StoneX Group Inc. (NASDAQ:SNEX) Stake Raised by Jane Street Group LLC

Jane Street Group LLC grew its stake in StoneX Group Inc. (NASDAQ:SNEX - Free Report) by 72.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 23,621 shares of the company's stock after acquiring an additional 9,900 shares during the quarter. Jane Street Group LLC owned about 0.07% of StoneX Group worth $1,934,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of SNEX. Quest Partners LLC grew its position in StoneX Group by 9,133.3% in the second quarter. Quest Partners LLC now owns 554 shares of the company's stock valued at $42,000 after acquiring an additional 548 shares in the last quarter. Huntington National Bank lifted its stake in shares of StoneX Group by 1,906.9% in the 3rd quarter. Huntington National Bank now owns 582 shares of the company's stock worth $48,000 after acquiring an additional 553 shares during the period. nVerses Capital LLC bought a new position in StoneX Group during the 2nd quarter valued at $68,000. Evergreen Capital Management LLC acquired a new position in StoneX Group during the second quarter worth about $201,000. Finally, Cadent Capital Advisors LLC acquired a new position in StoneX Group during the third quarter worth about $212,000. 75.93% of the stock is owned by institutional investors and hedge funds.

StoneX Group Price Performance

NASDAQ SNEX traded up $1.51 on Wednesday, reaching $98.46. The company's stock had a trading volume of 71,166 shares, compared to its average volume of 137,842. StoneX Group Inc. has a twelve month low of $61.68 and a twelve month high of $106.77. 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 firm's 50 day moving average is $96.55 and its two-hundred day moving average is $85.15. The stock has a market cap of $3.14 billion, a PE ratio of 12.37 and a beta of 0.78.

Insider Activity at StoneX Group

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

StoneX Group Company 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.