Eagle Asset Management Inc. increased its position in shares of StoneX Group Inc. (NASDAQ:SNEX - Free Report) by 12.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 80,635 shares of the company's stock after buying an additional 8,912 shares during the period. Eagle Asset Management Inc. owned about 0.25% of StoneX Group worth $6,602,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also bought and sold shares of the company. State of Alaska Department of Revenue grew its stake in StoneX Group by 0.9% during the 3rd quarter. State of Alaska Department of Revenue now owns 16,146 shares of the company's stock worth $1,322,000 after buying an additional 145 shares during the last quarter. SummerHaven Investment Management LLC grew its position in StoneX Group by 1.6% during the 2nd quarter. SummerHaven Investment Management LLC now owns 12,699 shares of the company's stock worth $956,000 after purchasing an additional 199 shares during the last quarter. Arizona State Retirement System increased its stake in StoneX Group by 3.0% during the 2nd quarter. Arizona State Retirement System now owns 7,949 shares of the company's stock valued at $599,000 after purchasing an additional 234 shares in the last quarter. Louisiana State Employees Retirement System raised its holdings in shares of StoneX Group by 2.2% in the second quarter. Louisiana State Employees Retirement System now owns 13,700 shares of the company's stock worth $1,032,000 after buying an additional 300 shares during the last quarter. Finally, Millington Financial Advisors LLC lifted its stake in shares of StoneX Group by 1.5% during the second quarter. Millington Financial Advisors LLC now owns 21,860 shares of the company's stock worth $1,646,000 after buying an additional 331 shares during the period. Institutional investors own 75.93% of the company's stock.
Insider Activity at StoneX Group
In related news, Director John Moore Fowler sold 1,800 shares of the 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 sale, the director now directly owns 81,375 shares of the company's stock, valued at approximately $8,148,892.50. This represents a 2.16 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Sean Michael Oconnor sold 37,500 shares of StoneX Group stock in a transaction 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 $49,898,349.48. The trade was a 6.89 % decrease in their position. The disclosure for this sale can be found here. 16.24% of the stock is currently owned by insiders.
StoneX Group Stock Performance
SNEX traded up $2.11 during trading on Monday, reaching $104.56. 247,327 shares of the company's stock were exchanged, compared to its average volume of 134,769. The company's fifty day simple moving average is $88.85 and its 200-day simple moving average is $81.14. The stock has a market capitalization of $3.32 billion, a P/E ratio of 13.19 and a beta of 0.75. The company has a debt-to-equity ratio of 1.26, a current ratio of 1.80 and a quick ratio of 1.30. StoneX Group Inc. has a 1 year low of $59.28 and a 1 year high of $105.58.
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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