StoneX Group (NASDAQ:SNEX) Reaches New 1-Year High – Here’s What Happened

Shares of StoneX Group Inc. (NASDAQ:SNEX) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $105.71 and last traded at $105.41, with a volume of 40062 shares trading hands. The stock had previously closed at $104.56.

StoneX Group Trading Down 0.2 %

The company’s 50-day moving average is $90.20 and its 200 day moving average is $81.67. The company has a current ratio of 1.80, a quick ratio of 1.30 and a debt-to-equity ratio of 1.26. The firm has a market cap of $3.31 billion, a PE ratio of 13.09 and a beta of 0.75.

Insider Buying and Selling at StoneX Group

In related news, Director John Moore Fowler sold 1,800 shares of the firm’s stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $100.14, for a total transaction of $180,252.00. Following the completion of the sale, the director now directly owns 81,375 shares in the company, valued at approximately $8,148,892.50. This trade represents a 2.16 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, 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 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. The trade was a 6.89 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 16.24% of the company’s stock.

Institutional Investors Weigh In On StoneX Group

A number of institutional investors have recently modified their holdings of the stock. Janus Henderson Group PLC raised its holdings in shares of StoneX Group by 341.9% during the first quarter. Janus Henderson Group PLC now owns 63,791 shares of the company’s stock worth $4,480,000 after acquiring an additional 49,355 shares in the last quarter. Vanguard Group Inc. increased its position in StoneX Group by 1.8% in the 1st quarter. Vanguard Group Inc. now owns 1,909,965 shares of the company’s stock worth $134,194,000 after purchasing an additional 34,112 shares during the last quarter. International Assets Investment Management LLC raised its stake in shares of StoneX Group by 8,088.0% during the 3rd quarter. International Assets Investment Management LLC now owns 24,564 shares of the company’s stock worth $2,011,000 after purchasing an additional 24,264 shares in the last quarter. Assenagon Asset Management S.A. lifted its holdings in shares of StoneX Group by 21.4% during the 2nd quarter. Assenagon Asset Management S.A. now owns 328,751 shares of the company’s stock valued at $24,758,000 after buying an additional 57,938 shares during the last quarter. Finally, Principal Financial Group Inc. lifted its holdings in shares of StoneX Group by 11.0% during the 3rd quarter. Principal Financial Group Inc. now owns 149,442 shares of the company’s stock valued at $12,236,000 after buying an additional 14,784 shares during the last quarter. Institutional investors and hedge funds own 75.93% of the company’s stock.

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.