Insider Selling: Freedom Holding Corp. (NASDAQ:FRHC) Insider Sells 1,958 Shares of Stock

Freedom Holding Corp. (NASDAQ:FRHC) insider Sergey Lukyanov sold 1,958 shares of the firm’s stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $160.53, for a total value of $314,317.74. Following the sale, the insider now owns 122,842 shares in the company, valued at $19,719,826.26. This trade represents a 1.57 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Sergey Lukyanov also recently made the following trade(s):

• On Friday, February 14th, Sergey Lukyanov sold 2,901 shares of Freedom stock. The stock was sold at an average price of $160.29, for a total value of $465,001.29.

Freedom Trading Down 5.4 %

Shares of FRHC stock opened at $146.11 on Friday. Freedom Holding Corp. has a 1-year low of $64.00 and a 1-year high of $164.82. The company 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 debt-to-equity ratio of 0.40, a current ratio of 1.28 and a quick ratio of 1.28. The stock has a 50 day simple moving average of $138.71 and a 200-day simple moving average of $115.73.

Freedom (NASDAQ:FRHC) last posted its quarterly earnings data on Friday, February 7th. The company reported $1.29 earnings per share (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

Several institutional investors have recently bought and sold shares of FRHC. JPMorgan Chase & Co. lifted its position in shares of Freedom by 1.4% in the third quarter. JPMorgan Chase & Co. now owns 8,863 shares of the company’s stock valued at $840,000 after acquiring an additional 124 shares in the last quarter. Barclays PLC boosted its stake in 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 purchasing an additional 3,840 shares during the last quarter. State Street Corp grew its holdings in shares of Freedom by 19.0% during the third 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 in the last quarter. Geode Capital Management LLC raised its position in shares of Freedom by 1.5% in the third quarter. Geode Capital Management LLC now owns 53,338 shares of the company’s stock valued at $5,054,000 after buying an additional 811 shares during the last quarter. Finally, Verition Fund Management LLC purchased a new position in shares of Freedom in the third quarter worth about $400,000. 1.26% of the stock is currently owned by institutional investors and hedge funds.

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.