Insider Selling: StoneX Group Inc. (NASDAQ:SNEX) Director Sells 1,800 Shares of Stock

StoneX Group Inc. (NASDAQ:SNEX) Director John Moore Fowler sold 1,800 shares of the business’s stock in a transaction 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 transaction, the director now owns 81,375 shares of the company’s stock, valued at approximately $8,148,892.50. This represents a 2.16 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

StoneX Group Price Performance

Shares of StoneX Group stock traded up $2.48 during trading hours on Monday, reaching $104.93. The stock had a trading volume of 156,951 shares, compared to its average volume of 134,373. The stock’s 50 day moving average is $88.85 and its 200 day moving average is $81.14. The company has a current ratio of 1.80, a quick ratio of 1.30 and a debt-to-equity ratio of 1.26. StoneX Group Inc. has a twelve month low of $59.28 and a twelve month high of $105.57. The firm has a market capitalization of $3.34 billion, a PE ratio of 13.19 and a beta of 0.75.

Hedge Funds Weigh In On StoneX Group

A number of hedge funds have recently bought and sold shares of SNEX. Quest Partners LLC raised its stake in shares of StoneX Group by 9,133.3% during the 2nd quarter. Quest Partners LLC now owns 554 shares of the company’s stock worth $42,000 after buying an additional 548 shares during the period. Huntington National Bank raised its position in StoneX Group by 1,906.9% during the third quarter. Huntington National Bank now owns 582 shares of the company’s stock worth $48,000 after acquiring an additional 553 shares during the period. nVerses Capital LLC purchased a new position in StoneX Group during the second quarter valued at $68,000. Evergreen Capital Management LLC purchased a new stake in shares of StoneX Group during the second quarter worth about $201,000. Finally, Sawgrass Asset Management LLC acquired a new position in shares of StoneX Group during the 2nd quarter worth about $211,000. Hedge funds and other institutional investors own 75.93% 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.