Freedom Holding Corp. (NASDAQ:FRHC) CEO Sells $1,725,680.00 in Stock

Freedom Holding Corp. (NASDAQ:FRHC) CEO Robert Wotczak sold 11,000 shares of the stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $156.88, for a total transaction of $1,725,680.00. Following the transaction, the chief executive officer now owns 59,000 shares in the company, valued at approximately $9,255,920. The trade was a 15.71 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

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

• On Monday, November 25th, Robert Wotczak sold 2,000 shares of Freedom stock. The shares were sold at an average price of $117.60, for a total transaction of $235,200.00.
• On Friday, November 22nd, Robert Wotczak sold 650 shares of Freedom stock. The stock was sold at an average price of $117.80, for a total transaction of $76,570.00.

Freedom Trading Down 1.4 %

NASDAQ:FRHC opened at $154.42 on Friday. The stock has a market capitalization of $9.36 billion, a price-to-earnings ratio of 28.97 and a beta of 1.01. Freedom Holding Corp. has a 52 week low of $64.00 and a 52 week high of $164.82. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 0.40. The firm has a 50 day moving average of $138.43 and a 200 day moving average of $115.05.

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

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. Headlands Technologies LLC purchased a new stake in shares of Freedom during the fourth quarter worth about $30,000. Tower Research Capital LLC TRC boosted its stake in Freedom by 27.9% in the 4th quarter. Tower Research Capital LLC TRC now owns 1,065 shares of the company’s stock worth $139,000 after purchasing an additional 232 shares in the last quarter. Aquatic Capital Management LLC grew its holdings in shares of Freedom by 555.5% during the fourth quarter. Aquatic Capital Management LLC now owns 1,311 shares of the company’s stock valued at $171,000 after buying an additional 1,111 shares during the last quarter. Jane Street Group LLC purchased a new stake in Freedom during the 3rd quarter valued at about $206,000. Finally, Victory Capital Management Inc. purchased a new stake in Freedom in the third quarter valued at approximately $213,000. 1.26% of the stock is currently owned by hedge funds and other 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.