Sean Michael Oconnor Sells 37,500 Shares of StoneX Group Inc. (NASDAQ:SNEX) Stock

StoneX Group Inc. (NASDAQ:SNEX) CEO Sean Michael Oconnor sold 37,500 shares of the company’s stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $98.42, for a total transaction of $3,690,750.00. Following the transaction, the chief executive officer now owns 506,994 shares of the company’s stock, valued at approximately $49,898,349.48. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link.

StoneX Group Trading Up 0.2 %

Shares of StoneX Group stock opened at $97.31 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 $3.09 billion, a price-to-earnings ratio of 13.49 and a beta of 0.75. StoneX Group Inc. has a 52-week low of $59.07 and a 52-week high of $101.61. The company’s 50-day simple moving average is $84.92 and its 200-day simple moving average is $79.28.

Hedge Funds Weigh In On StoneX Group

Several institutional investors and hedge funds have recently added to or reduced their stakes in SNEX. State of Alaska Department of Revenue lifted its holdings in shares of StoneX Group by 0.9% in the 3rd quarter. State of Alaska Department of Revenue now owns 16,146 shares of the company’s stock valued at $1,322,000 after buying an additional 145 shares during the period. SummerHaven Investment Management LLC lifted its holdings in StoneX Group by 1.6% in the second quarter. SummerHaven Investment Management LLC now owns 12,699 shares of the company’s stock valued at $956,000 after acquiring an additional 199 shares during the period. Arizona State Retirement System boosted its position in shares of StoneX Group by 3.0% during the 2nd quarter. Arizona State Retirement System now owns 7,949 shares of the company’s stock worth $599,000 after purchasing an additional 234 shares in the last quarter. Louisiana State Employees Retirement System grew its stake in shares of StoneX Group by 2.2% during the 2nd quarter. Louisiana State Employees Retirement System now owns 13,700 shares of the company’s stock worth $1,032,000 after purchasing an additional 300 shares during the period. Finally, Millington Financial Advisors LLC increased its holdings in shares of StoneX Group by 1.5% in the 2nd quarter. Millington Financial Advisors LLC now owns 21,860 shares of the company’s stock valued at $1,646,000 after purchasing an additional 331 shares in the last quarter. Institutional investors and hedge funds own 75.93% of the company’s stock.

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.