Freedom Holding Corp. (NASDAQ:FRHC) CEO Sells $1,725,680.00 in Stock

Freedom Holding Corp. (NASDAQ:FRHC) CEO Robert Wotczak sold 11,000 shares of Freedom stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $156.88, for a total value of $1,725,680.00. Following the completion of the transaction, the chief executive officer now owns 59,000 shares of the company’s stock, valued at approximately $9,255,920. This trade represents a 15.71 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

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 value of $235,200.00.
• 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 value of $76,570.00.

Freedom Price Performance

Shares of NASDAQ FRHC opened at $146.11 on Friday. The stock has a market cap of $8.86 billion, a PE ratio of 27.41 and a beta of 1.01. Freedom Holding Corp. has a fifty-two week low of $64.00 and a fifty-two week high of $164.82. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.28 and a current ratio of 1.28. The stock has a fifty day moving average of $138.71 and a 200-day moving average of $115.73.

Freedom (NASDAQ:FRHC) last posted its quarterly earnings data on Friday, February 7th. The company reported $1.29 earnings per share (EPS) for the quarter. Freedom had a return on equity of 26.63% and a net margin of 14.99%.

Institutional Investors Weigh In On Freedom

Large investors have recently added to or reduced their stakes in the business. Headlands Technologies LLC bought a new stake in Freedom during the fourth quarter valued at $30,000. Tower Research Capital LLC TRC boosted its stake in Freedom by 27.9% during the fourth quarter. Tower Research Capital LLC TRC now owns 1,065 shares of the company’s stock valued at $139,000 after buying an additional 232 shares during the period. Aquatic Capital Management LLC boosted its stake in Freedom by 555.5% during the fourth quarter. Aquatic Capital Management LLC now owns 1,311 shares of the company’s stock valued at $171,000 after buying an additional 1,111 shares during the period. Walleye Capital LLC bought a new stake in Freedom during the fourth quarter valued at $221,000. Finally, Deutsche Bank AG boosted its stake in Freedom by 34.6% during the fourth quarter. Deutsche Bank AG now owns 1,986 shares of the company’s stock valued at $260,000 after buying an additional 510 shares during the period. 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.