Covestor Ltd Has $98,000 Stake in StoneX Group Inc. (NASDAQ:SNEX)

Covestor Ltd lowered its position in shares of StoneX Group Inc. (NASDAQ:SNEX) by 12.0% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,198 shares of the company’s stock after selling 164 shares during the period. Covestor Ltd’s holdings in StoneX Group were worth $98,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the company. American Century Companies Inc. lifted its holdings in shares of StoneX Group by 80.3% during the second quarter. American Century Companies Inc. now owns 808,768 shares of the company’s stock worth $60,908,000 after buying an additional 360,164 shares in the last quarter. Harbor Capital Advisors Inc. raised its stake in StoneX Group by 148.2% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 311,088 shares of the company’s stock worth $25,472,000 after purchasing an additional 185,769 shares in the last quarter. Assenagon Asset Management S.A. boosted its holdings in StoneX Group by 21.4% in the 2nd quarter. Assenagon Asset Management S.A. now owns 328,751 shares of the company’s stock valued at $24,758,000 after purchasing an additional 57,938 shares during the period. Janus Henderson Group PLC grew its position in shares of StoneX Group by 341.9% during the 1st quarter. Janus Henderson Group PLC now owns 63,791 shares of the company’s stock worth $4,480,000 after purchasing an additional 49,355 shares in the last quarter. Finally, Denali Advisors LLC grew its position in shares of StoneX Group by 1,680.4% during the 2nd quarter. Denali Advisors LLC now owns 41,500 shares of the company’s stock worth $3,125,000 after purchasing an additional 39,169 shares in the last quarter. 75.93% of the stock is owned by institutional investors and hedge funds.

StoneX Group Stock Down 1.0 %

NASDAQ SNEX opened at $97.77 on Wednesday. The company has a market cap of $3.11 billion, a price-to-earnings ratio of 13.68 and a beta of 0.75. StoneX Group Inc. has a 1-year low of $59.07 and a 1-year high of $101.61. The company has a current ratio of 1.64, a quick ratio of 1.20 and a debt-to-equity ratio of 1.04. The company has a 50 day moving average of $85.24 and a 200-day moving average of $79.61.

Insider Buying and Selling at StoneX Group

In other news, CEO Sean Michael Oconnor sold 37,500 shares of the business’s 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 transaction, the chief executive officer now directly owns 506,994 shares in the company, valued at approximately $49,898,349.48. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 16.24% of the company’s stock.

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.