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

Martingale Asset Management L P grew its stake in shares of StoneX Group Inc. (NASDAQ:SNEX) by 30.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 45,710 shares of the company’s stock after acquiring an additional 10,723 shares during the quarter. Martingale Asset Management L P owned about 0.14% of StoneX Group worth $3,743,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of SNEX. Quest Partners LLC increased its position in 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 in the last quarter. Huntington National Bank grew its position in 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 stake in StoneX Group in the second quarter valued at approximately $68,000. Cadent Capital Advisors LLC acquired a new stake in StoneX Group in the third quarter valued at approximately $212,000. Finally, Evergreen Capital Management LLC acquired a new stake in StoneX Group in the second quarter valued at approximately $201,000. Institutional investors and hedge funds own 75.93% of the company’s stock.

Insider Buying and Selling

In related news, CEO Sean Michael Oconnor sold 37,500 shares of the firm’s 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 transaction, the chief executive officer now directly owns 506,994 shares in the company, valued at $49,898,349.48. This trade represents a 6.89 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director John Moore Fowler sold 1,800 shares of the firm’s stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $100.14, for a total value of $180,252.00. Following the completion of the sale, the director now owns 81,375 shares in the company, valued at $8,148,892.50. The trade was a 2.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 16.24% of the stock is currently owned by company insiders.

StoneX Group Stock Down 0.4 %

Shares of NASDAQ:SNEX opened at $103.76 on Friday. The company has a market capitalization of $3.30 billion, a price-to-earnings ratio of 13.04 and a beta of 0.75. The company has a quick ratio of 1.30, a current ratio of 1.80 and a debt-to-equity ratio of 1.26. The company has a 50 day moving average of $91.00 and a two-hundred day moving average of $82.02. StoneX Group Inc. has a 52-week low of $60.38 and a 52-week high of $106.77.

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.