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

Freedom Holding Corp. (NASDAQ:FRHC) CEO Robert Wotczak sold 2,000 shares of Freedom stock in a transaction dated Monday, November 25th. The stock was 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 $8,232,000. This trade represents a 2.78 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through 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 Trading Up 0.9 %

Shares of Freedom stock opened at $118.43 on Thursday. The company’s fifty day moving average is $106.10 and its two-hundred day moving average is $90.59. Freedom Holding Corp. has a 1 year low of $64.00 and a 1 year high of $123.17. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.26 and a current ratio of 1.26. The company has a market capitalization of $7.18 billion, a P/E ratio of 20.89 and a beta of 1.02.

Hedge Funds Weigh In On Freedom

Institutional investors have recently added to or reduced their stakes in the stock. Jane Street Group LLC purchased a new position in shares of Freedom in the 3rd quarter valued at approximately $206,000. Victory Capital Management Inc. acquired a new stake in shares of Freedom during the third quarter worth $213,000. Handelsbanken Fonder AB grew its position in Freedom by 15.6% in the 3rd quarter. Handelsbanken Fonder AB now owns 3,700 shares of the company’s stock valued at $351,000 after buying an additional 500 shares during the last quarter. Barclays PLC increased its stake in Freedom by 1,263.2% in the 3rd 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 position in Freedom during the 3rd quarter worth $400,000. 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.