction, the chief executive officer now directly owns 506,994 shares of the company's stock, valued at approximately $49,898,349.48. This trade represents a 6.89 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director John Moore Fowler sold 1,800 shares of the company's stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $100.14, for a total transaction of $180,252.00. Following the completion of the sale, the director now directly owns 81,375 shares in the company, valued at $8,148,892.50. This trade represents a 2.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 16.24% of the stock is owned by insiders.
StoneX Group Stock Down 0.4 %
Shares of SNEX stock traded down $0.42 during trading hours on Friday, reaching $103.76. 85,137 shares of the company's stock were exchanged, compared to its average volume of 134,430. StoneX Group Inc. has a 1 year low of $60.38 and a 1 year high of $106.77. The company has a current ratio of 1.80, a quick ratio of 1.30 and a debt-to-equity ratio of 1.26. The stock has a market cap of $3.30 billion, a PE ratio of 13.09 and a beta of 0.75. The stock's fifty day moving average price is $90.59 and its two-hundred day moving average price is $81.83.
About StoneX Group
(
Free Report)
StoneX Group Inc operates as a global financial services network that connects companies, organizations, traders, and investors to market ecosystem worldwide. The company operates through Commercial, Institutional, Retail, and Global Payments segments. The Commercial segment provides risk management and hedging, exchange-traded and OTC products execution and clearing, voice brokerage, market intelligence, physical trading, and commodity financing and logistics services.
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