Freedom Holding Corp. (NASDAQ:FRHC) CEO Robert Wotczak Sells 2,000 Shares

Freedom Holding Corp. (NASDAQ:FRHC) CEO Robert Wotczak sold 2,000 shares of the firm’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $117.60, for a total value of $235,200.00. Following the transaction, the chief executive officer now directly owns 70,000 shares in the company, valued at $8,232,000. This trade represents a 2.78 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.

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

• 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 Stock Performance

Shares of FRHC stock opened at $117.38 on Wednesday. The company has a market capitalization of $7.11 billion, a P/E ratio of 20.70 and a beta of 1.02. Freedom Holding Corp. has a fifty-two week low of $64.00 and a fifty-two week high of $123.17. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.26 and a current ratio of 1.26. The stock has a 50 day moving average price of $105.65 and a two-hundred day moving average price of $90.39.

Institutional Investors Weigh In On Freedom

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in FRHC. Jane Street Group LLC purchased a new position in shares of Freedom in the third quarter valued at about $206,000. Victory Capital Management Inc. bought a new stake in shares of Freedom in the third quarter worth about $213,000. Handelsbanken Fonder AB increased its holdings in Freedom by 15.6% during the 3rd quarter. Handelsbanken Fonder AB now owns 3,700 shares of the company’s stock valued at $351,000 after purchasing an additional 500 shares during the period. Barclays PLC raised its position in Freedom by 1,263.2% during the 3rd quarter. Barclays PLC now owns 4,144 shares of the company’s stock valued at $393,000 after purchasing an additional 3,840 shares during the last quarter. Finally, Verition Fund Management LLC bought a new position in Freedom during the 3rd quarter valued at approximately $400,000. 1.26% of the stock is currently owned by 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.