Martingale Asset Management L P Has $3.74 Million Holdings in StoneX Group Inc. (NASDAQ:SNEX)

Martingale Asset Management L P lifted its position in shares of StoneX Group Inc. (NASDAQ:SNEX - Free Report) by 30.6% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 45,710 shares of the company's stock after acquiring an additional 10,723 shares during the period. Martingale Asset Management L P owned 0.14% of StoneX Group worth $3,743,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of the company. Quest Partners LLC grew its holdings in StoneX Group by 9,133.3% in the 2nd quarter. Quest Partners LLC now owns 554 shares of the company's stock worth $42,000 after buying an additional 548 shares in the last quarter. Huntington National Bank raised its position in shares of StoneX Group by 1,906.9% during the 3rd quarter. Huntington National Bank now owns 582 shares of the company's stock worth $48,000 after buying an additional 553 shares in the last quarter. nVerses Capital LLC acquired a new stake in shares of StoneX Group in the 2nd quarter worth approximately $68,000. Evergreen Capital Management LLC acquired a new position in shares of StoneX Group during the second quarter valued at approximately $201,000. Finally, Sawgrass Asset Management LLC bought a new stake in StoneX Group during the second quarter worth approximately $211,000. Institutional investors and hedge funds own 75.93% of the company's stock.

StoneX Group Price Performance

NASDAQ SNEX traded down $0.42 on Friday, reaching $103.76. 85,138 shares of the stock traded hands, compared to its average volume of 134,430. StoneX Group Inc. has a 12 month low of $60.38 and a 12 month high of $106.77. The company has a quick ratio of 1.30, a current ratio of 1.80 and a debt-to-equity ratio of 1.26. The firm's fifty day simple moving average is $91.00 and its 200 day simple moving average is $82.02. The company has a market cap of $3.30 billion, a price-to-earnings ratio of 13.04 and a beta of 0.75.

Insider Activity at StoneX Group

In other StoneX Group news, Director John Moore Fowler sold 1,800 shares of the company's stock in a transaction 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 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Sean Michael Oconnor sold 37,500 shares of the firm's stock in a transaction 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 of the company's stock, valued at approximately $49,898,349.48. This represents a 6.89 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company 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.