Financial Lp Hrt Buys 34,355 Shares of Lion Group (NASDAQ:LGHL) Stock

Lion Group Holding Ltd. Sponsored ADR (NASDAQ:LGHL) major shareholder Financial Lp Hrt purchased 34,355 shares of the firm’s stock in a transaction that occurred on Friday, July 31st. The shares were bought at an average cost of $0.94 per share, with a total value of $32,293.70. Following the completion of the acquisition, the insider owned 74,710 shares of the company’s stock, valued at approximately $70,227.40. This trade represents a 85.13% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Large shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

Financial Lp Hrt also recently made the following trade(s):

• On Thursday, July 30th, Financial Lp Hrt sold 16,205 shares of Lion Group stock. The shares were sold at an average price of $1.04, for a total transaction of $16,853.20.
• On Wednesday, July 29th, Financial Lp Hrt sold 3,029 shares of Lion Group stock. The stock was sold at an average price of $1.21, for a total transaction of $3,665.09.
• On Monday, July 27th, Financial Lp Hrt sold 93,931 shares of Lion Group stock. The shares were sold at an average price of $1.59, for a total transaction of $149,350.29.
• On Wednesday, July 22nd, Financial Lp Hrt sold 3,763 shares of Lion Group stock. The stock was sold at an average price of $1.36, for a total transaction of $5,117.68.
• On Monday, July 20th, Financial Lp Hrt sold 4,366 shares of Lion Group stock. The shares were sold at an average price of $1.55, for a total transaction of $6,767.30.
• On Friday, July 17th, Financial Lp Hrt acquired 36 shares of Lion Group stock. The stock was acquired at an average cost of $1.77 per share, for a total transaction of $63.72.
• On Thursday, July 23rd, Financial Lp Hrt sold 8,435 shares of Lion Group stock. The shares were sold at an average price of $1.43, for a total value of $12,062.05.
• On Friday, July 24th, Financial Lp Hrt bought 27,702 shares of Lion Group stock. The shares were acquired at an average price of $0.95 per share, for a total transaction of $26,316.90.

Lion Group Trading Up 0.6%

Shares of LGHL traded up $0.01 during mid-day trading on Monday, hitting $0.93. The company’s stock had a trading volume of 311,702 shares, compared to its average volume of 994,660. The company has a quick ratio of 4.11, a current ratio of 4.11 and a debt-to-equity ratio of 0.81. The firm has a 50-day simple moving average of $4.20 and a 200 day simple moving average of $8.15. Lion Group Holding Ltd. Sponsored ADR has a 1-year low of $0.86 and a 1-year high of $317.06.

Lion Group (NASDAQ:LGHL) last announced its quarterly earnings data on Thursday, April 30th. The company reported ($131.04) earnings per share for the quarter. The company had revenue of $6.17 million during the quarter.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on LGHL shares. Weiss Ratings raised shares of Lion Group from a “sell (e)” rating to a “sell (e+)” rating in a research note on Tuesday, July 28th. Wall Street Zen upgraded shares of Lion Group to a “hold” rating in a research note on Saturday, July 18th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Lion Group has an average rating of “Sell”.

Institutional Investors Weigh In On Lion Group

An institutional investor recently bought a new stake in Lion Group stock. Marex Group plc acquired a new stake in Lion Group Holding Ltd. Sponsored ADR (NASDAQ:LGHL) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 34,751 shares of the company’s stock, valued at approximately $89,000. Marex Group plc owned approximately 84.76% of Lion Group at the end of the most recent reporting period. 0.17% of the stock is currently owned by institutional investors and hedge funds.

Lion Group Company Profile

Lion Group Holding Ltd., together with its subsidiaries, operates a trading platform for corporate clients, individual traders, and retail investors primarily in the People's Republic of China and Southeast Asia. Its trading platform offers a range of products and services comprising contracts for difference trading, over-the-counter stock options trading, futures and securities brokerage, and total return swap trading services through its Lion Brokers Pro app platform. The company's trading platform allows users to trade various futures products on futures exchanges worldwide, including the Chicago Mercantile Exchange, Singapore Exchange, the Hong Kong Futures Exchange, and Eurex Exchange; stocks listed on the New York Stock Exchange, Nasdaq and Hong Kong Stock Exchange; and the People's Republic of China stocks listed on the Shanghai Stock Exchange and Shenzhen Stock Exchange that are eligible for the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect programs.