Freedom Holding Corp. (NASDAQ:FRHC) Insider Sells $314,317.74 in Stock

Freedom Holding Corp. (NASDAQ:FRHC) insider Sergey Lukyanov sold 1,958 shares of Freedom stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $160.53, for a total value of $314,317.74. Following the completion of the sale, the insider now directly owns 122,842 shares in the company, valued at approximately $19,719,826.26. The trade was a 1.57 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Sergey Lukyanov also recently made the following trade(s):

• On Friday, February 14th, Sergey Lukyanov sold 2,901 shares of Freedom stock. The stock was sold at an average price of $160.29, for a total value of $465,001.29.

Freedom Price Performance

NASDAQ:FRHC traded down $2.12 during trading hours on Thursday, reaching $154.42. The stock had a trading volume of 80,673 shares, compared to its average volume of 96,514. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.28 and a current ratio of 1.28. Freedom Holding Corp. has a 52 week low of $64.00 and a 52 week high of $164.82. The company has a 50 day moving average price of $137.94 and a two-hundred day moving average price of $114.77. The stock has a market capitalization of $9.36 billion, a PE ratio of 28.97 and a beta of 1.01.

Freedom (NASDAQ:FRHC) last released its earnings results 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%.

Hedge Funds Weigh In On Freedom

Several large investors have recently modified their holdings of FRHC. Victory Capital Management Inc. bought a new position in shares of Freedom during the 3rd quarter valued at approximately $213,000. Verition Fund Management LLC bought a new position in shares of Freedom during the 3rd quarter valued at approximately $400,000. State Street Corp increased its position in shares of Freedom by 19.0% during 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 during the last quarter. Jane Street Group LLC bought a new position in shares of Freedom during the 3rd quarter valued at approximately $206,000. Finally, Barclays PLC increased 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 valued at $393,000 after purchasing an additional 3,840 shares during the last quarter. Institutional investors own 1.26% of the company’s stock.

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.