Wellington Management Group LLP Sells 4,407 Shares of StoneX Group Inc. (NASDAQ:SNEX)

Wellington Management Group LLP trimmed its position in StoneX Group Inc. (NASDAQ:SNEX) by 1.6% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 266,919 shares of the company’s stock after selling 4,407 shares during the period. Wellington Management Group LLP’s holdings in StoneX Group were worth $21,855,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in SNEX. SG Americas Securities LLC increased its position in StoneX Group by 76.0% in the 2nd quarter. SG Americas Securities LLC now owns 5,498 shares of the company’s stock valued at $414,000 after buying an additional 2,374 shares in the last quarter. Assenagon Asset Management S.A. increased its holdings in StoneX Group by 21.4% during the 2nd quarter. Assenagon Asset Management S.A. now owns 328,751 shares of the company’s stock worth $24,758,000 after purchasing an additional 57,938 shares in the last quarter. SummerHaven Investment Management LLC increased its holdings in StoneX Group by 1.6% during the 2nd quarter. SummerHaven Investment Management LLC now owns 12,699 shares of the company’s stock worth $956,000 after purchasing an additional 199 shares in the last quarter. Louisiana State Employees Retirement System increased its holdings in 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 in the last quarter. Finally, Bank of New York Mellon Corp increased its holdings in StoneX Group by 1.8% during the 2nd quarter. Bank of New York Mellon Corp now owns 222,168 shares of the company’s stock worth $16,731,000 after purchasing an additional 3,855 shares in the last quarter. 75.93% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other StoneX Group news, Director John Moore Fowler sold 1,800 shares of the business’s 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 completion of the sale, the director now directly 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 position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Sean Michael Oconnor sold 37,500 shares of the business’s stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $98.42, for a total value of $3,690,750.00. Following the sale, the chief executive officer now directly owns 506,994 shares of the company’s stock, valued at $49,898,349.48. This represents a 6.89 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 16.24% of the company’s stock.

StoneX Group Stock Performance

Shares of SNEX opened at $99.21 on Friday. 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 50 day moving average price of $95.15 and a two-hundred day moving average price of $83.96. The firm has a market capitalization of $3.17 billion, a P/E ratio of 12.46 and a beta of 0.78. StoneX Group Inc. has a 52 week low of $61.68 and a 52 week high of $106.77.

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.