StoneX Group Inc. (NASDAQ:SNEX) Shares Purchased by State Street Corp

State Street Corp increased its position in shares of StoneX Group Inc. (NASDAQ:SNEX) by 2.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,147,861 shares of the company’s stock after purchasing an additional 31,681 shares during the period. State Street Corp owned 3.61% of StoneX Group worth $93,987,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SNEX. Quest Partners LLC boosted its stake in shares of 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 boosted its stake in shares of StoneX Group by 1,906.9% in the third quarter. Huntington National Bank now owns 582 shares of the company’s stock valued at $48,000 after purchasing an additional 553 shares during the period. nVerses Capital LLC purchased a new position in shares of StoneX Group in the second quarter valued at approximately $68,000. Evergreen Capital Management LLC purchased a new position in shares of StoneX Group in the second quarter valued at approximately $201,000. Finally, Cadent Capital Advisors LLC purchased a new position in shares of StoneX Group in the third quarter valued at approximately $212,000. 75.93% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, CEO Sean Michael Oconnor sold 37,500 shares of StoneX Group stock in a transaction that occurred on 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 transaction, the chief executive officer now owns 506,994 shares in the company, valued at $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 Securities & Exchange Commission, which is available through this hyperlink. Also, Director John Moore Fowler sold 1,800 shares of StoneX Group stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $100.14, for a total transaction of $180,252.00. Following the completion of the transaction, the director now owns 81,375 shares of the company’s stock, valued at $8,148,892.50. This represents a 2.16 % decrease in their position. The disclosure for this sale can be found here. Insiders own 16.24% of the company’s stock.

StoneX Group Trading Down 0.7 %

NASDAQ SNEX opened at $98.54 on Tuesday. The firm has a 50 day simple moving average of $95.46 and a 200-day simple moving average of $84.25. The company has a debt-to-equity ratio of 1.26, a quick ratio of 1.30 and a current ratio of 1.81. StoneX Group Inc. has a one year low of $61.68 and a one year high of $106.77. The firm has a market cap of $3.15 billion, a price-to-earnings ratio of 12.38 and a beta of 0.78.

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.