Royce & Associates LP lifted its position in shares of StoneX Group Inc. (NASDAQ:SNEX - Free Report) by 38.6% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 154,744 shares of the company's stock after purchasing an additional 43,126 shares during the period. Royce & Associates LP owned about 0.49% of StoneX Group worth $12,670,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Quest Partners LLC lifted 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 purchasing an additional 548 shares during the period. Huntington National Bank raised its position in 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 acquiring an additional 553 shares in the last quarter. nVerses Capital LLC purchased a new position in StoneX Group in the second quarter worth $68,000. Evergreen Capital Management LLC purchased a new stake in shares of StoneX Group during the 2nd quarter worth $201,000. Finally, Sawgrass Asset Management LLC acquired a new stake in shares of StoneX Group in the 2nd quarter worth approximately $211,000. Institutional investors and hedge funds own 75.93% of the company's stock.
StoneX Group Price Performance
Shares of StoneX Group stock traded up $1.46 on Friday, hitting $97.27. The company's stock had a trading volume of 142,989 shares, compared to its average volume of 190,062. The company has a quick ratio of 1.20, a current ratio of 1.64 and a debt-to-equity ratio of 1.04. The firm has a fifty day moving average price of $86.65 and a 200-day moving average price of $80.28. StoneX Group Inc. has a 52-week low of $59.07 and a 52-week high of $101.61. The company has a market capitalization of $3.09 billion, a P/E ratio of 13.48 and a beta of 0.75.
Insider Activity at StoneX Group
In other StoneX Group news, CEO Sean Michael Oconnor sold 37,500 shares of the firm's stock in a transaction dated 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 trade represents a 6.89 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 16.24% of the stock is owned by corporate insiders.
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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