Barclays PLC Purchases 3,840 Shares of Freedom Holding Corp. (NASDAQ:FRHC)

Barclays PLC increased its position in shares of Freedom Holding Corp. (NASDAQ:FRHC - Free Report) by 1,263.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,144 shares of the company's stock after purchasing an additional 3,840 shares during the period. Barclays PLC's holdings in Freedom were worth $393,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Jane Street Group LLC bought a new position in shares of Freedom during the third quarter worth approximately $206,000. Victory Capital Management Inc. acquired a new stake in Freedom during the third quarter worth approximately $213,000. Handelsbanken Fonder AB increased its stake in Freedom by 15.6% during the 3rd quarter. Handelsbanken Fonder AB now owns 3,700 shares of the company's stock worth $351,000 after acquiring an additional 500 shares during the period. Verition Fund Management LLC acquired a new position in Freedom in the 3rd quarter valued at $400,000. Finally, Quest Partners LLC grew its holdings in shares of Freedom by 901.9% during the 2nd quarter. Quest Partners LLC now owns 5,390 shares of the company's stock worth $406,000 after purchasing an additional 4,852 shares in the last quarter. 1.26% of the stock is owned by institutional investors and hedge funds.

Freedom Price Performance

Shares of NASDAQ FRHC traded up $0.85 during mid-day trading on Friday, reaching $134.10. The company had a trading volume of 85,037 shares, compared to its average volume of 80,269. Freedom Holding Corp. has a one year low of $64.00 and a one year high of $134.67. The business's 50-day simple moving average is $121.47 and its 200 day simple moving average is $100.41. 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 firm has a market cap of $8.13 billion, a price-to-earnings ratio of 23.65 and a beta of 1.02.

Insiders Place Their Bets

In other Freedom news, CEO Robert Wotczak sold 2,000 shares of Freedom stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $117.60, for a total value of $235,200.00. Following the transaction, the chief executive officer now owns 70,000 shares in the company, valued at $8,232,000. The trade was a 2.78 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Kairat Bakibayevich Akhmetov sold 600 shares of the business's stock in a transaction dated Friday, November 29th. The stock was sold at an average price of $119.80, for a total value of $71,880.00. Following the transaction, the insider now directly owns 139,400 shares of the company's stock, valued at approximately $16,700,120. The trade was a 0.43 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 16,271 shares of company stock worth $1,922,417 over the last ninety days. Corporate insiders own 70.40% of the company's stock.

Freedom 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.