Headlands Technologies LLC Purchases Shares of 233 Freedom Holding Corp. (NASDAQ:FRHC)

Headlands Technologies LLC acquired a new position in shares of Freedom Holding Corp. (NASDAQ:FRHC) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 233 shares of the company’s stock, valued at approximately $30,000.

A number of other large investors have also recently made changes to their positions in FRHC. Geode Capital Management LLC lifted its position in Freedom by 1.3% during the 4th quarter. Geode Capital Management LLC now owns 54,034 shares of the company’s stock worth $7,062,000 after acquiring an additional 696 shares during the period. State Street Corp raised its stake in shares of Freedom by 19.0% in the third quarter. State Street Corp now owns 45,155 shares of the company’s stock worth $4,279,000 after purchasing an additional 7,207 shares during the last quarter. Swiss National Bank lifted its holdings in shares of Freedom by 1.4% during the fourth quarter. Swiss National Bank now owns 35,900 shares of the company’s stock worth $4,692,000 after purchasing an additional 500 shares during the period. JPMorgan Chase & Co. boosted its position in Freedom by 286.0% in the fourth quarter. JPMorgan Chase & Co. now owns 34,213 shares of the company’s stock valued at $4,471,000 after buying an additional 25,350 shares during the last quarter. Finally, Quantbot Technologies LP increased its holdings in Freedom by 828.2% in the 4th quarter. Quantbot Technologies LP now owns 6,228 shares of the company’s stock worth $814,000 after buying an additional 5,557 shares during the period. 1.26% of the stock is owned by hedge funds and other institutional investors.

Freedom Stock Performance

Shares of NASDAQ FRHC opened at $114.08 on Wednesday. The company has a 50 day simple moving average of $139.81 and a two-hundred day simple moving average of $125.64. The stock has a market cap of $6.69 billion, a price-to-earnings ratio of 21.40 and a beta of 1.10. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 0.40. Freedom Holding Corp. has a 12 month low of $64.00 and a 12 month high of $164.82.

Freedom (NASDAQ:FRHC) last posted its 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%.

Insider Transactions at Freedom

In other Freedom news, CEO Robert Wotczak sold 11,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $156.88, for a total value of $1,725,680.00. Following the sale, the chief executive officer now owns 59,000 shares in the company, valued at approximately $9,255,920. This represents a 15.71 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Sergey Lukyanov sold 1,958 shares of Freedom stock in a transaction that occurred 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 transaction, the insider now directly owns 122,842 shares of the company’s stock, valued at approximately $19,719,826.26. This trade represents a 1.57 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 30,973 shares of company stock worth $4,883,489 over the last quarter. 70.40% of the stock is currently owned by insiders.

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.