StoneX Group Inc. (NASDAQ:SNEX) Shares Sold by Cove Street Capital LLC

Cove Street Capital LLC lessened its holdings in shares of StoneX Group Inc. (NASDAQ:SNEXGet Rating) by 6.1% in the fourth quarter, Holdings Channel.com reports. The fund owned 127,673 shares of the company’s stock after selling 8,360 shares during the quarter. StoneX Group comprises 3.3% of Cove Street Capital LLC’s holdings, making the stock its 9th largest holding. Cove Street Capital LLC’s holdings in StoneX Group were worth $12,168,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. BlackRock Inc. boosted its position in shares of StoneX Group by 0.4% during the first quarter. BlackRock Inc. now owns 2,811,710 shares of the company’s stock worth $208,713,000 after purchasing an additional 11,780 shares in the last quarter. Vanguard Group Inc. lifted its position in StoneX Group by 1.2% in the 3rd quarter. Vanguard Group Inc. now owns 1,155,670 shares of the company’s stock valued at $95,852,000 after acquiring an additional 14,158 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in StoneX Group by 1.1% in the 4th quarter. Dimensional Fund Advisors LP now owns 851,087 shares of the company’s stock valued at $81,110,000 after acquiring an additional 8,931 shares in the last quarter. State Street Corp lifted its position in StoneX Group by 0.9% during the 3rd quarter. State Street Corp now owns 636,961 shares of the company’s stock worth $52,830,000 after buying an additional 5,376 shares in the last quarter. Finally, Private Capital Management LLC lifted its position in StoneX Group by 2.2% during the 2nd quarter. Private Capital Management LLC now owns 435,424 shares of the company’s stock worth $33,994,000 after buying an additional 9,200 shares in the last quarter. 75.53% of the stock is owned by institutional investors.

StoneX Group Stock Performance

Shares of StoneX Group stock traded up $0.21 during trading on Friday, hitting $82.74. 27,577 shares of the stock were exchanged, compared to its average volume of 112,451. The stock has a market capitalization of $1.72 billion, a price-to-earnings ratio of 7.91 and a beta of 0.92. The company has a fifty day moving average price of $94.57 and a 200-day moving average price of $95.67. StoneX Group Inc. has a 1-year low of $71.24 and a 1-year high of $106.35. The company has a current ratio of 1.49, a quick ratio of 1.10 and a debt-to-equity ratio of 0.89.

Insider Activity at StoneX Group

In other news, CEO Philip Andrew Smith sold 3,000 shares of the company’s stock in a transaction that occurred on Wednesday, March 1st. The shares were sold at an average price of $101.98, for a total transaction of $305,940.00. Following the completion of the sale, the chief executive officer now owns 160,696 shares of the company’s stock, valued at approximately $16,387,778.08. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other news, CAO Aaron Schroeder sold 1,395 shares of the stock in a transaction on Wednesday, March 8th. The shares were sold at an average price of $104.91, for a total transaction of $146,349.45. Following the completion of the sale, the chief accounting officer now directly owns 14,484 shares in the company, valued at $1,519,516.44. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CEO Philip Andrew Smith sold 3,000 shares of the firm’s stock in a transaction on Wednesday, March 1st. The stock was sold at an average price of $101.98, for a total transaction of $305,940.00. Following the completion of the sale, the chief executive officer now owns 160,696 shares of the company’s stock, valued at $16,387,778.08. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 8,360 shares of company stock worth $796,530. Insiders own 15.65% of the company’s stock.

About StoneX Group

(Get Rating)

StoneX Group, Inc engages in the provision of brokerage and financial services. It operates through the following segments: Commercial Hedging, Global Payments, Securities, Physical Commodities, and Clearing and Execution Services. The Commercial Hedging segment offers risk management consulting services.

See Also

Want to see what other hedge funds are holding SNEX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for StoneX Group Inc. (NASDAQ:SNEXGet Rating).

Institutional Ownership by Quarter for StoneX Group (NASDAQ:SNEX)

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