Foundry Partners LLC Makes New $5.35 Million Investment in StoneX Group Inc. (NASDAQ:SNEX)

Foundry Partners LLC purchased a new position in shares of StoneX Group Inc. (NASDAQ:SNEX) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 65,321 shares of the company’s stock, valued at approximately $5,348,000. Foundry Partners LLC owned approximately 0.21% of StoneX Group as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Quest Partners LLC increased its holdings in StoneX Group by 9,133.3% in the second quarter. Quest Partners LLC now owns 554 shares of the company’s stock valued at $42,000 after buying an additional 548 shares during the last quarter. Huntington National Bank boosted its stake in shares of StoneX Group by 1,906.9% during the third quarter. Huntington National Bank now owns 582 shares of the company’s stock worth $48,000 after buying an additional 553 shares during the period. nVerses Capital LLC acquired a new stake in shares of StoneX Group during the second quarter worth about $68,000. Cadent Capital Advisors LLC acquired a new stake in StoneX Group in the third quarter valued at about $212,000. Finally, Evergreen Capital Management LLC purchased a new position in shares of StoneX Group during the 2nd quarter worth approximately $201,000. 75.93% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at StoneX Group

In related news, 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 transaction 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 $49,898,349.48. This represents a 6.89 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 16.24% of the company’s stock.

StoneX Group Stock Down 0.3 %

Shares of SNEX opened at $102.42 on Friday. The company has a quick ratio of 1.20, a current ratio of 1.64 and a debt-to-equity ratio of 1.04. The firm has a market cap of $3.26 billion, a PE ratio of 12.87 and a beta of 0.75. The company’s fifty day moving average is $88.41 and its two-hundred day moving average is $80.91. StoneX Group Inc. has a fifty-two week low of $59.07 and a fifty-two week high of $104.57.

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.