Freedom Holding Corp. (NASDAQ:FRHC) Insider Sells $465,001.29 in Stock

Freedom Holding Corp. (NASDAQ:FRHC) insider Sergey Lukyanov sold 2,901 shares of the stock in a transaction 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 transaction, the insider now owns 124,800 shares in the company, valued at approximately $20,004,192. This trade represents a 2.27 % 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 Tuesday, February 18th, Sergey Lukyanov sold 1,958 shares of Freedom stock. The stock was sold at an average price of $160.53, for a total transaction of $314,317.74.

Freedom Stock Performance

Shares of FRHC opened at $146.11 on Friday. The company’s fifty day moving average is $138.71 and its 200-day moving average is $115.73. Freedom Holding Corp. has a 12 month low of $64.00 and a 12 month high of $164.82. The firm has a market cap of $8.86 billion, a price-to-earnings ratio of 27.41 and a beta of 1.01. 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 (NASDAQ:FRHC) last announced its quarterly earnings results 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 Trading of Freedom

Large investors have recently modified their holdings of the company. JPMorgan Chase & Co. boosted its holdings in shares of Freedom by 1.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 8,863 shares of the company’s stock worth $840,000 after buying an additional 124 shares during the period. Barclays PLC boosted its holdings in shares of Freedom by 1,263.2% during the 3rd 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. State Street Corp boosted its holdings in shares of Freedom by 19.0% during the 3rd quarter. State Street Corp now owns 45,155 shares of the company’s stock worth $4,279,000 after buying an additional 7,207 shares during the period. Geode Capital Management LLC boosted its holdings in shares of Freedom by 1.5% during the 3rd quarter. Geode Capital Management LLC now owns 53,338 shares of the company’s stock worth $5,054,000 after buying an additional 811 shares during the period. Finally, Verition Fund Management LLC bought a new stake in shares of Freedom during the 3rd quarter worth $400,000. 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.