Robert Wotczak Sells 2,000 Shares of Freedom Holding Corp. (NASDAQ:FRHC) Stock

Freedom Holding Corp. (NASDAQ:FRHC) CEO Robert Wotczak sold 2,000 shares of the firm’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $117.60, for a total value of $235,200.00. Following the sale, the chief executive officer now owns 70,000 shares in the company, valued at approximately $8,232,000. The trade was a 2.78 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

Robert Wotczak also recently made the following trade(s):

• On Friday, November 22nd, Robert Wotczak sold 650 shares of Freedom stock. The shares were sold at an average price of $117.80, for a total transaction of $76,570.00.

Freedom Stock Down 0.6 %

Shares of Freedom stock traded down $0.72 on Tuesday, hitting $117.38. 53,427 shares of the company’s stock traded hands, compared to its average volume of 73,845. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 0.24. The firm’s 50-day moving average is $105.21 and its 200 day moving average is $90.05. The stock has a market cap of $7.11 billion, a P/E ratio of 20.83 and a beta of 1.02. Freedom Holding Corp. has a 52-week low of $64.00 and a 52-week high of $123.17.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Geode Capital Management LLC increased its position in Freedom by 1.5% in the 3rd quarter. Geode Capital Management LLC now owns 53,338 shares of the company’s stock valued at $5,054,000 after acquiring an additional 811 shares during the period. State Street Corp increased its stake in shares of Freedom by 19.0% during the third 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 during the period. Sparta 24 Ltd. acquired a new stake in Freedom in the second quarter worth approximately $1,996,000. Marshall Wace LLP bought a new position in Freedom during the 2nd quarter valued at $618,000. Finally, Quadrature Capital Ltd acquired a new position in shares of Freedom during the 1st quarter valued at $426,000. Institutional investors and hedge funds own 1.26% of the company’s stock.

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.