StoneX Group Inc. (NASDAQ:SNEX) Shares Bought by Martingale Asset Management L P

Martingale Asset Management L P grew its position in shares of StoneX Group Inc. (NASDAQ:SNEX) by 30.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 45,710 shares of the company’s stock after acquiring an additional 10,723 shares during the quarter. Martingale Asset Management L P’s holdings in StoneX Group were worth $3,743,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of SNEX. Quest Partners LLC grew its position in 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 buying an additional 548 shares in the last quarter. Huntington National Bank boosted its holdings 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 acquiring an additional 553 shares in the last quarter. nVerses Capital LLC acquired a new position in shares of StoneX Group during the second quarter valued at approximately $68,000. Evergreen Capital Management LLC bought a new stake in StoneX Group during the second quarter worth approximately $201,000. Finally, Sawgrass Asset Management LLC acquired a new stake in StoneX Group in the second quarter worth approximately $211,000. Institutional investors and hedge funds own 75.93% of the company’s stock.

StoneX Group Stock Down 0.4 %

Shares of SNEX stock opened at $103.76 on Friday. StoneX Group Inc. has a 1 year low of $60.38 and a 1 year high of $106.77. The company has a debt-to-equity ratio of 1.26, a quick ratio of 1.30 and a current ratio of 1.80. The business’s fifty day moving average is $91.00 and its 200-day moving average is $82.02. The stock has a market cap of $3.30 billion, a PE ratio of 13.04 and a beta of 0.75.

Insider Activity at StoneX Group

In related news, CEO Sean Michael Oconnor sold 37,500 shares of the 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 sale, the chief executive officer now directly owns 506,994 shares of the company’s stock, valued at $49,898,349.48. This represents a 6.89 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 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 in the company, 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.