StoneX Group Inc. (NASDAQ:SNEX) Shares Sold by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. lessened its stake in shares of StoneX Group Inc. (NASDAQ:SNEX) by 8.1% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 270,054 shares of the company’s stock after selling 23,826 shares during the quarter. Charles Schwab Investment Management Inc. owned about 0.85% of StoneX Group worth $22,112,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. State of Alaska Department of Revenue boosted its position in shares of StoneX Group by 0.9% in the third quarter. State of Alaska Department of Revenue now owns 16,146 shares of the company’s stock worth $1,322,000 after acquiring an additional 145 shares during the last quarter. SummerHaven Investment Management LLC increased its holdings in StoneX Group by 1.6% during the 2nd quarter. SummerHaven Investment Management LLC now owns 12,699 shares of the company’s stock worth $956,000 after purchasing an additional 199 shares during the last quarter. Arizona State Retirement System raised its holdings in StoneX Group by 3.0% in the second quarter. Arizona State Retirement System now owns 7,949 shares of the company’s stock valued at $599,000 after acquiring an additional 234 shares in the last quarter. Louisiana State Employees Retirement System lifted its position in shares of StoneX Group by 2.2% during the second quarter. Louisiana State Employees Retirement System now owns 13,700 shares of the company’s stock worth $1,032,000 after purchasing an additional 300 shares during the last quarter. Finally, Millington Financial Advisors LLC grew its position in shares of StoneX Group by 1.5% in the 2nd quarter. Millington Financial Advisors LLC now owns 21,860 shares of the company’s stock worth $1,646,000 after acquiring an additional 331 shares in the last quarter. Hedge funds and other institutional investors own 75.93% of the company’s stock.

Insiders Place Their Bets

In other StoneX Group news, Director John Moore Fowler sold 1,800 shares of the company’s stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $100.14, for a total value of $180,252.00. Following 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 filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Sean Michael Oconnor sold 37,500 shares of the business’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 transaction of $3,690,750.00. Following the sale, the chief executive officer now owns 506,994 shares in the company, valued at $49,898,349.48. This represents a 6.89 % decrease in their position. The disclosure for this sale can be found here. 16.24% of the stock is owned by insiders.

StoneX Group Trading Up 0.1 %

StoneX Group stock opened at $103.92 on Friday. The company has a market cap of $3.32 billion, a P/E ratio of 13.06 and a beta of 0.78. StoneX Group Inc. has a 1 year low of $61.68 and a 1 year high of $106.77. The firm’s 50-day moving average is $92.74 and its 200-day moving average is $82.82. The company has a debt-to-equity ratio of 1.26, a quick ratio of 1.30 and a current ratio of 1.81.

StoneX Group Company 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.