State Street Corp grew its holdings in shares of StoneX Group Inc. (NASDAQ:SNEX - Free Report) by 2.8% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,147,861 shares of the company's stock after purchasing an additional 31,681 shares during the period. State Street Corp owned approximately 3.61% of StoneX Group worth $93,987,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Motley Fool Asset Management LLC lifted its position in StoneX Group by 0.7% in the third quarter. Motley Fool Asset Management LLC now owns 124,057 shares of the company's stock worth $10,001,000 after purchasing an additional 834 shares during the period. ClearAlpha Technologies LP raised its stake in shares of StoneX Group by 114.9% in the 3rd quarter. ClearAlpha Technologies LP now owns 10,256 shares of the company's stock worth $840,000 after buying an additional 5,484 shares in the last quarter. Verition Fund Management LLC lifted its holdings in shares of StoneX Group by 118.3% in the third quarter. Verition Fund Management LLC now owns 6,194 shares of the company's stock valued at $507,000 after buying an additional 3,357 shares during the period. Rockefeller Capital Management L.P. lifted its holdings in shares of StoneX Group by 6.5% in the third quarter. Rockefeller Capital Management L.P. now owns 623,182 shares of the company's stock valued at $51,022,000 after buying an additional 37,808 shares during the period. Finally, Martingale Asset Management L P boosted its stake in StoneX Group by 30.6% during the third quarter. Martingale Asset Management L P now owns 45,710 shares of the company's stock valued at $3,743,000 after buying an additional 10,723 shares in the last quarter. 75.93% of the stock is currently owned by institutional investors.
StoneX Group Price Performance
StoneX Group stock traded down $2.62 during midday trading on Tuesday, hitting $95.92. The company's stock had a trading volume of 168,503 shares, compared to its average volume of 134,902. StoneX Group Inc. has a 12 month low of $61.68 and a 12 month high of $106.77. 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 company has a market capitalization of $3.06 billion, a PE ratio of 12.38 and a beta of 0.78. The stock's 50-day moving average price is $95.46 and its 200-day moving average price is $84.25.
Insider Transactions 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 stock was sold at an average price of $100.14, for a total value of $180,252.00. Following the completion of the transaction, the director now owns 81,375 shares in the company, valued at $8,148,892.50. This trade represents a 2.16 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Sean Michael Oconnor sold 37,500 shares of the business'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 owns 506,994 shares in the company, valued at approximately $49,898,349.48. The trade was a 6.89 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 16.24% of the company's stock.
StoneX Group Profile
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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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