Freedom Holding Corp. (NASDAQ:FRHC) Insider Sells $314,317.74 in Stock

Freedom Holding Corp. (NASDAQ:FRHC) insider Sergey Lukyanov sold 1,958 shares of the company’s stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $160.53, for a total value of $314,317.74. Following the completion of the transaction, the insider now directly owns 122,842 shares of the company’s stock, valued at approximately $19,719,826.26. This trade represents a 1.57 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

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

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

Freedom Stock Down 1.4 %

NASDAQ FRHC opened at $154.42 on Friday. The stock’s 50 day moving average is $138.43 and its 200 day moving average is $115.05. 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. The stock has a market cap of $9.36 billion, a PE ratio of 28.97 and a beta of 1.01.

Freedom (NASDAQ:FRHC) last posted 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

A number of large investors have recently added to or reduced their stakes in the business. OMERS ADMINISTRATION Corp purchased a new position in Freedom in the 4th quarter worth approximately $1,189,000. Millennium Management LLC purchased a new stake in shares of Freedom during the 4th quarter worth approximately $2,130,000. Deutsche Bank AG raised its holdings in shares of Freedom by 34.6% during the 4th quarter. Deutsche Bank AG now owns 1,986 shares of the company’s stock worth $260,000 after acquiring an additional 510 shares in the last quarter. D. E. Shaw & Co. Inc. raised its holdings in shares of Freedom by 1,127.2% during the 4th quarter. D. E. Shaw & Co. Inc. now owns 64,369 shares of the company’s stock worth $8,412,000 after acquiring an additional 59,124 shares in the last quarter. Finally, Bank of America Corp DE raised its holdings in shares of Freedom by 27.5% during the 4th quarter. Bank of America Corp DE now owns 25,057 shares of the company’s stock worth $3,275,000 after acquiring an additional 5,399 shares in the last quarter. 1.26% of the stock is 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.