Harbor Capital Advisors Inc. Has $31.17 Million Holdings in StoneX Group Inc. (NASDAQ:SNEX)

Harbor Capital Advisors Inc. grew its holdings in shares of StoneX Group Inc. (NASDAQ:SNEX) by 2.3% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 318,125 shares of the company’s stock after buying an additional 7,037 shares during the quarter. StoneX Group accounts for about 1.4% of Harbor Capital Advisors Inc.’s investment portfolio, making the stock its biggest position. Harbor Capital Advisors Inc. owned 1.00% of StoneX Group worth $31,167,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Diversified Trust Co purchased a new stake in shares of StoneX Group in the fourth quarter valued at approximately $298,000. Principal Financial Group Inc. raised its holdings in shares of StoneX Group by 11.0% in the third quarter. Principal Financial Group Inc. now owns 149,442 shares of the company’s stock valued at $12,236,000 after acquiring an additional 14,784 shares in the last quarter. Hohimer Wealth Management LLC lifted its stake in StoneX Group by 2.1% in the third quarter. Hohimer Wealth Management LLC now owns 6,778 shares of the company’s stock worth $555,000 after acquiring an additional 137 shares during the period. Geode Capital Management LLC raised its holdings in shares of StoneX Group by 2.7% in the 3rd quarter. Geode Capital Management LLC now owns 671,257 shares of the company’s stock valued at $54,973,000 after purchasing an additional 17,769 shares in the last quarter. Finally, Vestcor Inc purchased a new stake in shares of StoneX Group in the 3rd quarter worth approximately $565,000. 75.93% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at StoneX Group

In related news, CEO Sean Michael Oconnor sold 37,500 shares of the business’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 $49,898,349.48. The trade was a 6.89 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director John Moore Fowler sold 1,800 shares of StoneX Group stock in a transaction on Friday, November 22nd. The stock was 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 directly owns 81,375 shares in the company, 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. Insiders own 16.24% of the company’s stock.

StoneX Group Stock Down 4.7 %

SNEX stock traded down $4.80 during trading on Friday, hitting $97.40. 44,381 shares of the company’s stock traded hands, compared to its average volume of 169,096. The firm has a market capitalization of $3.11 billion, a P/E ratio of 12.24 and a beta of 0.77. StoneX Group Inc. has a 1 year low of $61.68 and a 1 year high of $106.77. The company has a quick ratio of 1.30, a current ratio of 1.81 and a debt-to-equity ratio of 1.26. The business has a fifty day simple moving average of $99.56 and a two-hundred day simple moving average of $87.35.

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.