Freedom Holding Corp. (NASDAQ:FRHC) Stock Position Decreased by Legal & General Group Plc
2025-04-25T08:13:07Z
Legal & General Group Plc cut its stake in shares of Freedom Holding Corp. (NASDAQ:FRHC – Free Report) by 4.4% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 15,955 shares of the co…
Legal & General Group Plc cut its stake in shares of Freedom Holding Corp. (NASDAQ:FRHC – Free Report) by 4.4% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 15,955 shares of the company’s stock after selling 736 shares during the period. Legal & General Group Plc’s holdings in Freedom were worth $2,085,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also modified their holdings of the stock. JPMorgan Chase & Co. lifted its stake in Freedom by 1.4% during the third quarter. JPMorgan Chase & Co. now owns 8,863 shares of the company’s stock valued at $840,000 after buying an additional 124 shares in the last quarter. Headlands Technologies LLC purchased a new stake in shares of Freedom in the 4th quarter valued at approximately $30,000. Swiss National Bank boosted its stake in Freedom by 1.4% in the 4th quarter. Swiss National Bank now owns 35,900 shares of the company’s stock worth $4,692,000 after purchasing an additional 500 shares during the period. Geode Capital Management LLC grew its position in Freedom by 1.3% during the 4th quarter. Geode Capital Management LLC now owns 54,034 shares of the company’s stock worth $7,062,000 after purchasing an additional 696 shares in the last quarter. Finally, Handelsbanken Fonder AB raised its stake in Freedom by 18.9% during the 4th quarter. Handelsbanken Fonder AB now owns 4,400 shares of the company’s stock valued at $575,000 after purchasing an additional 700 shares during the period. Institutional investors and hedge funds own 1.26% of the company’s stock.
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Insider Buying and Selling at Freedom
In other Freedom news, insider Sergey Lukyanov sold 2,901 shares of the business’s stock in a transaction dated Friday, February 14th. The stock was sold at an average price of $160.29, for a total value of $465,001.29. Following the transaction, the insider now owns 124,800 shares in the company, valued at $20,004,192. The trade was a 2.27 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Robert Wotczak sold 11,000 shares of the firm’s stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $156.88, for a total value of $1,725,680.00. Following the sale, the chief executive officer now directly owns 59,000 shares of the company’s stock, valued at $9,255,920. This trade represents a 15.71 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 30,973 shares of company stock worth $4,883,489. 70.40% of the stock is currently owned by company insiders.
Freedom Stock Performance
Shares of Freedom stock opened at $142.42 on Friday. The stock has a market cap of $8.35 billion, a PE ratio of 26.72 and a beta of 1.10. Freedom Holding Corp. has a 12 month low of $66.12 and a 12 month high of $164.82. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 0.40. The business has a fifty day simple moving average of $134.41 and a 200-day simple moving average of $128.24.
Freedom (NASDAQ:FRHC – Get Free Report) last released its earnings results on Friday, February 7th. The company reported $1.29 earnings per share for the quarter. Freedom had a return on equity of 26.63% and a net margin of 14.99%.
About Freedom
(Free Report)
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.
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