Freedom Holding Corp. (NASDAQ:FRHC) Insider Sergey Lukyanov Sells 1,958 Shares

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

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

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

Freedom Stock Down 1.4 %

Shares of FRHC stock traded down $2.12 during mid-day trading on Thursday, hitting $154.42. The stock had a trading volume of 80,673 shares, compared to its average volume of 96,514. Freedom Holding Corp. has a 12-month low of $64.00 and a 12-month high of $164.82. The firm has a market capitalization of $9.36 billion, a P/E ratio of 28.97 and a beta of 1.01. The firm’s 50-day moving average is $137.94 and its two-hundred day moving average is $114.77. 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 (NASDAQ:FRHC) last issued 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%.

Institutional Investors Weigh In On Freedom

Several hedge funds have recently made changes to their positions in the company. Headlands Technologies LLC purchased a new stake in shares of Freedom during the 4th quarter worth $30,000. Tower Research Capital LLC TRC lifted its stake in shares of Freedom by 27.9% during the 4th quarter. Tower Research Capital LLC TRC now owns 1,065 shares of the company’s stock worth $139,000 after purchasing an additional 232 shares during the last quarter. Aquatic Capital Management LLC lifted its stake in shares of Freedom by 555.5% during the 4th quarter. Aquatic Capital Management LLC now owns 1,311 shares of the company’s stock worth $171,000 after purchasing an additional 1,111 shares during the last quarter. Walleye Capital LLC purchased a new stake in shares of Freedom during the 4th quarter worth $221,000. Finally, Deutsche Bank AG lifted its stake in shares of Freedom by 34.6% during the 4th 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 last quarter. 1.26% of the stock is currently owned by hedge funds and other institutional investors.

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.