StoneX Group Inc. (NASDAQ:SNEX) Shares Acquired by Jane Street Group LLC

Jane Street Group LLC grew its position in StoneX Group Inc. (NASDAQ:SNEX) by 72.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 23,621 shares of the company’s stock after acquiring an additional 9,900 shares during the quarter. Jane Street Group LLC owned about 0.07% of StoneX Group worth $1,934,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. International Assets Investment Management LLC boosted its holdings in StoneX Group by 8,088.0% in the 3rd quarter. International Assets Investment Management LLC now owns 24,564 shares of the company’s stock valued at $2,011,000 after purchasing an additional 24,264 shares during the last quarter. Foundry Partners LLC purchased a new position in shares of StoneX Group during the third quarter worth $5,348,000. Principal Financial Group Inc. boosted its holdings in 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 acquiring an additional 14,784 shares during the period. Royce & Associates LP lifted its position in shares of StoneX Group by 38.6% during the third quarter. Royce & Associates LP now owns 154,744 shares of the company’s stock worth $12,670,000 after purchasing an additional 43,126 shares in the last quarter. Finally, FMR LLC boosted its stake in shares of StoneX Group by 4.3% in the third quarter. FMR LLC now owns 149,368 shares of the company’s stock valued at $12,230,000 after purchasing an additional 6,121 shares during the period. 75.93% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

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 value of $180,252.00. Following the sale, the director now owns 81,375 shares of the company’s stock, valued at $8,148,892.50. This trade represents a 2.16 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Sean Michael Oconnor sold 37,500 shares of the 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 completion of the sale, 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 ownership of the stock. The disclosure for this sale can be found here. Insiders own 16.24% of the company’s stock.

StoneX Group Price Performance

Shares of SNEX opened at $98.46 on Wednesday. The company has a market cap of $3.14 billion, a P/E ratio of 12.37 and a beta of 0.78. StoneX Group Inc. has a fifty-two week low of $61.68 and a fifty-two week high of $106.77. The company has a quick ratio of 1.30, a current ratio of 1.81 and a debt-to-equity ratio of 1.26. The firm’s 50 day moving average price is $96.31 and its 200 day moving average price is $84.98.

StoneX Group 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.