Phocas Financial Corp. Has $3.62 Million Holdings in StoneX Group Inc. (NASDAQ:SNEX)

Phocas Financial Corp. decreased its position in shares of StoneX Group Inc. (NASDAQ:SNEX) by 5.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 44,203 shares of the company’s stock after selling 2,708 shares during the period. Phocas Financial Corp. owned approximately 0.14% of StoneX Group worth $3,619,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the business. Quest Partners LLC raised its position in shares of StoneX Group by 9,133.3% in the second quarter. Quest Partners LLC now owns 554 shares of the company’s stock valued at $42,000 after buying an additional 548 shares in the last quarter. Huntington National Bank lifted its position in shares of StoneX Group by 1,906.9% during the 3rd quarter. Huntington National Bank now owns 582 shares of the company’s stock valued at $48,000 after acquiring an additional 553 shares during the period. nVerses Capital LLC bought a new position in shares of StoneX Group in the second quarter worth $68,000. Cadent Capital Advisors LLC acquired a new position in StoneX Group in the third quarter valued at about $212,000. Finally, Evergreen Capital Management LLC bought a new stake in StoneX Group during the second quarter worth about $201,000. Institutional investors own 75.93% of the company’s stock.

Insider Activity at StoneX Group

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

StoneX Group Price Performance

SNEX stock opened at $97.21 on Tuesday. The company’s 50-day moving average price is $87.04 and its two-hundred day moving average price is $80.44. StoneX Group Inc. has a 12 month low of $59.07 and a 12 month high of $101.61. The company has a quick ratio of 1.20, a current ratio of 1.64 and a debt-to-equity ratio of 1.04. The firm has a market cap of $3.09 billion, a P/E ratio of 13.48 and a beta of 0.75.

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.