Freedom Holding Corp. (NASDAQ:FRHC) Insider Azamat Yerdessov Sells 7,521 Shares

Freedom Holding Corp. (NASDAQ:FRHC) insider Azamat Yerdessov sold 7,521 shares of the stock in a transaction on Monday, November 18th. The shares were sold at an average price of $116.52, for a total value of $876,346.92. Following the completion of the sale, the insider now owns 90,817 shares in the company, valued at approximately $10,581,996.84. This trade represents a 7.65 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Freedom Stock Up 4.8 %

Shares of NASDAQ FRHC traded up $5.59 during midday trading on Wednesday, hitting $122.59. 115,175 shares of the stock traded hands, compared to its average volume of 73,436. The company has a market cap of $7.43 billion, a PE ratio of 21.01 and a beta of 1.02. 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 business has a 50 day moving average price of $103.33 and a two-hundred day moving average price of $88.67. Freedom Holding Corp. has a one year low of $64.00 and a one year high of $122.71.

Institutional Trading of Freedom

Institutional investors and hedge funds have recently modified their holdings of the business. Geode Capital Management LLC grew its stake in shares of Freedom by 1.5% during the third quarter. Geode Capital Management LLC now owns 53,338 shares of the company’s stock valued at $5,054,000 after buying an additional 811 shares during the last quarter. State Street Corp grew its position in Freedom by 19.0% during the 3rd quarter. State Street Corp now owns 45,155 shares of the company’s stock worth $4,279,000 after purchasing an additional 7,207 shares during the period. Sparta 24 Ltd. acquired a new stake in Freedom during the 2nd quarter worth about $1,996,000. Marshall Wace LLP acquired a new stake in shares of Freedom during the 2nd quarter valued at about $618,000. Finally, Quadrature Capital Ltd purchased a new position in Freedom in 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.