Financial Lp Hrt Buys 34,355 Shares of Lion Group (NASDAQ:LGHL) Stock

Lion Group Holding Ltd. Sponsored ADR (NASDAQ:LGHL) major shareholder Financial Lp Hrt acquired 34,355 shares of the firm’s stock in a transaction on Friday, July 31st. The shares were bought at an average cost of $0.94 per share, for a total transaction of $32,293.70. Following the completion of the acquisition, the insider owned 74,710 shares of the company’s stock, valued at approximately $70,227.40. This represents a 85.13% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Major shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

Financial Lp Hrt also recently made the following trade(s):

• On Thursday, July 30th, Financial Lp Hrt sold 16,205 shares of Lion Group stock. The shares were sold at an average price of $1.04, for a total transaction of $16,853.20.
• On Wednesday, July 29th, Financial Lp Hrt sold 3,029 shares of Lion Group stock. The stock was sold at an average price of $1.21, for a total transaction of $3,665.09.
• On Monday, July 27th, Financial Lp Hrt sold 93,931 shares of Lion Group stock. The stock was sold at an average price of $1.59, for a total transaction of $149,350.29.
• On Wednesday, July 22nd, Financial Lp Hrt sold 3,763 shares of Lion Group stock. The shares were sold at an average price of $1.36, for a total transaction of $5,117.68.
• On Monday, July 20th, Financial Lp Hrt sold 4,366 shares of Lion Group stock. The stock was sold at an average price of $1.55, for a total value of $6,767.30.
• On Friday, July 17th, Financial Lp Hrt acquired 36 shares of Lion Group stock. The stock was purchased at an average price of $1.77 per share, for a total transaction of $63.72.
• On Thursday, July 23rd, Financial Lp Hrt sold 8,435 shares of Lion Group stock. The stock was sold at an average price of $1.43, for a total value of $12,062.05.
• On Friday, July 24th, Financial Lp Hrt acquired 27,702 shares of Lion Group stock. The shares were purchased at an average price of $0.95 per share, with a total value of $26,316.90.

Lion Group Trading Down 0.0%

Shares of Lion Group stock opened at $0.93 on Wednesday. The business has a 50 day simple moving average of $4.07 and a two-hundred day simple moving average of $8.04. Lion Group Holding Ltd. Sponsored ADR has a 12 month low of $0.86 and a 12 month high of $317.06. The company has a debt-to-equity ratio of 0.81, a current ratio of 4.11 and a quick ratio of 4.11.

Institutional Investors Weigh In On Lion Group

An institutional investor recently bought a new position in Lion Group stock. SmartHarvest Portfolios LLC purchased a new stake in Lion Group Holding Ltd. Sponsored ADR (NASDAQ:LGHL) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 32,448 shares of the company’s stock, valued at approximately $29,000. SmartHarvest Portfolios LLC owned about 81.12% of Lion Group as of its most recent filing with the Securities and Exchange Commission (SEC). 0.17% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

LGHL has been the subject of several recent research reports. Wall Street Zen raised Lion Group to a “hold” rating in a research note on Saturday, July 18th. Weiss Ratings upgraded shares of Lion Group from a “sell (e)” rating to a “sell (e+)” rating in a research report on Tuesday, July 28th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

About Lion Group

Lion Group Holding Ltd., together with its subsidiaries, operates a trading platform for corporate clients, individual traders, and retail investors primarily in the People's Republic of China and Southeast Asia. Its trading platform offers a range of products and services comprising contracts for difference trading, over-the-counter stock options trading, futures and securities brokerage, and total return swap trading services through its Lion Brokers Pro app platform. The company's trading platform allows users to trade various futures products on futures exchanges worldwide, including the Chicago Mercantile Exchange, Singapore Exchange, the Hong Kong Futures Exchange, and Eurex Exchange; stocks listed on the New York Stock Exchange, Nasdaq and Hong Kong Stock Exchange; and the People's Republic of China stocks listed on the Shanghai Stock Exchange and Shenzhen Stock Exchange that are eligible for the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect programs.