US Bancorp DE Sells 5,350 Shares of StoneX Group Inc. (NASDAQ:SNEX)

US Bancorp DE cut its holdings in shares of StoneX Group Inc. (NASDAQ:SNEX) by 69.6% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,332 shares of the company’s stock after selling 5,350 shares during the quarter. US Bancorp DE’s holdings in StoneX Group were worth $191,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Janus Henderson Group PLC raised its stake in StoneX Group by 341.9% during the 1st quarter. Janus Henderson Group PLC now owns 63,791 shares of the company’s stock valued at $4,480,000 after purchasing an additional 49,355 shares during the period. Vanguard Group Inc. raised its position in shares of StoneX Group by 1.8% during the first quarter. Vanguard Group Inc. now owns 1,909,965 shares of the company’s stock valued at $134,194,000 after buying an additional 34,112 shares during the last quarter. International Assets Investment Management LLC lifted its holdings in shares of StoneX Group by 8,088.0% in the third quarter. International Assets Investment Management LLC now owns 24,564 shares of the company’s stock worth $2,011,000 after buying an additional 24,264 shares in the last quarter. Assenagon Asset Management S.A. boosted its position in shares of StoneX Group by 21.4% during the second quarter. Assenagon Asset Management S.A. now owns 328,751 shares of the company’s stock worth $24,758,000 after acquiring an additional 57,938 shares during the last quarter. Finally, Denali Advisors LLC boosted its position in shares of StoneX Group by 1,680.4% during the second quarter. Denali Advisors LLC now owns 41,500 shares of the company’s stock worth $3,125,000 after acquiring an additional 39,169 shares during the last quarter. 75.93% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, CEO Sean Michael Oconnor sold 37,500 shares of the stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $98.42, for a total transaction 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. This represents a 6.89 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 16.24% of the company’s stock.

StoneX Group Stock Performance

Shares of NASDAQ SNEX opened at $95.81 on Friday. The company has a market cap of $3.05 billion, a P/E ratio of 13.26 and a beta of 0.75. StoneX Group Inc. has a 52-week low of $59.07 and a 52-week high of $101.61. 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 $85.94 and its two-hundred day moving average is $79.90.

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.