JPMorgan Chase & Co. Has $13.20 Million Stake in StoneX Group Inc. (NASDAQ:SNEX)

JPMorgan Chase & Co. reduced its holdings in StoneX Group Inc. (NASDAQ:SNEX) by 14.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 161,189 shares of the company’s stock after selling 28,000 shares during the quarter. JPMorgan Chase & Co.’s holdings in StoneX Group were worth $13,198,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Jane Street Group LLC boosted its stake in StoneX Group by 72.2% in the third quarter. Jane Street Group LLC now owns 23,621 shares of the company’s stock worth $1,934,000 after purchasing an additional 9,900 shares in the last quarter. International Assets Investment Management LLC raised its stake in shares of StoneX Group by 8,088.0% in the third quarter. International Assets Investment Management LLC now owns 24,564 shares of the company’s stock worth $2,011,000 after acquiring an additional 24,264 shares during the last quarter. Foundry Partners LLC bought a new position in shares of StoneX Group in the third quarter worth about $5,348,000. Principal Financial Group Inc. grew its stake in shares of StoneX Group by 11.0% during the third quarter. Principal Financial Group Inc. now owns 149,442 shares of the company’s stock valued at $12,236,000 after purchasing an additional 14,784 shares during the last quarter. Finally, Royce & Associates LP increased its holdings in shares of StoneX Group by 38.6% in the third quarter. Royce & Associates LP now owns 154,744 shares of the company’s stock valued at $12,670,000 after purchasing an additional 43,126 shares in the last quarter. 75.93% of the stock is owned by institutional investors and hedge funds.

StoneX Group Stock Performance

SNEX stock opened at $98.59 on Friday. The stock has a market capitalization of $3.15 billion, a PE ratio of 12.39 and a beta of 0.77. The company has a debt-to-equity ratio of 1.26, a current ratio of 1.81 and a quick ratio of 1.30. The company has a 50 day moving average price of $99.71 and a 200 day moving average price of $87.63. StoneX Group Inc. has a fifty-two week low of $61.68 and a fifty-two week high of $106.77.

Insider Transactions at StoneX Group

In related news, Director John Moore Fowler sold 1,800 shares of the stock in a transaction that occurred 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 in the company, valued at $8,148,892.50. This represents a 2.16 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Sean Michael Oconnor sold 37,500 shares of the firm’s stock in a transaction that occurred 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 approximately $49,898,349.48. The trade was a 6.89 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 16.24% of the stock is currently owned by corporate insiders.

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.