Insider Buying: Lion Group (NASDAQ:LGHL) Major Shareholder Purchases 24,433 Shares of Stock

Lion Group Holding Ltd. Sponsored ADR (NASDAQ:LGHL) major shareholder Financial Lp Hrt acquired 24,433 shares of the business’s stock in a transaction that occurred on Tuesday, April 7th. The stock was bought at an average cost of $0.90 per share, for a total transaction of $21,989.70. Following the completion of the purchase, the insider directly owned 41,175 shares in the company, valued at $37,057.50. This represents a 145.94% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Large shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

Financial Lp Hrt also recently made the following trade(s):

• On Monday, April 6th, Financial Lp Hrt sold 6,437 shares of Lion Group stock. The stock was sold at an average price of $0.99, for a total value of $6,372.63.
• On Thursday, April 2nd, Financial Lp Hrt purchased 31,629 shares of Lion Group stock. The stock was acquired at an average cost of $0.83 per share, for a total transaction of $26,252.07.
• On Wednesday, April 8th, Financial Lp Hrt purchased 590 shares of Lion Group stock. The stock was acquired at an average cost of $0.96 per share, for a total transaction of $566.40.
• On Friday, March 20th, Financial Lp Hrt sold 9,408 shares of Lion Group stock. The stock was sold at an average price of $1.05, for a total value of $9,878.40.
• On Thursday, March 19th, Financial Lp Hrt acquired 4,122 shares of Lion Group stock. The shares were purchased at an average cost of $1.10 per share, for a total transaction of $4,534.20.

Lion Group Price Performance

Shares of NASDAQ:LGHL traded up $0.05 during trading on Thursday, hitting $0.93. 59,852 shares of the stock were exchanged, compared to its average volume of 281,041. Lion Group Holding Ltd. Sponsored ADR has a 1-year low of $0.77 and a 1-year high of $62.92. The company’s fifty day simple moving average is $1.18 and its 200-day simple moving average is $1.84.

Analysts Set New Price Targets

Several analysts recently commented on LGHL shares. Wall Street Zen raised Lion Group to a “sell” rating in a research note on Saturday, February 21st. Weiss Ratings reissued a “sell (e)” rating on shares of Lion Group in a research note on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has a consensus rating of “Sell”.

Institutional Investors Weigh In On Lion Group

An institutional investor recently bought a new position in Lion Group stock. Marex Group plc bought a new position in shares of Lion Group Holding Ltd. Sponsored ADR (NASDAQ:LGHL) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 34,751 shares of the company’s stock, valued at approximately $89,000. Marex Group plc owned about 84.76% of Lion Group as of its most recent SEC filing. 0.17% of the stock is currently owned by hedge funds and other institutional investors.

Lion Group Company Profile

Lion Group Holding Ltd., together with its subsidiaries, operates a trading platform for corporate clients, individual traders, and retail investors primarily in the People's Republic of China and Southeast Asia. Its trading platform offers a range of products and services comprising contracts for difference trading, over-the-counter stock options trading, futures and securities brokerage, and total return swap trading services through its Lion Brokers Pro app platform. The company's trading platform allows users to trade various futures products on futures exchanges worldwide, including the Chicago Mercantile Exchange, Singapore Exchange, the Hong Kong Futures Exchange, and Eurex Exchange; stocks listed on the New York Stock Exchange, Nasdaq and Hong Kong Stock Exchange; and the People's Republic of China stocks listed on the Shanghai Stock Exchange and Shenzhen Stock Exchange that are eligible for the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect programs.