Robert Wotczak Sells 11,000 Shares of Freedom Holding Corp. (NASDAQ:FRHC) Stock

Freedom Holding Corp. (NASDAQ:FRHC) CEO Robert Wotczak sold 11,000 shares of Freedom stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $156.88, for a total value of $1,725,680.00. Following the completion of the sale, the chief executive officer now directly owns 59,000 shares in the company, valued at $9,255,920. This represents a 15.71 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Robert Wotczak also recently made the following trade(s):

• On Monday, November 25th, Robert Wotczak sold 2,000 shares of Freedom stock. The shares were sold at an average price of $117.60, for a total value of $235,200.00.
• On Friday, November 22nd, Robert Wotczak sold 650 shares of Freedom stock. The shares were sold at an average price of $117.80, for a total value of $76,570.00.

Freedom Price Performance

Shares of NASDAQ FRHC opened at $146.11 on Friday. The stock has a market capitalization of $8.86 billion, a price-to-earnings ratio of 27.41 and a beta of 1.01. The business has a 50-day moving average of $138.71 and a 200-day moving average of $115.51. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.28 and a quick ratio of 1.28. Freedom Holding Corp. has a fifty-two week low of $64.00 and a fifty-two week 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%.

Hedge Funds Weigh In On Freedom

Several hedge funds have recently modified their holdings of FRHC. OMERS ADMINISTRATION Corp bought a new position in Freedom during the fourth quarter worth about $1,189,000. Millennium Management LLC bought a new position in Freedom during the fourth quarter worth about $2,130,000. Deutsche Bank AG grew its holdings in Freedom by 34.6% during the fourth quarter. Deutsche Bank AG now owns 1,986 shares of the company’s stock worth $260,000 after purchasing an additional 510 shares during the period. D. E. Shaw & Co. Inc. grew its holdings in Freedom by 1,127.2% during the fourth quarter. D. E. Shaw & Co. Inc. now owns 64,369 shares of the company’s stock worth $8,412,000 after purchasing an additional 59,124 shares during the period. Finally, Bank of America Corp DE grew its holdings in Freedom by 27.5% during the fourth quarter. Bank of America Corp DE now owns 25,057 shares of the company’s stock worth $3,275,000 after purchasing an additional 5,399 shares during the period. 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.