Robert Wotczak Sells 2,000 Shares of Freedom Holding Corp. (NASDAQ:FRHC) Stock

Freedom Holding Corp. (NASDAQ:FRHC) CEO Robert Wotczak sold 2,000 shares of Freedom stock in a transaction on Monday, November 25th. The shares were sold at an average price of $117.60, for a total value of $235,200.00. Following the completion of the transaction, the chief executive officer now owns 70,000 shares of the company’s stock, valued at approximately $8,232,000. This trade represents a 2.78 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

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

• 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 Up 0.9 %

FRHC stock opened at $118.43 on Thursday. The company’s 50 day moving average price is $106.10 and its 200 day moving average price is $90.59. The firm has a market capitalization of $7.18 billion, a price-to-earnings ratio of 20.89 and a beta of 1.02. Freedom Holding Corp. has a fifty-two week low of $64.00 and a fifty-two week high of $123.17. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.26 and a current ratio of 1.26.

Institutional Investors Weigh In On Freedom

A number of large investors have recently modified their holdings of FRHC. Jane Street Group LLC acquired a new position in shares of Freedom during the third quarter worth $206,000. Victory Capital Management Inc. acquired a new position in shares of Freedom during the 3rd quarter worth about $213,000. Handelsbanken Fonder AB increased its holdings in shares of Freedom by 15.6% in the 3rd quarter. Handelsbanken Fonder AB now owns 3,700 shares of the company’s stock valued at $351,000 after acquiring an additional 500 shares during the last quarter. Barclays PLC raised its position in shares of Freedom by 1,263.2% during the 3rd quarter. Barclays PLC now owns 4,144 shares of the company’s stock worth $393,000 after acquiring an additional 3,840 shares in the last quarter. Finally, Verition Fund Management LLC purchased a new stake in Freedom during the third quarter worth approximately $400,000. 1.26% of the stock is owned by hedge funds and other institutional investors.

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.