Freedom Holding Corp. (NASDAQ:FRHC) Insider Sells $465,001.29 in Stock

Freedom Holding Corp. (NASDAQ:FRHC) insider Sergey Lukyanov sold 2,901 shares of the stock in a transaction on Friday, February 14th. The shares were sold at an average price of $160.29, for a total transaction of $465,001.29. Following the completion of the sale, the insider now directly owns 124,800 shares of the company’s stock, valued at approximately $20,004,192. This trade represents a 2.27 % 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.

Sergey Lukyanov also recently made the following trade(s):

• On Tuesday, February 18th, Sergey Lukyanov sold 1,958 shares of Freedom stock. The shares were sold at an average price of $160.53, for a total transaction of $314,317.74.

Freedom Price Performance

Shares of Freedom stock opened at $146.11 on Friday. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.28 and a quick ratio of 1.28. Freedom Holding Corp. has a fifty-two week low of $64.00 and a fifty-two week high of $164.82. The firm has a fifty day moving average price of $138.71 and a two-hundred day moving average price of $115.73. The company has a market cap of $8.86 billion, a PE ratio of 27.41 and a beta of 1.01.

Freedom (NASDAQ:FRHC) last announced its quarterly earnings data on Friday, February 7th. The company reported $1.29 earnings per share (EPS) for the quarter. Freedom had a net margin of 14.99% and a return on equity of 26.63%.

Hedge Funds Weigh In On Freedom

Hedge funds have recently made changes to their positions in the business. Headlands Technologies LLC acquired a new position in shares of Freedom in the 4th quarter valued at $30,000. Tower Research Capital LLC TRC raised its stake in shares of Freedom by 27.9% in the 4th quarter. Tower Research Capital LLC TRC now owns 1,065 shares of the company’s stock valued at $139,000 after buying an additional 232 shares in the last quarter. Aquatic Capital Management LLC raised its stake in shares of Freedom by 555.5% in the 4th quarter. Aquatic Capital Management LLC now owns 1,311 shares of the company’s stock valued at $171,000 after buying an additional 1,111 shares in the last quarter. Jane Street Group LLC acquired a new position in shares of Freedom in the 3rd quarter valued at $206,000. Finally, Victory Capital Management Inc. acquired a new position in shares of Freedom in the 3rd quarter valued at $213,000. Institutional investors and hedge funds own 1.26% of the company’s stock.

About Freedom

Freedom Holding Corp., through its subsidiaries, provides securities brokerage, securities dealing, market making, investment research, investment counseling, and investment banking services. It offers retail brokerage services for exchange-traded and over-the-counter corporate equity and debt securities, money market instruments, exchange traded options and futures contracts, government bonds, and mutual funds; securities trading; underwriting services; margin lending services collateralized by securities and cash in the customer’s account; various investment education and training courses; investment research services; and commercial banking services, including payment cards, digital mortgages, and digital business and digital auto loans, as well as Freedom Box, a package of payment acquiring services.