GSA Capital Partners LLP Invests $248,000 in StoneX Group Inc. (NASDAQ:SNEX)

GSA Capital Partners LLP bought a new stake in shares of StoneX Group Inc. (NASDAQ:SNEX) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 3,030 shares of the company’s stock, valued at approximately $248,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SNEX. Quest Partners LLC grew its position in StoneX Group by 9,133.3% during the 2nd 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. nVerses Capital LLC acquired a new position in shares of StoneX Group in the 2nd quarter valued at $68,000. Evergreen Capital Management LLC acquired a new position in shares of StoneX Group in the 2nd quarter valued at $201,000. Sawgrass Asset Management LLC purchased a new position in StoneX Group in the 2nd quarter worth $211,000. Finally, Cadent Capital Advisors LLC acquired a new stake in StoneX Group during the 3rd quarter worth about $212,000. 75.93% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related 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 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 $49,898,349.48. This trade represents a 6.89 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 16.24% of the company’s stock.

StoneX Group Stock Up 0.0 %

SNEX stock opened at $102.45 on Friday. The company has a market capitalization of $3.26 billion, a P/E ratio of 12.87 and a beta of 0.75. StoneX Group Inc. has a 12 month low of $59.28 and a 12 month high of $104.57. The firm’s fifty day simple moving average is $88.85 and its 200-day simple moving average is $81.12. The company has a debt-to-equity ratio of 1.26, a current ratio of 1.80 and a quick ratio of 1.20.

StoneX Group Company 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.