Freedom Holding Corp. (NASDAQ:FRHC) CFO Sells $2,378,490.18 in Stock

Freedom Holding Corp. (NASDAQ:FRHC) CFO Evgeny Ler sold 15,114 shares of the stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $157.37, for a total transaction of $2,378,490.18. Following the sale, the chief financial officer now owns 38,794 shares in the company, valued at $6,105,011.78. This represents a 28.04 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Freedom Stock Performance

NASDAQ FRHC opened at $146.11 on Friday. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 0.40. The firm has a market capitalization of $8.86 billion, a price-to-earnings ratio of 27.41 and a beta of 1.01. The firm’s 50 day simple moving average is $138.71 and its 200 day simple moving average is $115.51. Freedom Holding Corp. has a 1 year low of $64.00 and a 1 year high of $164.82.

Freedom (NASDAQ:FRHC) last posted 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 Trading of Freedom

Large investors have recently made changes to their positions in the company. Headlands Technologies LLC acquired a new stake in shares of Freedom during the 4th quarter worth approximately $30,000. Tower Research Capital LLC TRC boosted its position in Freedom by 27.9% in the fourth 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 boosted its position in Freedom by 555.5% in the fourth 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. Walleye Capital LLC acquired a new stake in Freedom in the fourth quarter valued at approximately $221,000. Finally, Deutsche Bank AG boosted its position in Freedom by 34.6% in the fourth quarter. Deutsche Bank AG now owns 1,986 shares of the company’s stock valued at $260,000 after buying an additional 510 shares in the last quarter. Institutional investors and hedge funds 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.