Freedom Holding Corp. (NASDAQ:FRHC) CFO Evgeny Ler Sells 15,114 Shares

Freedom Holding Corp. (NASDAQ:FRHC) CFO Evgeny Ler sold 15,114 shares of the business’s stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $157.37, for a total value of $2,378,490.18. Following the completion of the sale, the chief financial officer now directly owns 38,794 shares of the company’s stock, valued at approximately $6,105,011.78. This trade represents a 28.04 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

Freedom Trading Down 5.4 %

NASDAQ FRHC opened at $146.11 on Friday. The stock has a 50-day moving average of $138.71 and a 200-day moving average of $115.73. The firm has a market cap 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 1-year low of $64.00 and a 1-year high of $164.82.

Freedom (NASDAQ:FRHC) last released its quarterly earnings results 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 Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Headlands Technologies LLC bought a new position in Freedom during the 4th quarter valued at approximately $30,000. Tower Research Capital LLC TRC grew its holdings in shares of 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 period. Aquatic Capital Management LLC grew its holdings in shares of 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 period. Jane Street Group LLC purchased a new position in shares of Freedom during the 3rd quarter worth approximately $206,000. Finally, Victory Capital Management Inc. purchased a new position in shares of Freedom during the 3rd quarter worth approximately $213,000. 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.