JPMorgan Chase & Co. Sells 28,000 Shares of StoneX Group Inc. (NASDAQ:SNEX)

JPMorgan Chase & Co. decreased its position in shares of StoneX Group Inc. (NASDAQ:SNEX) by 14.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 161,189 shares of the company’s stock after selling 28,000 shares during the period. JPMorgan Chase & Co. owned 0.50% of StoneX Group worth $13,198,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of SNEX. Principal Financial Group Inc. lifted its position 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 worth $12,236,000 after purchasing an additional 14,784 shares during the last quarter. Hohimer Wealth Management LLC lifted its holdings in shares of StoneX Group by 2.1% during the third quarter. Hohimer Wealth Management LLC now owns 6,778 shares of the company’s stock worth $555,000 after buying an additional 137 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of StoneX Group by 2.7% in the third quarter. Geode Capital Management LLC now owns 671,257 shares of the company’s stock valued at $54,973,000 after acquiring an additional 17,769 shares during the period. Vestcor Inc acquired a new stake in shares of StoneX Group in the third quarter worth $565,000. Finally, Barclays PLC grew its stake in shares of StoneX Group by 359.4% in the third quarter. Barclays PLC now owns 46,755 shares of the company’s stock worth $3,828,000 after acquiring an additional 36,577 shares during the last quarter. 75.93% of the stock is currently owned by institutional investors.

StoneX Group Price Performance

NASDAQ:SNEX opened at $98.59 on Friday. The company has a debt-to-equity ratio of 1.26, a current ratio of 1.81 and a quick ratio of 1.30. StoneX Group Inc. has a one year low of $61.68 and a one year high of $106.77. The company has a fifty day moving average price of $99.71 and a 200 day moving average price of $87.63. The stock has a market cap of $3.15 billion, a P/E ratio of 12.39 and a beta of 0.77.

Insider Transactions at StoneX Group

In other news, Director John Moore Fowler sold 1,800 shares of StoneX Group stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $100.14, for a total transaction of $180,252.00. Following the sale, the director now owns 81,375 shares of the company’s stock, valued at approximately $8,148,892.50. This trade represents a 2.16 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Sean Michael Oconnor sold 37,500 shares of the company’s stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $98.42, for a total value of $3,690,750.00. Following the completion of the transaction, the chief executive officer now owns 506,994 shares of the company’s stock, 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. Insiders own 16.24% 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.