Quantbot Technologies LP Boosts Position in Freedom Holding Corp. (NASDAQ:FRHC)

Quantbot Technologies LP increased its holdings in Freedom Holding Corp. (NASDAQ:FRHC) by 828.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,228 shares of the company’s stock after acquiring an additional 5,557 shares during the quarter. Quantbot Technologies LP’s holdings in Freedom were worth $814,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in the stock. Jane Street Group LLC purchased a new stake in shares of Freedom in the 3rd quarter worth about $206,000. Victory Capital Management Inc. bought a new position in Freedom in the third quarter worth about $213,000. Barclays PLC lifted its holdings in Freedom by 1,263.2% in the third quarter. Barclays PLC now owns 4,144 shares of the company’s stock worth $393,000 after buying an additional 3,840 shares during the period. Verition Fund Management LLC bought a new stake in Freedom during the 3rd quarter valued at approximately $400,000. Finally, AlphaQuest LLC grew its holdings in shares of Freedom by 119.0% during the 4th quarter. AlphaQuest LLC now owns 4,154 shares of the company’s stock worth $543,000 after acquiring an additional 2,257 shares during the period. Institutional investors own 1.26% of the company’s stock.

Insider Activity at Freedom

In other Freedom news, CFO Evgeny Ler sold 15,114 shares of the firm’s stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $157.37, for a total transaction of $2,378,490.18. Following the completion of the sale, the chief financial officer now directly owns 38,794 shares in the company, valued at approximately $6,105,011.78. This trade represents a 28.04 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Sergey Lukyanov sold 2,901 shares of the company’s stock in a transaction that occurred on Friday, February 14th. The stock was sold at an average price of $160.29, for a total transaction of $465,001.29. Following the completion of the transaction, the insider now owns 124,800 shares in the company, valued at approximately $20,004,192. This represents a 2.27 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 30,973 shares of company stock valued at $4,883,489 in the last three months. Company insiders own 70.40% of the company’s stock.

Freedom Trading Down 1.0 %

FRHC opened at $139.93 on Thursday. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 0.40. Freedom Holding Corp. has a 52 week low of $64.00 and a 52 week high of $164.82. The stock has a market cap of $8.20 billion, a PE ratio of 26.25 and a beta of 1.07. The business has a 50 day moving average of $141.89 and a 200-day moving average of $123.47.

Freedom (NASDAQ:FRHC) last announced its quarterly earnings data on Friday, February 7th. The company reported $1.29 EPS for the quarter. Freedom had a return on equity of 26.63% and a net margin of 14.99%.

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.