Hohimer Wealth Management LLC Increases Stock Position in StoneX Group Inc. (NASDAQ:SNEX)

Hohimer Wealth Management LLC increased its holdings in shares of StoneX Group Inc. (NASDAQ:SNEX) by 2.1% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 6,778 shares of the company’s stock after purchasing an additional 137 shares during the period. Hohimer Wealth Management LLC’s holdings in StoneX Group were worth $555,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of SNEX. Quest Partners LLC boosted its position in StoneX Group by 9,133.3% during the 2nd quarter. Quest Partners LLC now owns 554 shares of the company’s stock valued at $42,000 after acquiring an additional 548 shares in the last quarter. Huntington National Bank lifted its stake in shares of StoneX Group by 1,906.9% during the 3rd quarter. Huntington National Bank now owns 582 shares of the company’s stock worth $48,000 after purchasing an additional 553 shares during the last quarter. nVerses Capital LLC bought a new stake in StoneX Group during the second quarter valued at about $68,000. Cadent Capital Advisors LLC purchased a new position in StoneX Group in the third quarter valued at about $212,000. Finally, Evergreen Capital Management LLC bought a new position in StoneX Group in the second quarter worth about $201,000. 75.93% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, Director John Moore Fowler sold 1,800 shares of the company’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 transaction, 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 position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO Sean Michael Oconnor sold 37,500 shares of the stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $98.42, for a total value of $3,690,750.00. Following the completion of the sale, the chief executive officer now owns 506,994 shares of the company’s stock, valued at approximately $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 currently owned by company insiders.

StoneX Group Stock Performance

SNEX stock opened at $102.19 on Wednesday. StoneX Group Inc. has a one year low of $61.68 and a one year high of $106.77. The firm has a market cap of $3.26 billion, a price-to-earnings ratio of 12.84 and a beta of 0.78. The company has a debt-to-equity ratio of 1.26, a quick ratio of 1.30 and a current ratio of 1.81. The firm has a 50-day simple moving average of $94.02 and a two-hundred day simple moving average of $83.54.

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.