Insider Selling: Freedom Holding Corp. (NASDAQ:FRHC) CEO Sells 650 Shares of Stock

Freedom Holding Corp. (NASDAQ:FRHC) CEO Robert Wotczak sold 650 shares of the firm’s stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $117.80, for a total value of $76,570.00. Following the transaction, the chief executive officer now directly owns 72,000 shares of the company’s stock, valued at $8,481,600. This represents a 0.89 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

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

• On Monday, November 25th, Robert Wotczak sold 2,000 shares of Freedom stock. The stock was sold at an average price of $117.60, for a total transaction of $235,200.00.

Freedom Stock Down 0.6 %

NASDAQ:FRHC traded down $0.72 during mid-day trading on Tuesday, hitting $117.38. 53,427 shares of the company’s stock were exchanged, compared to its average volume of 73,845. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.26 and a quick ratio of 1.26. The company has a market cap of $7.11 billion, a PE ratio of 20.70 and a beta of 1.02. The business has a fifty day moving average price of $105.21 and a 200 day moving average price of $90.05. Freedom Holding Corp. has a one year low of $64.00 and a one year high of $123.17.

Institutional Investors Weigh In On Freedom

Institutional investors have recently modified their holdings of the stock. Jane Street Group LLC bought a new stake in shares of Freedom during the third quarter valued at approximately $206,000. Victory Capital Management Inc. bought a new position in Freedom during the third quarter valued at approximately $213,000. Handelsbanken Fonder AB grew its holdings in shares of Freedom by 15.6% in the third quarter. Handelsbanken Fonder AB now owns 3,700 shares of the company’s stock worth $351,000 after acquiring an additional 500 shares during the period. Barclays PLC grew its position in Freedom by 1,263.2% during the third quarter. Barclays PLC now owns 4,144 shares of the company’s stock valued at $393,000 after buying an additional 3,840 shares during the period. Finally, Verition Fund Management LLC purchased a new stake in Freedom during the third quarter valued at approximately $400,000. 1.26% of the stock is 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.