StoneX Group Inc. (NASDAQ:SNEX) Shares Acquired by Citigroup Inc.

Citigroup Inc. lifted its holdings in StoneX Group Inc. (NASDAQ:SNEX) by 52.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 47,597 shares of the company’s stock after acquiring an additional 16,326 shares during the quarter. Citigroup Inc. owned 0.15% of StoneX Group worth $3,897,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in SNEX. Van Berkom & Associates Inc. boosted its holdings in StoneX Group by 1.6% during the second quarter. Van Berkom & Associates Inc. now owns 1,415,432 shares of the company’s stock worth $106,596,000 after buying an additional 21,608 shares in the last quarter. American Century Companies Inc. lifted its holdings in StoneX Group by 80.3% during the second quarter. American Century Companies Inc. now owns 808,768 shares of the company’s stock valued at $60,908,000 after purchasing an additional 360,164 shares in the last quarter. Assenagon Asset Management S.A. lifted its holdings in StoneX Group by 1.2% during the third quarter. Assenagon Asset Management S.A. now owns 332,573 shares of the company’s stock valued at $27,231,000 after purchasing an additional 3,822 shares in the last quarter. Harbor Capital Advisors Inc. lifted its stake in shares of StoneX Group by 148.2% in the third quarter. Harbor Capital Advisors Inc. now owns 311,088 shares of the company’s stock worth $25,472,000 after buying an additional 185,769 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its stake in shares of StoneX Group by 1.8% in the second quarter. Bank of New York Mellon Corp now owns 222,168 shares of the company’s stock worth $16,731,000 after buying an additional 3,855 shares in the last quarter. Institutional investors and hedge funds own 75.93% of the company’s stock.

Insider Transactions at StoneX Group

In other news, CEO Sean Michael Oconnor sold 37,500 shares of the firm’s stock in a transaction that occurred 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 approximately $49,898,349.48. This trade represents a 6.89 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, 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 completion of the transaction, the director now owns 81,375 shares of the company’s stock, valued at $8,148,892.50. This represents a 2.16 % decrease in their position. The disclosure for this sale can be found here. Insiders own 16.24% of the company’s stock.

StoneX Group Stock Performance

NASDAQ:SNEX opened at $103.91 on Wednesday. The company’s 50-day moving average price is $91.86 and its 200-day moving average price is $82.52. The company has a current ratio of 1.81, a quick ratio of 1.30 and a debt-to-equity ratio of 1.26. The company has a market cap of $3.32 billion, a P/E ratio of 13.05 and a beta of 0.78. StoneX Group Inc. has a twelve month low of $60.94 and a twelve month high of $106.77.

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.