Freedom Holding Corp. (NASDAQ:FRHC) CEO Robert Wotczak Sells 11,000 Shares

Freedom Holding Corp. (NASDAQ:FRHC) CEO Robert Wotczak sold 11,000 shares of the stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $156.88, for a total value of $1,725,680.00. Following the transaction, the chief executive officer now directly owns 59,000 shares in the company, valued at $9,255,920. The trade was a 15.71 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Robert Wotczak also recently made the following trade(s):

• On Monday, November 25th, Robert Wotczak sold 2,000 shares of Freedom stock. The stock was sold at an average price of $117.60, for a total value of $235,200.00.
• On Friday, November 22nd, Robert Wotczak sold 650 shares of Freedom stock. The shares were sold at an average price of $117.80, for a total value of $76,570.00.

Freedom Stock Down 1.4 %

Shares of FRHC stock opened at $154.42 on Friday. The company has a market capitalization of $9.36 billion, a price-to-earnings ratio of 28.97 and a beta of 1.01. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.28 and a quick ratio of 1.28. The company’s fifty day moving average price is $138.43 and its 200-day moving average price is $115.05. Freedom Holding Corp. has a one year low of $64.00 and a one year high of $164.82.

Freedom (NASDAQ:FRHC) last announced its quarterly earnings results 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%.

Institutional Investors Weigh In On Freedom

Several large investors have recently bought and sold shares of FRHC. Headlands Technologies LLC purchased a new position in shares of Freedom in the 4th quarter worth approximately $30,000. Tower Research Capital LLC TRC raised its holdings in shares of Freedom by 27.9% in the fourth quarter. Tower Research Capital LLC TRC now owns 1,065 shares of the company’s stock worth $139,000 after buying an additional 232 shares during the period. Aquatic Capital Management LLC lifted its position in shares of Freedom by 555.5% during the fourth quarter. Aquatic Capital Management LLC now owns 1,311 shares of the company’s stock worth $171,000 after purchasing an additional 1,111 shares during the last quarter. Walleye Capital LLC bought a new stake in Freedom during the 4th quarter valued at about $221,000. Finally, Deutsche Bank AG raised its stake in shares of Freedom by 34.6% during the fourth quarter. Deutsche Bank AG now owns 1,986 shares of the company’s stock valued at $260,000 after acquiring an additional 510 shares in the last quarter. Institutional investors own 1.26% of the company’s stock.

Freedom Company Profile

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.