Freedom Holding Corp. (NASDAQ:FRHC) Shares Purchased by D. E. Shaw & Co. Inc.

D. E. Shaw & Co. Inc. raised its position in Freedom Holding Corp. (NASDAQ:FRHC) by 1,127.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 64,369 shares of the company’s stock after purchasing an additional 59,124 shares during the quarter. D. E. Shaw & Co. Inc. owned 0.11% of Freedom worth $8,412,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. JPMorgan Chase & Co. raised its holdings in shares of Freedom by 286.0% during the 4th 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 period. Barclays PLC boosted its position in Freedom by 219.1% during the 4th quarter. Barclays PLC now owns 13,224 shares of the company’s stock valued at $1,728,000 after purchasing an additional 9,080 shares during the period. Marshall Wace LLP acquired a new position in Freedom during the 4th quarter valued at approximately $10,589,000. AlphaQuest LLC boosted its position in Freedom by 119.0% during the 4th quarter. AlphaQuest LLC now owns 4,154 shares of the company’s stock valued at $543,000 after purchasing an additional 2,257 shares during the period. Finally, Quantbot Technologies LP boosted its position in Freedom by 828.2% during the 4th quarter. Quantbot Technologies LP now owns 6,228 shares of the company’s stock valued at $814,000 after purchasing an additional 5,557 shares during the period. 1.26% of the stock is currently owned by hedge funds and other institutional investors.

Freedom Stock Up 0.5%

Shares of Freedom stock opened at $170.25 on Friday. The business’s fifty day moving average price is $136.65 and its two-hundred day moving average price is $133.35. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.28 and a quick ratio of 1.28. The company has a market capitalization of $9.98 billion, a P/E ratio of 31.94 and a beta of 1.14. Freedom Holding Corp. has a 1-year low of $70.60 and a 1-year high of $172.46.

Insider Buying and Selling at Freedom

In related news, CEO Robert Wotczak sold 11,000 shares of Freedom stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $156.88, for a total transaction of $1,725,680.00. Following the transaction, the chief executive officer now directly owns 59,000 shares of the company’s stock, valued at $9,255,920. The trade was a 15.71% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Evgeny Ler sold 15,114 shares of Freedom stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $157.37, for a total value of $2,378,490.18. Following the transaction, the chief financial officer now directly owns 38,794 shares in the company, valued at approximately $6,105,011.78. The trade was a 28.04% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 28,072 shares of company stock valued at $4,418,488 in the last quarter. Corporate insiders own 70.40% of the company’s stock.

Freedom 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.