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

Freedom Holding Corp. (NASDAQ:FRHC) CFO Evgeny Ler sold 15,114 shares of the firm’s stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $157.37, for a total transaction of $2,378,490.18. Following the sale, the chief financial officer now directly owns 38,794 shares in the company, valued at $6,105,011.78. The trade was a 28.04 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Freedom Price Performance

NASDAQ:FRHC opened at $154.42 on Friday. The stock has a market capitalization of $9.36 billion, a PE ratio of 28.97 and a beta of 1.01. Freedom Holding Corp. has a 52 week low of $64.00 and a 52 week high of $164.82. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 0.40. The stock’s 50-day moving average price is $138.43 and its 200-day moving average price is $115.05.

Freedom (NASDAQ:FRHC) last issued its quarterly earnings data 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 Trading of Freedom

Large investors have recently made changes to their positions in the company. Marshall Wace LLP purchased a new position in Freedom in the 4th quarter worth approximately $10,589,000. D. E. Shaw & Co. Inc. increased its holdings in shares of Freedom by 1,127.2% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 64,369 shares of the company’s stock valued at $8,412,000 after purchasing an additional 59,124 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in Freedom by 286.0% during the fourth quarter. JPMorgan Chase & Co. now owns 34,213 shares of the company’s stock worth $4,471,000 after buying an additional 25,350 shares during the last quarter. Millennium Management LLC acquired a new position in Freedom during the fourth quarter worth $2,130,000. Finally, BNP Paribas Financial Markets purchased a new stake in Freedom in the 4th quarter valued at $1,534,000. 1.26% of the stock is currently owned by hedge funds and other institutional investors.

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.