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 business’s stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $160.53, for a total transaction of $314,317.74. Following the sale, the insider now directly owns 122,842 shares in the company, valued at $19,719,826.26. The trade was a 1.57 % 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.

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 transaction of $465,001.29.

Freedom Trading Down 5.4 %

NASDAQ:FRHC opened at $146.11 on Friday. The firm’s fifty day moving average is $138.71 and its 200-day moving average is $115.51. 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 firm has a market cap of $8.86 billion, a P/E ratio of 27.41 and a beta of 1.01.

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

Institutional Investors Weigh In On Freedom

A number of institutional investors have recently modified their holdings of the company. Headlands Technologies LLC acquired a new position in shares of Freedom during the 4th quarter valued at $30,000. Tower Research Capital LLC TRC lifted its position 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 valued at $139,000 after acquiring an additional 232 shares during the period. Aquatic Capital Management LLC lifted its position 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 valued at $171,000 after acquiring an additional 1,111 shares during the period. Jane Street Group LLC acquired a new position in shares of Freedom during the 3rd quarter valued at $206,000. Finally, Victory Capital Management Inc. acquired a new position in shares of Freedom during the 3rd quarter valued at $213,000. 1.26% of the stock is owned by institutional investors.

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.