StoneX Group Inc. (NASDAQ:SNEX) Shares Sold by Hennessy Advisors Inc.

Hennessy Advisors Inc. cut its holdings in shares of StoneX Group Inc. (NASDAQ:SNEX) by 36.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 29,250 shares of the company’s stock after selling 16,500 shares during the quarter. Hennessy Advisors Inc.’s holdings in StoneX Group were worth $2,055,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Naples Money Management LLC acquired a new stake in shares of StoneX Group during the 4th quarter worth about $30,000. FinTrust Capital Advisors LLC raised its holdings in shares of StoneX Group by 50.0% in the 4th quarter. FinTrust Capital Advisors LLC now owns 450 shares of the company’s stock valued at $33,000 after buying an additional 150 shares during the period. Parkside Financial Bank & Trust lifted its stake in StoneX Group by 45.2% during the 4th quarter. Parkside Financial Bank & Trust now owns 601 shares of the company’s stock worth $44,000 after acquiring an additional 187 shares in the last quarter. Allworth Financial LP grew its position in StoneX Group by 49.5% in the 4th quarter. Allworth Financial LP now owns 815 shares of the company’s stock valued at $60,000 after acquiring an additional 270 shares in the last quarter. Finally, Quadrant Capital Group LLC grew its stake in shares of StoneX Group by 107.2% in the fourth quarter. Quadrant Capital Group LLC now owns 953 shares of the company’s stock worth $70,000 after acquiring an additional 493 shares in the last quarter. 75.93% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at StoneX Group

In related news, Director John Moore Fowler sold 600 shares of StoneX Group stock in a transaction on Monday, June 3rd. The stock was sold at an average price of $75.34, for a total transaction of $45,204.00. Following the completion of the transaction, the director now directly owns 83,462 shares of the company’s stock, valued at $6,288,027.08. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other news, Director John Moore Fowler sold 600 shares of the stock in a transaction that occurred on Monday, June 3rd. The shares were sold at an average price of $75.34, for a total value of $45,204.00. Following the sale, the director now directly owns 83,462 shares in the company, valued at $6,288,027.08. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Diego Rotsztain sold 1,090 shares of StoneX Group stock in a transaction that occurred on Thursday, June 6th. The stock was sold at an average price of $73.50, for a total value of $80,115.00. Following the transaction, the insider now owns 29,880 shares of the company’s stock, valued at $2,196,180. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 45,868 shares of company stock valued at $3,448,851. 16.24% of the stock is owned by corporate insiders.

StoneX Group Stock Up 1.7 %

NASDAQ:SNEX traded up $1.25 during trading hours on Friday, hitting $74.75. The company’s stock had a trading volume of 52,764 shares, compared to its average volume of 126,023. The company has a current ratio of 1.61, a quick ratio of 1.20 and a debt-to-equity ratio of 1.52. The stock has a fifty day moving average of $73.45 and a 200-day moving average of $69.79. The stock has a market capitalization of $2.37 billion, a P/E ratio of 9.83 and a beta of 0.80. StoneX Group Inc. has a 52-week low of $53.89 and a 52-week high of $80.00.

StoneX Group (NASDAQ:SNEX) last announced its earnings results on Wednesday, May 8th. The company reported $1.66 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.61 by $0.05. The firm had revenue of $818.20 million during the quarter, compared to analysts’ expectations of $788.30 million. StoneX Group had a return on equity of 17.29% and a net margin of 0.33%. On average, equities analysts forecast that StoneX Group Inc. will post 7.4 earnings per share for the current year.

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.