Entropy Technologies LP Sells 500 Shares of StoneX Group Inc. (NASDAQ:SNEX)

Entropy Technologies LP decreased its position in StoneX Group Inc. (NASDAQ:SNEX) by 16.5% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,525 shares of the company’s stock after selling 500 shares during the quarter. Entropy Technologies LP’s holdings in StoneX Group were worth $207,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of SNEX. Janus Henderson Group PLC raised its stake in shares of StoneX Group by 341.9% during the first quarter. Janus Henderson Group PLC now owns 63,791 shares of the company’s stock worth $4,480,000 after acquiring an additional 49,355 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of StoneX Group by 1.8% during the 1st quarter. Vanguard Group Inc. now owns 1,909,965 shares of the company’s stock valued at $134,194,000 after purchasing an additional 34,112 shares during the last quarter. International Assets Investment Management LLC grew its holdings in shares of StoneX Group by 8,088.0% during the 3rd quarter. International Assets Investment Management LLC now owns 24,564 shares of the company’s stock valued at $2,011,000 after purchasing an additional 24,264 shares during the last quarter. Assenagon Asset Management S.A. raised its position in StoneX Group by 21.4% in 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 during the period. Finally, Principal Financial Group Inc. lifted its stake in StoneX Group by 11.0% in the third quarter. Principal Financial Group Inc. now owns 149,442 shares of the company’s stock worth $12,236,000 after purchasing an additional 14,784 shares during the last quarter. Hedge funds and other institutional investors own 75.93% of the company’s stock.

StoneX Group Stock Up 1.5 %

Shares of NASDAQ:SNEX opened at $97.27 on Monday. The stock has a market capitalization of $3.09 billion, a P/E ratio of 13.48 and a beta of 0.75. The stock’s 50-day moving average price is $86.65 and its 200-day moving average price is $80.28. The company has a current ratio of 1.64, a quick ratio of 1.20 and a debt-to-equity ratio of 1.04. StoneX Group Inc. has a 12-month low of $59.07 and a 12-month high of $101.61.

Insider Buying and Selling

In other news, CEO Sean Michael Oconnor sold 37,500 shares of the firm’s 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 transaction, the chief executive officer now owns 506,994 shares in the company, valued at approximately $49,898,349.48. This trade represents a 6.89 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 16.24% of the stock is owned by corporate insiders.

StoneX Group 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.