StoneX Group Inc. (NASDAQ:SNEX) Shares Bought by Fmr LLC

FMR LLC raised its holdings in StoneX Group Inc. (NASDAQ:SNEX - Free Report) by 4.3% in the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 149,368 shares of the company's stock after buying an additional 6,121 shares during the quarter. FMR LLC owned about 0.47% of StoneX Group worth $12,230,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Quest Partners LLC raised its stake in shares of StoneX Group by 9,133.3% in the second quarter. Quest Partners LLC now owns 554 shares of the company's stock worth $42,000 after purchasing an additional 548 shares during the last quarter. Huntington National Bank raised its stake in shares of StoneX Group by 1,906.9% in 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 last quarter. nVerses Capital LLC purchased a new position in shares of StoneX Group in the second quarter worth about $68,000. Cadent Capital Advisors LLC purchased a new position in shares of StoneX Group in the third quarter worth about $212,000. Finally, Evergreen Capital Management LLC purchased a new position in shares of StoneX Group in the second quarter worth about $201,000. 75.93% of the stock is currently owned by hedge funds and other institutional investors.

StoneX Group Stock Performance

Shares of NASDAQ:SNEX traded down $1.66 during trading on Thursday, hitting $101.19. The stock had a trading volume of 45,955 shares, compared to its average volume of 134,603. The stock has a 50-day simple moving average of $94.45 and a two-hundred day simple moving average of $83.67. The company has a quick ratio of 1.30, a current ratio of 1.81 and a debt-to-equity ratio of 1.26. The stock has a market capitalization of $3.23 billion, a price-to-earnings ratio of 12.92 and a beta of 0.78. StoneX Group Inc. has a 12-month low of $61.68 and a 12-month high of $106.77.

Insider Activity at StoneX Group

In related news, 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 transaction of $3,690,750.00. Following the completion of the transaction, the chief executive officer now directly owns 506,994 shares in the company, valued at approximately $49,898,349.48. This trade represents a 6.89 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director John Moore Fowler sold 1,800 shares of StoneX Group stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $100.14, for a total value of $180,252.00. Following the transaction, the director now 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 disclosure for this sale can be found here. 16.24% of the stock is owned by company 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.