Strs Ohio Invests $854,000 in StoneX Group Inc. (NASDAQ:SNEX)

Strs Ohio acquired a new position in StoneX Group Inc. (NASDAQ:SNEX – Get Rating) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 10,300 shares of the company’s stock, valued at approximately $854,000. Strs Ohio owned approximately 0.05% of StoneX Group at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of SNEX. FinTrust Capital Advisors LLC purchased a new stake in StoneX Group during the 2nd quarter valued at about $26,000. Gladius Capital Management LP purchased a new stake in StoneX Group during the 2nd quarter valued at about $53,000. KBC Group NV purchased a new stake in StoneX Group during the 2nd quarter valued at about $112,000. National Bank of Canada FI purchased a new stake in StoneX Group during the 3rd quarter valued at about $191,000. Finally, Raymond James Financial Services Advisors Inc. purchased a new stake in StoneX Group during the 1st quarter valued at about $208,000. 75.53% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at StoneX Group

In other StoneX Group news, CFO William J. Dunaway sold 2,823 shares of the company’s stock in a transaction that occurred on Wednesday, December 21st. The stock was sold at an average price of $97.95, for a total transaction of $276,512.85. Following the completion of the transaction, the chief financial officer now owns 68,947 shares of the company’s stock, valued at approximately $6,753,358.65. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other StoneX Group news, CEO Sean Michael Oconnor sold 18,600 shares of the company’s stock in a transaction that occurred on Tuesday, November 22nd. The stock was sold at an average price of $101.34, for a total transaction of $1,884,924.00. Following the completion of the transaction, the chief executive officer now owns 331,659 shares of the company’s stock, valued at approximately $33,610,323.06. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO William J. Dunaway sold 2,823 shares of the stock in a transaction that occurred on Wednesday, December 21st. The stock was sold at an average price of $97.95, for a total value of $276,512.85. Following the completion of the transaction, the chief financial officer now directly owns 68,947 shares of the company’s stock, valued at approximately $6,753,358.65. The disclosure for this sale can be found here. Insiders sold 27,034 shares of company stock valued at $2,707,765 in the last 90 days. Insiders own 16.79% of the company’s stock.

StoneX Group Trading Up 0.5 %

Shares of SNEX stock opened at $93.61 on Monday. The business has a 50-day moving average of $96.11 and a 200 day moving average of $90.35. The stock has a market capitalization of $1.91 billion, a PE ratio of 9.35 and a beta of 0.99. The company has a debt-to-equity ratio of 1.43, a current ratio of 1.39 and a quick ratio of 1.06. StoneX Group Inc. has a 1-year low of $60.76 and a 1-year high of $103.00.

StoneX Group (NASDAQ:SNEX – Get Rating) last released its quarterly earnings results on Monday, November 21st. The company reported $2.49 EPS for the quarter, beating analysts’ consensus estimates of $1.93 by $0.56. The business had revenue of $583.40 million during the quarter, compared to analyst estimates of $518.10 million. StoneX Group had a return on equity of 20.89% and a net margin of 0.31%. As a group, sell-side analysts anticipate that StoneX Group Inc. will post 9.07 earnings per share for the current year.

About StoneX Group

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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.