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

Freedom Holding Corp. (NASDAQ:FRHC) insider Sergey Lukyanov sold 2,901 shares of the firm’s stock in a transaction on Friday, February 14th. The stock was sold at an average price of $160.29, for a total value of $465,001.29. Following the completion of the sale, the insider now directly owns 124,800 shares of the company’s stock, valued at $20,004,192. This trade represents a 2.27 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

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 value of $314,317.74.

Freedom Trading Down 1.4 %

Shares of NASDAQ:FRHC traded down $2.12 during midday trading on Thursday, reaching $154.42. 80,673 shares of the company’s stock were exchanged, compared to its average volume of 96,514. The firm’s 50 day simple moving average is $137.94 and its two-hundred day simple moving average is $114.77. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.28 and a quick ratio of 1.28. The stock has a market cap of $9.36 billion, a price-to-earnings ratio of 28.97 and a beta of 1.01. Freedom Holding Corp. has a fifty-two week low of $64.00 and a fifty-two week high of $164.82.

Freedom (NASDAQ:FRHC) last issued its quarterly earnings data on Friday, February 7th. The company reported $1.29 earnings per share (EPS) for the quarter. Freedom had a return on equity of 26.63% and a net margin of 14.99%.

Hedge Funds Weigh In On Freedom

Several institutional investors have recently bought and sold shares of the company. Marshall Wace LLP acquired a new position in Freedom in the 4th quarter valued at about $10,589,000. D. E. Shaw & Co. Inc. grew its position in Freedom by 1,127.2% in the 4th quarter. D. E. Shaw & Co. Inc. now owns 64,369 shares of the company’s stock valued at $8,412,000 after acquiring an additional 59,124 shares in the last quarter. Geode Capital Management LLC grew its position in Freedom by 1.3% in the 4th quarter. Geode Capital Management LLC now owns 54,034 shares of the company’s stock valued at $7,062,000 after acquiring an additional 696 shares in the last quarter. State Street Corp grew its position in Freedom by 19.0% in the 3rd quarter. State Street Corp now owns 45,155 shares of the company’s stock valued at $4,279,000 after acquiring an additional 7,207 shares in the last quarter. Finally, Swiss National Bank grew its position in Freedom by 1.4% in the 4th quarter. Swiss National Bank now owns 35,900 shares of the company’s stock valued at $4,692,000 after acquiring an additional 500 shares in the last quarter. 1.26% of the stock is owned by institutional investors and hedge funds.

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.