StoneX Group Inc. (NASDAQ:SNEX) Stake Raised by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC grew its holdings in shares of StoneX Group Inc. (NASDAQ:SNEX) by 10.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 21,135 shares of the company’s stock after buying an additional 1,992 shares during the period. Janney Montgomery Scott LLC’s holdings in StoneX Group were worth $1,731,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Quest Partners LLC raised its holdings in shares of StoneX Group by 9,133.3% during the second quarter. Quest Partners LLC now owns 554 shares of the company’s stock valued at $42,000 after buying an additional 548 shares during the last quarter. nVerses Capital LLC bought a new stake in shares of StoneX Group during the second quarter valued at approximately $68,000. Evergreen Capital Management LLC bought a new stake in shares of StoneX Group during the second quarter valued at approximately $201,000. Sawgrass Asset Management LLC bought a new stake in shares of StoneX Group during the second quarter valued at approximately $211,000. Finally, Cadent Capital Advisors LLC acquired a new position in shares of StoneX Group during the third quarter valued at approximately $212,000. Institutional investors own 75.93% of the company’s stock.

Insiders Place Their Bets

In other StoneX Group news, CEO Sean Michael Oconnor sold 37,500 shares of StoneX Group 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 transaction, the chief executive officer now owns 506,994 shares in the company, valued at approximately $49,898,349.48. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 16.24% of the stock is currently owned by company insiders.

StoneX Group Price Performance

NASDAQ SNEX opened at $95.67 on Thursday. StoneX Group Inc. has a 12 month low of $59.07 and a 12 month high of $101.61. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.64 and a quick ratio of 1.20. The firm has a market capitalization of $3.04 billion, a PE ratio of 13.65 and a beta of 0.75. The company’s 50 day simple moving average is $85.60 and its 200 day simple moving average is $79.79.

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.