Foundry Partners LLC Invests $5.35 Million in StoneX Group Inc. (NASDAQ:SNEX)

Foundry Partners LLC bought a new position in StoneX Group Inc. (NASDAQ:SNEX) in the third quarter, Holdings Channel.com reports. The firm bought 65,321 shares of the company’s stock, valued at approximately $5,348,000.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Intech Investment Management LLC lifted its holdings in shares of StoneX Group by 53.9% in the third quarter. Intech Investment Management LLC now owns 9,061 shares of the company’s stock worth $742,000 after acquiring an additional 3,173 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. lifted its holdings in shares of StoneX Group by 299.1% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 21,894 shares of the company’s stock worth $1,793,000 after acquiring an additional 16,408 shares during the last quarter. Quest Partners LLC lifted its holdings in shares of StoneX Group by 1,187.7% in the third quarter. Quest Partners LLC now owns 7,134 shares of the company’s stock worth $584,000 after acquiring an additional 6,580 shares during the last quarter. Sawgrass Asset Management LLC raised its holdings in StoneX Group by 13.3% in the 3rd quarter. Sawgrass Asset Management LLC now owns 3,180 shares of the company’s stock valued at $260,000 after buying an additional 373 shares during the last quarter. Finally, Natixis Advisors LLC raised its holdings in StoneX Group by 6.1% in the 3rd quarter. Natixis Advisors LLC now owns 14,224 shares of the company’s stock valued at $1,165,000 after buying an additional 816 shares during the last quarter. Institutional investors own 75.93% of the company’s stock.

StoneX Group Stock Down 0.3 %

Shares of NASDAQ SNEX opened at $102.42 on Friday. The company has a 50 day simple moving average of $88.41 and a 200 day simple moving average of $80.91. The firm has a market cap of $3.26 billion, a PE ratio of 12.87 and a beta of 0.75. StoneX Group Inc. has a 1 year low of $59.07 and a 1 year high of $104.57. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.64 and a quick ratio of 1.20.

Insider Activity at StoneX Group

In other StoneX Group news, CEO Sean Michael Oconnor sold 37,500 shares of the firm’s stock in a transaction that occurred 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 transaction, the chief executive officer now owns 506,994 shares in the company, valued at approximately $49,898,349.48. This trade represents a 6.89 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 16.24% of the stock is owned by company 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.