Rockefeller Capital Management L.P. Decreases Position in StoneX Group Inc. $SNEX

Rockefeller Capital Management L.P. cut its stake in shares of StoneX Group Inc. (NASDAQ:SNEX) by 95.2% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 42,510 shares of the company’s stock after selling 846,674 shares during the period. Rockefeller Capital Management L.P. owned approximately 0.09% of StoneX Group worth $3,874,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of SNEX. Bank of Montreal Can raised its stake in shares of StoneX Group by 1.5% during the second quarter. Bank of Montreal Can now owns 8,640 shares of the company’s stock valued at $787,000 after purchasing an additional 128 shares during the period. PNC Financial Services Group Inc. grew its holdings in StoneX Group by 1.3% during the 2nd quarter. PNC Financial Services Group Inc. now owns 11,047 shares of the company’s stock valued at $1,007,000 after purchasing an additional 137 shares in the last quarter. Ridgewood Investments LLC grew its holdings in StoneX Group by 50.0% during the 1st quarter. Ridgewood Investments LLC now owns 450 shares of the company’s stock valued at $34,000 after purchasing an additional 150 shares in the last quarter. Amalgamated Bank increased its stake in StoneX Group by 1.2% during the 2nd quarter. Amalgamated Bank now owns 12,329 shares of the company’s stock worth $1,124,000 after buying an additional 150 shares during the period. Finally, Smartleaf Asset Management LLC lifted its holdings in StoneX Group by 25.2% in the 1st quarter. Smartleaf Asset Management LLC now owns 821 shares of the company’s stock worth $62,000 after buying an additional 165 shares in the last quarter. Hedge funds and other institutional investors own 75.93% of the company’s stock.

StoneX Group Price Performance

Shares of NASDAQ SNEX opened at $83.71 on Friday. The company has a current ratio of 2.08, a quick ratio of 1.48 and a debt-to-equity ratio of 1.30. The company has a market capitalization of $4.37 billion, a price-to-earnings ratio of 14.26 and a beta of 0.51. StoneX Group Inc. has a twelve month low of $60.58 and a twelve month high of $106.98. The business has a 50 day simple moving average of $94.60 and a 200-day simple moving average of $92.78.

Insider Buying and Selling at StoneX Group

In other news, Director John Moore Fowler sold 1,125 shares of the firm’s stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $91.20, for a total value of $102,600.00. Following the transaction, the director directly owned 114,769 shares in the company, valued at approximately $10,466,932.80. This trade represents a 0.97% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 11.70% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently weighed in on SNEX. Weiss Ratings restated a “buy (b-)” rating on shares of StoneX Group in a research note on Wednesday. Zacks Research downgraded StoneX Group from a “strong-buy” rating to a “hold” rating in a report on Monday, October 6th. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy”.

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.