Navellier & Associates Inc. Has $501,000 Stock Holdings in StoneX Group Inc. (NASDAQ:SNEX)

Navellier & Associates Inc. trimmed its stake in shares of StoneX Group Inc. (NASDAQ:SNEX) by 21.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,124 shares of the company’s stock after selling 1,702 shares during the quarter. Navellier & Associates Inc.’s holdings in StoneX Group were worth $501,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of SNEX. State of Alaska Department of Revenue grew its stake in 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 last quarter. SummerHaven Investment Management LLC increased its stake in shares of StoneX Group by 1.6% during the second quarter. SummerHaven Investment Management LLC now owns 12,699 shares of the company’s stock worth $956,000 after purchasing an additional 199 shares during the period. Arizona State Retirement System lifted its holdings in 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 during the last quarter. Louisiana State Employees Retirement System boosted its stake in StoneX Group by 2.2% in the 2nd quarter. Louisiana State Employees Retirement System now owns 13,700 shares of the company’s stock valued at $1,032,000 after purchasing an additional 300 shares during the period. Finally, Millington Financial Advisors LLC grew its holdings in 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 buying an additional 331 shares in the last quarter. 75.93% of the stock is currently owned by institutional investors and hedge funds.

StoneX Group Stock Down 0.3 %

SNEX opened at $102.42 on Friday. The stock has a fifty day moving average of $88.41 and a 200-day moving average of $80.91. The company has a market capitalization of $3.26 billion, a P/E ratio of 12.87 and a beta of 0.75. StoneX Group Inc. has a fifty-two week low of $59.07 and a fifty-two week high of $104.57. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.20 and a current ratio of 1.64.

Insider Buying and Selling

In related news, 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 completion of the sale, the chief executive officer now directly owns 506,994 shares in the company, valued at approximately $49,898,349.48. The trade was a 6.89 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. 16.24% of the stock is owned by insiders.

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.