StoneX Group Inc. (NASDAQ:SNEX) Shares Bought by Freedom Investment Management Inc.

Freedom Investment Management Inc. raised its holdings in shares of StoneX Group Inc. (NASDAQ:SNEX) by 2.3% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 7,051 shares of the company’s stock after buying an additional 160 shares during the quarter. Freedom Investment Management Inc.’s holdings in StoneX Group were worth $577,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. American Century Companies Inc. grew its holdings in StoneX Group by 80.3% during the second quarter. American Century Companies Inc. now owns 808,768 shares of the company’s stock worth $60,908,000 after acquiring an additional 360,164 shares during the period. Harbor Capital Advisors Inc. increased its holdings in shares of StoneX Group by 148.2% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 311,088 shares of the company’s stock valued at $25,472,000 after purchasing an additional 185,769 shares in the last quarter. Foundry Partners LLC purchased a new stake in StoneX Group during the third quarter worth $5,348,000. Assenagon Asset Management S.A. grew its position in StoneX Group by 21.4% during the second quarter. Assenagon Asset Management S.A. now owns 328,751 shares of the company’s stock valued at $24,758,000 after buying an additional 57,938 shares during the period. Finally, Janus Henderson Group PLC increased 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 buying an additional 49,355 shares in the last quarter. Institutional investors and hedge funds own 75.93% of the company’s stock.

StoneX Group Trading Down 0.4 %

SNEX stock opened at $103.76 on Friday. StoneX Group Inc. has a 52-week low of $60.38 and a 52-week high of $106.77. The company has a quick ratio of 1.30, a current ratio of 1.80 and a debt-to-equity ratio of 1.26. The firm has a market cap of $3.30 billion, a P/E ratio of 13.04 and a beta of 0.75. The company’s 50-day simple moving average is $91.00 and its 200-day simple moving average is $82.02.

Insiders Place Their Bets

In related news, Director John Moore Fowler sold 1,800 shares of the company’s stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $100.14, for a total transaction of $180,252.00. Following the completion of the transaction, the director now owns 81,375 shares in the company, valued at $8,148,892.50. This represents a 2.16 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Sean Michael Oconnor sold 37,500 shares of StoneX Group stock in a transaction dated 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 completion of the sale, the chief executive officer now owns 506,994 shares in the company, valued at approximately $49,898,349.48. The trade was 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 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.