StoneX Group Inc. (NASDAQ:SNEX – Get Free Report) 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 transaction of $180,252.00. Following the completion of the transaction, the director now directly owns 81,375 shares of the company’s stock, valued at $8,148,892.50. The trade was a 2.16 % 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.
StoneX Group Stock Performance
Shares of NASDAQ SNEX traded up $2.48 during midday trading on Monday, reaching $104.93. The company had a trading volume of 156,951 shares, compared to its average volume of 134,373. StoneX Group Inc. has a 1 year low of $59.28 and a 1 year high of $105.57. The business’s 50-day simple moving average is $88.85 and its 200 day simple moving average is $81.14. The company has a current ratio of 1.80, a quick ratio of 1.30 and a debt-to-equity ratio of 1.26. The stock has a market cap of $3.34 billion, a P/E ratio of 13.19 and a beta of 0.75.
Institutional Inflows and Outflows
A number of hedge funds have recently modified their holdings of the company. Quest Partners LLC increased its holdings in StoneX Group by 9,133.3% in the 2nd quarter. Quest Partners LLC now owns 554 shares of the company’s stock worth $42,000 after buying an additional 548 shares during the period. Huntington National Bank lifted its position in StoneX Group by 1,906.9% during 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 stake in StoneX Group in the second quarter valued at $68,000. Evergreen Capital Management LLC purchased a new position in shares of StoneX Group during the 2nd quarter valued at about $201,000. Finally, Sawgrass Asset Management LLC acquired a new position in shares of StoneX Group in the 2nd quarter valued at about $211,000. 75.93% of the stock is owned by institutional investors and hedge funds.
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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