StoneX Group Inc. (NASDAQ:SNEX) Shares Sold by Cynosure Group LLC

Cynosure Group LLC lessened its holdings in StoneX Group Inc. (NASDAQ:SNEX) by 58.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,400 shares of the company’s stock after selling 6,122 shares during the period. Cynosure Group LLC’s holdings in StoneX Group were worth $360,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of the business. FMR LLC lifted its position in StoneX Group by 4.3% in the third quarter. FMR LLC now owns 149,368 shares of the company’s stock valued at $12,230,000 after buying an additional 6,121 shares during the last quarter. Dynamic Technology Lab Private Ltd raised its stake in shares of StoneX Group by 28.0% in the 3rd quarter. Dynamic Technology Lab Private Ltd now owns 6,687 shares of the company’s stock valued at $548,000 after acquiring an additional 1,461 shares during the period. Algert Global LLC raised its stake in shares of StoneX Group by 25.5% in the 3rd quarter. Algert Global LLC now owns 9,389 shares of the company’s stock valued at $769,000 after acquiring an additional 1,910 shares during the period. Citigroup Inc. lifted its holdings in shares of StoneX Group by 52.2% in the 3rd quarter. Citigroup Inc. now owns 47,597 shares of the company’s stock worth $3,897,000 after acquiring an additional 16,326 shares during the last quarter. Finally, Eagle Asset Management Inc. boosted its position in shares of StoneX Group by 12.4% during the 3rd quarter. Eagle Asset Management Inc. now owns 80,635 shares of the company’s stock worth $6,602,000 after purchasing an additional 8,912 shares during the period. 75.93% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at StoneX Group

In related news, CEO Sean Michael Oconnor sold 37,500 shares of StoneX Group stock in a transaction that occurred on 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 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 sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director John Moore Fowler sold 1,800 shares of the stock in a transaction that occurred 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 sale, the director now owns 81,375 shares in the company, valued at approximately $8,148,892.50. This trade represents a 2.16 % 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.

StoneX Group Stock Down 0.2 %

Shares of NASDAQ SNEX opened at $104.18 on Friday. StoneX Group Inc. has a 52-week low of $59.28 and a 52-week high of $106.77. The business’s 50 day moving average is $90.59 and its two-hundred day moving average is $81.83. The firm has a market cap of $3.31 billion, a price-to-earnings ratio of 13.09 and a beta of 0.75. The company has a quick ratio of 1.30, a current ratio of 1.80 and a debt-to-equity ratio of 1.26.

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.