Freedom Holding Corp. (NASDAQ:FRHC) Insider Sergey Lukyanov Sells 2,901 Shares

Freedom Holding Corp. (NASDAQ:FRHC) insider Sergey Lukyanov sold 2,901 shares of Freedom 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 directly owns 124,800 shares of the company’s stock, valued at $20,004,192. This 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 Price Performance

Shares of NASDAQ FRHC opened at $154.42 on Friday. Freedom Holding Corp. has a twelve month low of $64.00 and a twelve month high of $164.82. The firm has a fifty day simple moving average of $138.43 and a 200 day simple moving average of $115.05. The company has a market capitalization of $9.36 billion, a PE ratio of 28.97 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 earnings results on Friday, February 7th. The company reported $1.29 earnings per share for the quarter. Freedom had a net margin of 14.99% and a return on equity of 26.63%.

Hedge Funds Weigh In On Freedom

A number of hedge funds have recently bought and sold shares of the company. Marshall Wace LLP bought a new stake in Freedom in the fourth quarter valued at $10,589,000. D. E. Shaw & Co. Inc. increased its stake in Freedom by 1,127.2% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 64,369 shares of the company’s stock valued at $8,412,000 after purchasing an additional 59,124 shares in the last quarter. Geode Capital Management LLC increased its stake in Freedom by 1.3% in the fourth quarter. Geode Capital Management LLC now owns 54,034 shares of the company’s stock valued at $7,062,000 after purchasing an additional 696 shares in the last quarter. State Street Corp increased its stake in Freedom by 19.0% in the third quarter. State Street Corp now owns 45,155 shares of the company’s stock valued at $4,279,000 after purchasing an additional 7,207 shares in the last quarter. Finally, Swiss National Bank increased its stake in Freedom by 1.4% in the fourth quarter. Swiss National Bank now owns 35,900 shares of the company’s stock valued at $4,692,000 after purchasing an additional 500 shares in the last quarter. Institutional investors own 1.26% of the company’s stock.

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.