Barclays PLC Raises Stock Position in StoneX Group Inc. (NASDAQ:SNEX)

Barclays PLC grew its position in StoneX Group Inc. (NASDAQ:SNEX) by 359.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 46,755 shares of the company’s stock after buying an additional 36,577 shares during the period. Barclays PLC owned 0.15% of StoneX Group worth $3,828,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. International Assets Investment Management LLC grew its position in StoneX Group by 8,088.0% in the third quarter. International Assets Investment Management LLC now owns 24,564 shares of the company’s stock worth $2,011,000 after acquiring an additional 24,264 shares during the period. Foundry Partners LLC purchased a new position in shares of StoneX Group during the 3rd quarter worth $5,348,000. Principal Financial Group Inc. increased 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. Royce & Associates LP raised its holdings in StoneX Group by 38.6% in the 3rd quarter. Royce & Associates LP now owns 154,744 shares of the company’s stock valued at $12,670,000 after buying an additional 43,126 shares during the period. Finally, FMR LLC lifted its position in StoneX Group by 4.3% in the third quarter. FMR LLC now owns 149,368 shares of the company’s stock valued at $12,230,000 after buying an additional 6,121 shares during the last quarter. Institutional investors and hedge funds own 75.93% of the company’s stock.

StoneX Group Price Performance

Shares of SNEX opened at $95.06 on Monday. The firm has a 50-day simple moving average of $96.10 and a two-hundred day simple moving average of $84.74. The stock has a market cap of $3.04 billion, a PE ratio of 11.94 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 company has a debt-to-equity ratio of 1.26, a current ratio of 1.81 and a quick ratio of 1.30.

Insider Activity at StoneX Group

In related news, Director John Moore Fowler sold 1,800 shares of the firm’s stock in a transaction dated 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 directly owns 81,375 shares in the company, valued at $8,148,892.50. This trade represents a 2.16 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Sean Michael Oconnor sold 37,500 shares of the business’s stock in a transaction dated Wednesday, November 6th. The stock was 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 trade represents a 6.89 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 16.24% of the stock is owned by insiders.

StoneX Group 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.