StoneX Group Inc. (NASDAQ:SNEX) Shares Purchased by Jane Street Group LLC

Jane Street Group LLC lifted its stake in shares of StoneX Group Inc. (NASDAQ:SNEX) by 72.2% during the third quarter, Holdings Channel reports. The fund owned 23,621 shares of the company’s stock after purchasing an additional 9,900 shares during the quarter. Jane Street Group LLC’s holdings in StoneX Group were worth $1,934,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the company. Quest Partners LLC grew its position in 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 acquiring an additional 548 shares during the period. Huntington National Bank boosted its stake in shares of StoneX Group by 1,906.9% in the third quarter. Huntington National Bank now owns 582 shares of the company’s stock valued at $48,000 after purchasing an additional 553 shares during the period. nVerses Capital LLC acquired a new position in StoneX Group in the 2nd quarter worth $68,000. Cadent Capital Advisors LLC acquired a new stake in shares of StoneX Group during the third quarter valued at about $212,000. Finally, Evergreen Capital Management LLC acquired a new position in shares of StoneX Group in the second quarter worth about $201,000. Institutional investors and hedge funds own 75.93% of the company’s stock.

StoneX Group Stock Performance

Shares of SNEX opened at $98.46 on Wednesday. StoneX Group Inc. has a 52-week low of $61.68 and a 52-week high of $106.77. The company has a quick ratio of 1.30, a current ratio of 1.81 and a debt-to-equity ratio of 1.26. The firm has a market cap of $3.14 billion, a price-to-earnings ratio of 12.37 and a beta of 0.78. The business’s 50 day moving average is $96.31 and its two-hundred day moving average is $84.98.

Insider Transactions at StoneX Group

In other StoneX Group news, CEO Sean Michael Oconnor sold 37,500 shares of the business’s stock in a transaction dated 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 transaction, the chief executive officer now directly owns 506,994 shares of the company’s stock, valued at $49,898,349.48. The trade was a 6.89 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, 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 value of $180,252.00. Following the completion of the sale, the director now owns 81,375 shares in the company, valued at approximately $8,148,892.50. This represents a 2.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 16.24% of the company’s stock.

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.