StoneX Group Inc. (NASDAQ:SNEX) Shares Bought by Royce & Associates LP

Royce & Associates LP grew its stake in shares of StoneX Group Inc. (NASDAQ:SNEX) by 38.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 154,744 shares of the company’s stock after acquiring an additional 43,126 shares during the period. Royce & Associates LP owned about 0.49% of StoneX Group worth $12,670,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of SNEX. Quest Partners LLC raised its position in shares of StoneX Group by 9,133.3% during the 2nd quarter. Quest Partners LLC now owns 554 shares of the company’s stock worth $42,000 after purchasing an additional 548 shares during the last quarter. Huntington National Bank raised its position in shares of StoneX Group by 1,906.9% during the 3rd quarter. Huntington National Bank now owns 582 shares of the company’s stock worth $48,000 after purchasing an additional 553 shares during the last quarter. nVerses Capital LLC acquired a new position in shares of StoneX Group during the 2nd quarter worth approximately $68,000. Cadent Capital Advisors LLC acquired a new position in shares of StoneX Group during the 3rd quarter worth approximately $212,000. Finally, Evergreen Capital Management LLC acquired a new position in shares of StoneX Group during the 2nd quarter worth approximately $201,000. 75.93% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other StoneX Group news, CEO Sean Michael Oconnor sold 37,500 shares of StoneX Group stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $98.42, for a total value 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 approximately $49,898,349.48. The trade was a 6.89 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 16.24% of the company’s stock.

StoneX Group Trading Up 1.5 %

Shares of StoneX Group stock opened at $97.27 on Friday. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.64 and a quick ratio of 1.20. StoneX Group Inc. has a 1 year low of $59.07 and a 1 year high of $101.61. The company has a market capitalization of $3.09 billion, a P/E ratio of 13.49 and a beta of 0.75. The business has a 50 day moving average price of $86.65 and a 200 day moving average price of $80.23.

StoneX Group 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.