Motley Fool Asset Management LLC Has $10 Million Stake in StoneX Group Inc. (NASDAQ:SNEX)

Motley Fool Asset Management LLC lifted its position in shares of StoneX Group Inc. (NASDAQ:SNEX) by 0.7% during the 3rd quarter, HoldingsChannel reports. The fund owned 124,057 shares of the company’s stock after purchasing an additional 834 shares during the period. Motley Fool Asset Management LLC’s holdings in StoneX Group were worth $10,001,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. ClearAlpha Technologies LP boosted its holdings in shares of StoneX Group by 114.9% during the 3rd quarter. ClearAlpha Technologies LP now owns 10,256 shares of the company’s stock valued at $840,000 after acquiring an additional 5,484 shares in the last quarter. Verition Fund Management LLC lifted its holdings in StoneX Group by 118.3% during the 3rd quarter. Verition Fund Management LLC now owns 6,194 shares of the company’s stock worth $507,000 after buying an additional 3,357 shares during the period. Rockefeller Capital Management L.P. lifted its holdings in StoneX Group by 6.5% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 623,182 shares of the company’s stock worth $51,022,000 after buying an additional 37,808 shares during the period. Martingale Asset Management L P lifted its holdings in StoneX Group by 30.6% during the 3rd quarter. Martingale Asset Management L P now owns 45,710 shares of the company’s stock worth $3,743,000 after buying an additional 10,723 shares during the period. Finally, Freedom Investment Management Inc. lifted its holdings in StoneX Group by 2.3% during the 3rd quarter. Freedom Investment Management Inc. now owns 7,051 shares of the company’s stock worth $577,000 after buying an additional 160 shares during the period. Institutional investors and hedge funds own 75.93% of the company’s stock.

StoneX Group Stock Down 0.8 %

Shares of SNEX opened at $103.91 on Wednesday. The company has a market capitalization of $3.32 billion, a PE ratio of 13.05 and a beta of 0.78. StoneX Group Inc. has a 12 month low of $60.94 and a 12 month high of $106.77. The stock’s 50-day moving average price is $91.86 and its two-hundred day moving average price is $82.52. The company has a current ratio of 1.81, a quick ratio of 1.30 and a debt-to-equity ratio of 1.26.

Insiders Place Their Bets

In other news, Director John Moore Fowler sold 1,800 shares of the business’s stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $100.14, for a total value 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. The trade was a 2.16 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Sean Michael Oconnor sold 37,500 shares of the business’s 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 transaction, the chief executive officer now directly owns 506,994 shares in the company, valued at $49,898,349.48. This represents a 6.89 % 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.

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.