StoneX Group Inc. (NASDAQ:SNEX) Shares Sold by Janus Henderson Group PLC

Janus Henderson Group PLC cut its holdings in shares of StoneX Group Inc. (NASDAQ:SNEX) by 4.1% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 22,198 shares of the company’s stock after selling 941 shares during the quarter. Janus Henderson Group PLC’s holdings in StoneX Group were worth $1,817,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in SNEX. Quest Partners LLC raised its holdings 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 purchasing an additional 548 shares in the last quarter. Huntington National Bank raised its holdings in shares of StoneX Group by 1,906.9% in the 3rd quarter. Huntington National Bank now owns 582 shares of the company’s stock valued at $48,000 after purchasing an additional 553 shares in the last quarter. nVerses Capital LLC acquired a new stake in shares of StoneX Group in the 2nd quarter valued at $68,000. Cadent Capital Advisors LLC acquired a new stake in shares of StoneX Group in the 3rd quarter valued at $212,000. Finally, Evergreen Capital Management LLC acquired a new stake in shares of StoneX Group in the 2nd quarter valued at $201,000. 75.93% of the stock is currently owned by institutional investors and hedge funds.

StoneX Group Price Performance

Shares of SNEX opened at $100.89 on Friday. StoneX Group Inc. has a twelve month low of $61.68 and a twelve month high of $106.77. The firm’s fifty day simple moving average is $94.83 and its 200-day simple moving average is $83.79. The firm has a market capitalization of $3.22 billion, a price-to-earnings ratio of 12.67 and a beta of 0.78. The company has a current ratio of 1.81, a quick ratio of 1.30 and a debt-to-equity ratio of 1.26.

Insider Activity

In related news, Director John Moore Fowler sold 1,800 shares of the stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $100.14, for a total value of $180,252.00. Following the transaction, the director now directly owns 81,375 shares of the company’s stock, valued at $8,148,892.50. This trade represents a 2.16 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Sean Michael Oconnor sold 37,500 shares of the stock in a transaction on Wednesday, November 6th. The shares were 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 ownership of the stock. The disclosure for this sale can be found here. Company insiders own 16.24% of the company’s stock.

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.