Commonwealth of Pennsylvania Public School Empls Retrmt SYS Acquires 152 Shares of StoneX Group Inc. (NASDAQ:SNEX)

Posted by Defense World Staff on Aug 19th, 2023

Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in StoneX Group Inc. (NASDAQ:SNEX – Free Report) by 0.8% during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 18,584 shares of the company’s stock after acquiring an additional 152 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS owned 0.09% of StoneX Group worth $1,924,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Assetmark Inc. grew its position in StoneX Group by 45.8% in the first quarter. Assetmark Inc. now owns 385 shares of the company’s stock worth $40,000 after acquiring an additional 121 shares in the last quarter. Price T Rowe Associates Inc. MD increased its position in shares of StoneX Group by 1.2% during the 2nd quarter. Price T Rowe Associates Inc. MD now owns 10,316 shares of the company’s stock valued at $805,000 after purchasing an additional 123 shares during the last quarter. Riverwater Partners LLC raised its holdings in shares of StoneX Group by 0.8% during the 1st quarter. Riverwater Partners LLC now owns 15,009 shares of the company’s stock valued at $1,554,000 after buying an additional 126 shares in the last quarter. Arizona State Retirement System lifted its position in StoneX Group by 2.7% in the 1st quarter. Arizona State Retirement System now owns 4,990 shares of the company’s stock worth $517,000 after buying an additional 131 shares during the last quarter. Finally, Parkside Financial Bank & Trust grew its position in StoneX Group by 77.2% during the first quarter. Parkside Financial Bank & Trust now owns 358 shares of the company’s stock valued at $37,000 after acquiring an additional 156 shares during the last quarter. Hedge funds and other institutional investors own 79.04% of the company’s stock.

Insider Buying and Selling

In other StoneX Group news, CEO Philip Andrew Smith sold 3,500 shares of the company’s stock in a transaction dated Monday, May 22nd. The shares were sold at an average price of $84.77, for a total transaction of $296,695.00. Following the completion of the sale, the chief executive officer now directly owns 157,196 shares in the company, valued at $13,325,504.92. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. In related news, Director John Moore Fowler sold 300 shares of StoneX Group stock in a transaction on Tuesday, June 13th. The shares were sold at an average price of $90.00, for a total value of $27,000.00. Following the transaction, the director now directly owns 55,459 shares of the company’s stock, valued at $4,991,310. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Philip Andrew Smith sold 3,500 shares of the company’s stock in a transaction on Monday, May 22nd. The shares were sold at an average price of $84.77, for a total transaction of $296,695.00. Following the sale, the chief executive officer now owns 157,196 shares of the company’s stock, valued at $13,325,504.92. The disclosure for this sale can be found here. 15.45% of the stock is owned by corporate insiders.

StoneX Group Trading Up 1.5 %

Shares of SNEX opened at $97.67 on Friday. StoneX Group Inc. has a fifty-two week low of $74.43 and a fifty-two week high of $106.35. The firm has a market cap of $2.03 billion, a price-to-earnings ratio of 8.64 and a beta of 0.92. The firm has a 50 day moving average price of $89.98 and a 200-day moving average price of $93.07. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.12 and a current ratio of 1.53.

About StoneX Group

(Free Report)

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.