Assenagon Asset Management S.A. Has $24.76 Million Position in StoneX Group Inc. (NASDAQ:SNEX)

Assenagon Asset Management S.A. increased its holdings in shares of StoneX Group Inc. (NASDAQ:SNEX) by 21.4% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 328,751 shares of the company’s stock after acquiring an additional 57,938 shares during the quarter. Assenagon Asset Management S.A.’s holdings in StoneX Group were worth $24,758,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SNEX. Chatham Capital Group Inc. raised its holdings in shares of StoneX Group by 66.1% in the second quarter. Chatham Capital Group Inc. now owns 26,781 shares of the company’s stock valued at $2,017,000 after purchasing an additional 10,661 shares during the last quarter. SG Americas Securities LLC increased its stake in shares of StoneX Group by 76.0% in the second quarter. SG Americas Securities LLC now owns 5,498 shares of the company’s stock worth $414,000 after buying an additional 2,374 shares during the period. NBC Securities Inc. increased its stake in shares of StoneX Group by 1.8% in the second quarter. NBC Securities Inc. now owns 21,902 shares of the company’s stock worth $1,649,000 after buying an additional 394 shares during the period. Harbor Capital Advisors Inc. increased its stake in shares of StoneX Group by 273.4% in the second quarter. Harbor Capital Advisors Inc. now owns 125,319 shares of the company’s stock worth $9,438,000 after buying an additional 91,757 shares during the period. Finally, Janus Henderson Group PLC boosted its holdings in StoneX Group by 341.9% in the first quarter. Janus Henderson Group PLC now owns 63,791 shares of the company’s stock valued at $4,480,000 after acquiring an additional 49,355 shares in the last quarter. Institutional investors and hedge funds own 75.93% of the company’s stock.

Insider Activity at StoneX Group

In related news, CEO Charles M. Lyon sold 4,016 shares of the stock in a transaction on Monday, May 20th. The stock was sold at an average price of $74.02, for a total transaction of $297,264.32. Following the sale, the chief executive officer now owns 61,557 shares in the company, valued at approximately $4,556,449.14. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In related news, COO Xuong Nguyen sold 19,988 shares of StoneX Group stock in a transaction that occurred on Friday, June 7th. The stock was sold at an average price of $75.04, for a total transaction of $1,499,899.52. Following the completion of the transaction, the chief operating officer now directly owns 60,816 shares in the company, valued at $4,563,632.64. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Charles M. Lyon sold 4,016 shares of StoneX Group stock in a transaction that occurred on Monday, May 20th. The stock was sold at an average price of $74.02, for a total value of $297,264.32. Following the completion of the sale, the chief executive officer now directly owns 61,557 shares in the company, valued at $4,556,449.14. The disclosure for this sale can be found here. In the last ninety days, insiders sold 43,579 shares of company stock worth $3,286,058. 16.24% of the stock is owned by company insiders.

StoneX Group Stock Up 1.8 %

Shares of SNEX traded up $1.43 during trading hours on Friday, hitting $80.57. The company had a trading volume of 129,219 shares, compared to its average volume of 132,783. StoneX Group Inc. has a 52-week low of $57.46 and a 52-week high of $84.40. The firm has a fifty day moving average price of $76.58 and a 200-day moving average price of $72.17. The company has a debt-to-equity ratio of 1.52, a quick ratio of 1.20 and a current ratio of 1.61. The stock has a market capitalization of $2.56 billion, a price-to-earnings ratio of 10.74 and a beta of 0.77.

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.