StoneX Group Inc. (NASDAQ:SNEX) Shares Acquired by ClearAlpha Technologies LP

ClearAlpha Technologies LP lifted its stake in StoneX Group Inc. (NASDAQ:SNEX) by 114.9% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 10,256 shares of the company’s stock after purchasing an additional 5,484 shares during the period. ClearAlpha Technologies LP’s holdings in StoneX Group were worth $840,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Quest Partners LLC grew its stake 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 worth $42,000 after purchasing an additional 548 shares in the last quarter. Huntington National Bank increased its holdings in shares of StoneX Group by 1,906.9% in the 3rd quarter. Huntington National Bank now owns 582 shares of the company’s stock valued at $48,000 after acquiring an additional 553 shares during the period. nVerses Capital LLC purchased a new stake in StoneX Group in the 2nd quarter valued at $68,000. Evergreen Capital Management LLC purchased a new stake in StoneX Group in the 2nd quarter valued at $201,000. Finally, Sawgrass Asset Management LLC acquired a new stake in StoneX Group during the 2nd quarter worth $211,000. 75.93% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at StoneX Group

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 stock was sold at an average price of $98.42, for a total value of $3,690,750.00. Following the sale, the chief executive officer now owns 506,994 shares of the company’s stock, valued at approximately $49,898,349.48. The trade was a 6.89 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 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 directly owns 81,375 shares of the company’s stock, valued at $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. Company insiders own 16.24% of the company’s stock.

StoneX Group Stock Performance

NASDAQ SNEX opened at $103.76 on Monday. The firm has a market cap of $3.30 billion, a P/E ratio of 13.04 and a beta of 0.75. StoneX Group Inc. has a 52-week low of $60.38 and a 52-week high of $106.77. The business’s 50-day moving average price is $91.00 and its 200 day moving average price is $82.12. The company has a quick ratio of 1.30, a current ratio of 1.80 and a debt-to-equity ratio of 1.26.

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.