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 that occurred on Friday, February 14th. The shares were sold at an average price of $160.29, for a total value of $465,001.29. Following the transaction, the insider now owns 124,800 shares in the company, valued at $20,004,192. This trade represents a 2.27 % decrease in their position. The sale was disclosed in a filing 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 value of $314,317.74.

Freedom Price Performance

Shares of NASDAQ:FRHC traded down $2.12 during midday trading on Thursday, reaching $154.42. 80,673 shares of the company’s stock traded hands, compared to its average volume of 96,514. The company has a fifty day simple moving average of $137.94 and a two-hundred day simple moving average of $114.77. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.28 and a current ratio of 1.28. The company has a market cap of $9.36 billion, a P/E ratio of 28.97 and a beta of 1.01. Freedom Holding Corp. has a 1 year low of $64.00 and a 1 year high of $164.82.

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

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in FRHC. Victory Capital Management Inc. purchased a new position in Freedom in the 3rd quarter valued at $213,000. Verition Fund Management LLC purchased a new position in Freedom in the 3rd quarter valued at $400,000. State Street Corp lifted its holdings in Freedom by 19.0% in the 3rd quarter. State Street Corp now owns 45,155 shares of the company’s stock valued at $4,279,000 after purchasing an additional 7,207 shares in the last quarter. Jane Street Group LLC acquired a new stake in shares of Freedom in the 3rd quarter worth $206,000. Finally, Barclays PLC increased its stake in shares of Freedom by 1,263.2% in 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 during the last quarter. 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.