Inspire Investing LLC Purchases New Shares in StoneX Group Inc. (NASDAQ:SNEX)

Inspire Investing LLC bought a new stake in shares of StoneX Group Inc. (NASDAQ:SNEX - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 8,736 shares of the company's stock, valued at approximately $856,000.

Other large investors also recently made changes to their positions in the company. Huntington National Bank boosted its position in StoneX Group by 1,906.9% during the third quarter. Huntington National Bank now owns 582 shares of the company's stock worth $48,000 after purchasing an additional 553 shares during the period. USA Financial Formulas acquired a new position in StoneX Group in the 4th quarter valued at $129,000. Evergreen Capital Management LLC bought a new position in StoneX Group in the 2nd quarter worth $201,000. Cadent Capital Advisors LLC acquired a new position in StoneX Group during the 3rd quarter worth $212,000. Finally, Crossmark Global Holdings Inc. acquired a new position in StoneX Group during the 4th quarter worth $219,000. Institutional investors own 75.93% of the company's stock.

StoneX Group Stock Performance

Shares of NASDAQ:SNEX traded up $0.18 during midday trading on Friday, hitting $109.08. The company's stock had a trading volume of 79,181 shares, compared to its average volume of 178,539. The company has a debt-to-equity ratio of 1.26, a quick ratio of 1.30 and a current ratio of 1.81. The stock's 50 day simple moving average is $101.34 and its 200 day simple moving average is $89.42. The stock has a market capitalization of $3.48 billion, a price-to-earnings ratio of 13.70 and a beta of 0.77. StoneX Group Inc. has a fifty-two week low of $61.68 and a fifty-two week high of $110.96.

Insider Transactions at StoneX Group

In other StoneX Group news, Director John Moore Fowler sold 1,800 shares of the company's stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $100.14, for a total value of $180,252.00. Following the completion of the transaction, the director now owns 81,375 shares of the company's stock, valued at $8,148,892.50. This represents a 2.16 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Sean Michael Oconnor sold 37,500 shares of StoneX Group stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $98.42, for a total value of $3,690,750.00. Following the sale, the chief executive officer now directly owns 506,994 shares in the company, valued at $49,898,349.48. The trade was a 6.89 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 16.24% of the company's stock.

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.