Inspire Investing LLC Buys Shares of 8,736 StoneX Group Inc. (NASDAQ:SNEX)

Inspire Investing LLC purchased a new position in StoneX Group Inc. (NASDAQ:SNEX) in the fourth quarter, HoldingsChannel.com reports. The fund purchased 8,736 shares of the company’s stock, valued at approximately $856,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Huntington National Bank raised its stake in StoneX Group by 1,906.9% in the 3rd quarter. Huntington National Bank now owns 582 shares of the company’s stock valued at $48,000 after purchasing an additional 553 shares during the last quarter. USA Financial Formulas purchased a new stake in shares of StoneX Group during the fourth quarter worth about $129,000. Evergreen Capital Management LLC purchased a new stake in shares of StoneX Group during the second quarter worth about $201,000. Cadent Capital Advisors LLC acquired a new position in shares of StoneX Group in the third quarter valued at approximately $212,000. Finally, Crossmark Global Holdings Inc. purchased a new position in shares of StoneX Group during the fourth quarter valued at approximately $219,000. 75.93% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, CEO Sean Michael Oconnor sold 37,500 shares of the 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 transaction, the chief executive officer now directly owns 506,994 shares in the company, valued at $49,898,349.48. This represents a 6.89 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director John Moore Fowler sold 1,800 shares of the business’s stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $100.14, for a total transaction of $180,252.00. Following the completion of the sale, the director now owns 81,375 shares of the company’s stock, valued at approximately $8,148,892.50. The trade was 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 Up 0.3 %

SNEX stock opened at $108.90 on Friday. The company has a 50 day moving average price of $101.08 and a two-hundred day moving average price of $89.29. The company has a debt-to-equity ratio of 1.26, a quick ratio of 1.30 and a current ratio of 1.81. The stock has a market capitalization of $3.48 billion, a P/E ratio of 13.68 and a beta of 0.77. StoneX Group Inc. has a one year low of $61.68 and a one year high of $110.96.

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.