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 company’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $117.60, for a total value of $235,200.00. Following the completion of the transaction, the chief executive officer now directly owns 70,000 shares in the company, valued at $8,232,000. This trade represents a 2.78 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

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

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

Freedom Trading Up 0.9 %

FRHC stock opened at $118.43 on Friday. Freedom Holding Corp. has a 12 month low of $64.00 and a 12 month high of $123.17. The firm’s 50-day moving average is $106.51 and its 200 day moving average is $90.78. The company has a market capitalization of $7.18 billion, a PE ratio of 20.89 and a beta of 1.02. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.26 and a quick ratio of 1.26.

Institutional Trading of Freedom

Several institutional investors and hedge funds have recently modified their holdings of FRHC. Geode Capital Management LLC increased its holdings in Freedom by 1.5% during the 3rd quarter. Geode Capital Management LLC now owns 53,338 shares of the company’s stock worth $5,054,000 after purchasing an additional 811 shares during the period. State Street Corp raised its holdings in shares of Freedom by 19.0% in 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 in the last quarter. Sparta 24 Ltd. purchased a new stake in Freedom in the second quarter worth about $1,996,000. Marshall Wace LLP bought a new position in Freedom during the 2nd quarter worth about $618,000. Finally, Quadrature Capital Ltd purchased a new position in Freedom during the 1st quarter valued at about $426,000. Institutional investors 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.