Equitable Trust Co. cut its position in StoneX Group Inc. (NASDAQ:SNEX – Free Report) by 23.8% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 8,725 shares of the company’s stock after selling 2,725 shares during the period. Equitable Trust Co.’s holdings in StoneX Group were worth $714,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Quest Partners LLC lifted its holdings in StoneX Group by 9,133.3% during 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 during the last quarter. nVerses Capital LLC acquired a new stake in StoneX Group during the 2nd quarter valued at $68,000. Daiwa Securities Group Inc. acquired a new stake in StoneX Group during the 1st quarter valued at $120,000. Cadent Capital Advisors LLC acquired a new stake in StoneX Group during the 3rd quarter valued at $212,000. Finally, Evergreen Capital Management LLC acquired a new stake in StoneX Group during the 2nd quarter valued at $201,000. 75.93% of the stock is owned by institutional investors.
Insider Transactions at StoneX Group
In other news, CEO Sean Michael Oconnor sold 37,500 shares of StoneX Group stock in a transaction on Wednesday, November 6th. The stock was 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 owns 506,994 shares of the company’s stock, valued at approximately $49,898,349.48. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 16.24% of the company’s stock.
StoneX Group Trading Up 0.2 %
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.
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