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

Freedom Holding Corp. (NASDAQ:FRHC) insider Sergey Lukyanov sold 1,958 shares of the business’s stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $160.53, for a total transaction of $314,317.74. Following the completion of the transaction, the insider now owns 122,842 shares of the company’s stock, valued at $19,719,826.26. The trade was a 1.57 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

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

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

Freedom Price Performance

Shares of NASDAQ:FRHC opened at $146.11 on Friday. The firm has a 50 day moving average of $138.71 and a 200-day moving average of $115.51. The stock has a market capitalization of $8.86 billion, a PE ratio of 27.41 and a beta of 1.01. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 0.40. Freedom Holding Corp. has a 12 month low of $64.00 and a 12 month high of $164.82.

Freedom (NASDAQ:FRHC) last issued its 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 Investors Weigh In On Freedom

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Headlands Technologies LLC bought a new stake in shares of Freedom during the 4th quarter valued at approximately $30,000. Tower Research Capital LLC TRC grew its holdings in Freedom by 27.9% during the 4th quarter. Tower Research Capital LLC TRC now owns 1,065 shares of the company’s stock worth $139,000 after acquiring an additional 232 shares during the last quarter. Aquatic Capital Management LLC grew its holdings in Freedom by 555.5% during the 4th quarter. Aquatic Capital Management LLC now owns 1,311 shares of the company’s stock worth $171,000 after acquiring an additional 1,111 shares during the last quarter. Jane Street Group LLC bought a new stake in Freedom during the 3rd quarter worth approximately $206,000. Finally, Victory Capital Management Inc. bought a new stake in Freedom during the 3rd quarter worth approximately $213,000. 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.