Janney Montgomery Scott LLC Decreases Stake in StoneX Group Inc. (NASDAQ:SNEX)

Janney Montgomery Scott LLC cut its position in StoneX Group Inc. (NASDAQ:SNEX) by 2.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 20,623 shares of the company’s stock after selling 512 shares during the period. Janney Montgomery Scott LLC owned 0.06% of StoneX Group worth $2,020,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. State Street Corp increased its holdings in StoneX Group by 2.8% in the third quarter. State Street Corp now owns 1,147,861 shares of the company’s stock valued at $93,987,000 after buying an additional 31,681 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of StoneX Group by 2.7% in the 3rd 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 last quarter. Rockefeller Capital Management L.P. increased its holdings in shares of StoneX Group by 6.5% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 623,182 shares of the company’s stock valued at $51,022,000 after acquiring an additional 37,808 shares during the last quarter. Assenagon Asset Management S.A. raised its position in shares of StoneX Group by 1.2% during the 3rd quarter. Assenagon Asset Management S.A. now owns 332,573 shares of the company’s stock worth $27,231,000 after acquiring an additional 3,822 shares in the last quarter. Finally, Harbor Capital Advisors Inc. lifted its stake in StoneX Group by 2.3% during the fourth quarter. Harbor Capital Advisors Inc. now owns 318,125 shares of the company’s stock worth $31,167,000 after purchasing an additional 7,037 shares during the last quarter. 75.93% of the stock is currently owned by institutional investors and hedge funds.

StoneX Group Trading Down 0.7 %

Shares of StoneX Group stock opened at $109.52 on Monday. 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 fifty day simple moving average of $102.45 and a 200-day simple moving average of $90.84. The stock has a market cap of $3.51 billion, a price-to-earnings ratio of 13.76 and a beta of 0.77. StoneX Group Inc. has a 12-month low of $61.68 and a 12-month high of $111.30.

Insider Buying and Selling at StoneX Group

In other 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 transaction of $180,252.00. Following the transaction, the director now directly owns 81,375 shares in the company, valued at approximately $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 SEC, which is accessible through this link. 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 transaction of $3,690,750.00. Following the completion of the sale, 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 position. The disclosure for this sale can be found here. 11.70% of the stock is currently owned by insiders.

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.