Dynamic Technology Lab Private Ltd acquired a new stake in shares of StoneX Group Inc. (NASDAQ:SNEX – Free Report) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 6,279 shares of the company’s stock, valued at approximately $464,000.
Other institutional investors have also added to or reduced their stakes in the company. Naples Money Management LLC purchased a new stake in StoneX Group in the fourth quarter worth $30,000. Parkside Financial Bank & Trust increased its stake in shares of StoneX Group by 45.2% in the 4th quarter. Parkside Financial Bank & Trust now owns 601 shares of the company’s stock worth $44,000 after acquiring an additional 187 shares in the last quarter. Allworth Financial LP lifted its position in StoneX Group by 49.5% during the 4th quarter. Allworth Financial LP now owns 815 shares of the company’s stock valued at $60,000 after acquiring an additional 270 shares during the period. Quadrant Capital Group LLC boosted its stake in StoneX Group by 107.2% during the fourth quarter. Quadrant Capital Group LLC now owns 953 shares of the company’s stock worth $70,000 after acquiring an additional 493 shares in the last quarter. Finally, Covestor Ltd grew its holdings in StoneX Group by 29.2% in the third quarter. Covestor Ltd now owns 1,975 shares of the company’s stock worth $191,000 after purchasing an additional 446 shares during the period. 75.93% of the stock is currently owned by institutional investors.
StoneX Group Price Performance
SNEX stock opened at $74.94 on Friday. The company has a debt-to-equity ratio of 1.52, a quick ratio of 1.20 and a current ratio of 1.61. The firm has a 50 day moving average price of $70.77 and a 200-day moving average price of $68.34. StoneX Group Inc. has a 52-week low of $52.93 and a 52-week high of $80.00. The firm has a market capitalization of $2.38 billion, a price-to-earnings ratio of 9.99 and a beta of 0.86.
Insider Activity at StoneX Group
In other news, Director John Moore Fowler sold 600 shares of the stock in a transaction on Friday, March 1st. The stock was sold at an average price of $68.94, for a total value of $41,364.00. Following the sale, the director now directly owns 83,878 shares of the company’s stock, valued at $5,782,549.32. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. In related news, Director Scott J. Branch sold 7,500 shares of the company’s stock in a transaction that occurred on Wednesday, March 13th. The stock was sold at an average price of $67.29, for a total value of $504,675.00. Following the transaction, the director now directly owns 512,434 shares of the company’s stock, valued at approximately $34,481,683.86. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director John Moore Fowler sold 600 shares of the stock in a transaction on Friday, March 1st. The shares were sold at an average price of $68.94, for a total value of $41,364.00. Following the sale, the director now owns 83,878 shares in the company, valued at $5,782,549.32. The disclosure for this sale can be found here. Insiders sold a total of 52,092 shares of company stock valued at $3,720,423 in the last 90 days. Corporate insiders own 16.24% of the company’s stock.
StoneX Group Profile
(Free Report)
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.
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