Diversified Trust Co Invests $298,000 in StoneX Group Inc. (NASDAQ:SNEX)

Diversified Trust Co acquired a new stake in StoneX Group Inc. (NASDAQ:SNEX) during the fourth quarter, according to its most recent 13F filing with the SEC. The fund acquired 3,040 shares of the company’s stock, valued at approximately $298,000.

Several other institutional investors have also added to or reduced their stakes in SNEX. Quest Partners LLC raised its position 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 raised its holdings in StoneX Group by 1,906.9% during the 3rd quarter. Huntington National Bank now owns 582 shares of the company’s stock valued at $48,000 after acquiring an additional 553 shares during the period. Cadent Capital Advisors LLC purchased a new stake in shares of StoneX Group during the third quarter worth $212,000. Evergreen Capital Management LLC bought a new position in shares of StoneX Group in the second quarter worth $201,000. Finally, Atomi Financial Group Inc. purchased a new position in shares of StoneX Group in the third quarter valued at $227,000. 75.93% of the stock is owned by hedge funds and other institutional investors.

StoneX Group Stock Performance

Shares of SNEX opened at $98.59 on Friday. StoneX Group Inc. has a 52-week low of $61.68 and a 52-week high of $106.77. The stock’s 50-day simple moving average is $99.71 and its 200 day simple moving average is $87.63. The company has a debt-to-equity ratio of 1.26, a quick ratio of 1.30 and a current ratio of 1.81. The stock has a market capitalization of $3.15 billion, a price-to-earnings ratio of 12.39 and a beta of 0.77.

Insider Activity

In other StoneX Group news, CEO Sean Michael Oconnor sold 37,500 shares of the company’s stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $98.42, for a total value of $3,690,750.00. Following the transaction, the chief executive officer now directly owns 506,994 shares in the company, valued at $49,898,349.48. This represents a 6.89 % decrease in their position. 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 dated Friday, November 22nd. The shares were sold at an average price of $100.14, for a total value of $180,252.00. Following the sale, the director now owns 81,375 shares of the company’s stock, valued at approximately $8,148,892.50. This trade represents a 2.16 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 16.24% of the company’s stock.

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.