Walleye Capital LLC Has $1.08 Million Stake in StoneX Group Inc. (NASDAQ:SNEX)

Walleye Capital LLC cut its position in StoneX Group Inc. (NASDAQ:SNEX - Free Report) by 51.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,127 shares of the company's stock after selling 14,143 shares during the quarter. Walleye Capital LLC's holdings in StoneX Group were worth $1,075,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in SNEX. Quest Partners LLC grew its position in shares of StoneX Group by 9,133.3% in the 2nd quarter. Quest Partners LLC now owns 554 shares of the company's stock valued at $42,000 after acquiring an additional 548 shares during the period. Huntington National Bank increased its holdings 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 acquiring an additional 553 shares during the last quarter. nVerses Capital LLC bought a new stake in StoneX Group in the 2nd quarter valued at $68,000. Evergreen Capital Management LLC acquired a new stake in StoneX Group during the 2nd quarter valued at $201,000. Finally, Sawgrass Asset Management LLC bought a new position in StoneX Group during the second quarter worth $211,000. 75.93% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at StoneX Group

In other news, CEO Sean Michael Oconnor sold 37,500 shares of the business's stock in a transaction dated 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 completion of the sale, the chief executive officer now owns 506,994 shares of the company's stock, valued at approximately $49,898,349.48. The trade was a 6.89 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director John Moore Fowler sold 1,800 shares of the firm's stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $100.14, for a total transaction of $180,252.00. Following the transaction, the director now directly owns 81,375 shares in the company, 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. Insiders own 16.24% of the company's stock.

StoneX Group Stock Performance

Shares of SNEX traded down $0.77 during trading hours on Friday, hitting $103.15. The company had a trading volume of 87,391 shares, compared to its average volume of 134,218. The business has a fifty day moving average of $92.74 and a 200-day moving average of $82.82. 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 firm has a market cap of $3.29 billion, a price-to-earnings ratio of 12.97 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.

About StoneX Group

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.