Freedom Holding Corp. (NASDAQ:FRHC) Insider Sells $314,317.74 in Stock

Freedom Holding Corp. (NASDAQ:FRHC) insider Sergey Lukyanov sold 1,958 shares of the business’s stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $160.53, for a total transaction of $314,317.74. Following the sale, the insider now directly owns 122,842 shares in the company, valued at $19,719,826.26. This trade represents a 1.57 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

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

• On Friday, February 14th, Sergey Lukyanov sold 2,901 shares of Freedom stock. The stock was sold at an average price of $160.29, for a total value of $465,001.29.

Freedom Stock Down 5.4 %

Shares of FRHC stock opened at $146.11 on Friday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.28 and a current 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 market capitalization of $8.86 billion, a PE ratio of 27.41 and a beta of 1.01. The stock’s 50-day simple moving average is $138.71 and its 200-day simple moving average is $115.73.

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

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. JPMorgan Chase & Co. grew its position in Freedom by 1.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 8,863 shares of the company’s stock worth $840,000 after purchasing an additional 124 shares during the period. Tower Research Capital LLC TRC boosted its stake 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 last quarter. Headlands Technologies LLC acquired a new stake in Freedom during the fourth quarter worth about $30,000. Swiss National Bank raised its position in Freedom by 1.4% during the fourth quarter. Swiss National Bank now owns 35,900 shares of the company’s stock valued at $4,692,000 after acquiring an additional 500 shares in the last quarter. Finally, Deutsche Bank AG lifted its holdings 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 acquiring an additional 510 shares during the period. Hedge funds and other institutional investors 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.