StoneX Group Inc. (NASDAQ:SNEX) Shares Sold by State of New Jersey Common Pension Fund D

State of New Jersey Common Pension Fund D lowered its holdings in StoneX Group Inc. (NASDAQ:SNEX) by 0.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 24,434 shares of the company’s stock after selling 206 shares during the quarter. State of New Jersey Common Pension Fund D’s holdings in StoneX Group were worth $2,001,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Atria Investments Inc increased its stake in shares of StoneX Group by 20.2% in the third quarter. Atria Investments Inc now owns 8,112 shares of the company’s stock worth $664,000 after acquiring an additional 1,362 shares during the period. Principal Financial Group Inc. increased its stake in shares of StoneX Group by 11.0% in the third quarter. Principal Financial Group Inc. now owns 149,442 shares of the company’s stock worth $12,236,000 after acquiring an additional 14,784 shares during the period. Woodmont Investment Counsel LLC increased its stake in shares of StoneX Group by 1.5% in the third quarter. Woodmont Investment Counsel LLC now owns 132,409 shares of the company’s stock worth $10,842,000 after acquiring an additional 1,935 shares during the period. Harbor Capital Advisors Inc. grew its position in StoneX Group by 148.2% during the third quarter. Harbor Capital Advisors Inc. now owns 311,088 shares of the company’s stock valued at $25,472,000 after buying an additional 185,769 shares during the period. Finally, Janney Montgomery Scott LLC grew its position in StoneX Group by 10.4% during the third quarter. Janney Montgomery Scott LLC now owns 21,135 shares of the company’s stock valued at $1,731,000 after buying an additional 1,992 shares during the period. Institutional investors and hedge funds own 75.93% of the company’s stock.

StoneX Group Stock Up 1.5 %

SNEX stock opened at $97.27 on Friday. The firm has a market cap of $3.09 billion, a PE ratio of 13.49 and a beta of 0.75. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.20 and a current ratio of 1.64. The firm’s fifty day moving average is $86.65 and its 200 day moving average is $80.23. StoneX Group Inc. has a one year low of $59.07 and a one year high of $101.61.

Insider Activity at StoneX Group

In other StoneX Group news, CEO Sean Michael Oconnor sold 37,500 shares of the stock in a transaction on Wednesday, November 6th. The shares were 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 of the company’s stock, valued at $49,898,349.48. This trade represents a 6.89 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 16.24% of the stock is owned by company insiders.

StoneX Group Company 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.