65,321 Shares in StoneX Group Inc. (NASDAQ:SNEX) Acquired by Foundry Partners LLC

Foundry Partners LLC purchased a new stake in StoneX Group Inc. (NASDAQ:SNEX - Free Report) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 65,321 shares of the company's stock, valued at approximately $5,348,000. Foundry Partners LLC owned 0.21% of StoneX Group at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of SNEX. Intech Investment Management LLC raised its stake in shares of StoneX Group by 53.9% in the third quarter. Intech Investment Management LLC now owns 9,061 shares of the company's stock valued at $742,000 after acquiring an additional 3,173 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. increased its holdings in StoneX Group by 299.1% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 21,894 shares of the company's stock valued at $1,793,000 after purchasing an additional 16,408 shares in the last quarter. Quest Partners LLC raised its position in StoneX Group by 1,187.7% in the 3rd quarter. Quest Partners LLC now owns 7,134 shares of the company's stock valued at $584,000 after purchasing an additional 6,580 shares during the last quarter. Sawgrass Asset Management LLC boosted its stake in StoneX Group by 13.3% in the third quarter. Sawgrass Asset Management LLC now owns 3,180 shares of the company's stock worth $260,000 after purchasing an additional 373 shares in the last quarter. Finally, Natixis Advisors LLC grew its holdings in shares of StoneX Group by 6.1% during the third quarter. Natixis Advisors LLC now owns 14,224 shares of the company's stock worth $1,165,000 after purchasing an additional 816 shares during the last quarter. 75.93% of the stock is currently owned by institutional investors and hedge funds.

StoneX Group Price Performance

Shares of StoneX Group stock traded up $0.03 during trading on Friday, reaching $102.45. The company's stock had a trading volume of 276,821 shares, compared to its average volume of 134,274. The stock has a 50-day moving average price of $88.85 and a two-hundred day moving average price of $81.09. The stock has a market capitalization of $3.26 billion, a P/E ratio of 12.87 and a beta of 0.75. The company has a current ratio of 1.64, a quick ratio of 1.20 and a debt-to-equity ratio of 1.04. StoneX Group Inc. has a one year low of $59.28 and a one year high of $104.57.

Insider Activity

In other StoneX Group news, CEO Sean Michael Oconnor sold 37,500 shares of the company's stock in a transaction dated 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 transaction, the chief executive officer now directly owns 506,994 shares in the company, valued at approximately $49,898,349.48. This represents a 6.89 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 16.24% of the stock is owned by insiders.

StoneX Group Profile

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.