Insider Selling: Freedom Holding Corp. (NASDAQ:FRHC) CEO Sells $76,570.00 in Stock

Freedom Holding Corp. (NASDAQ:FRHC) CEO Robert Wotczak sold 650 shares of Freedom stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $117.80, for a total transaction of $76,570.00. Following the transaction, the chief executive officer now directly owns 72,000 shares in the company, valued at $8,481,600. This represents a 0.89 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through 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 shares were sold at an average price of $117.60, for a total transaction of $235,200.00.

Freedom Trading Up 0.9 %

Shares of FRHC stock opened at $118.43 on Friday. 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 price-to-earnings ratio of 20.89 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. The company has a 50-day simple moving average of $106.51 and a two-hundred day simple moving average of $90.78.

Hedge Funds Weigh In On Freedom

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