Freedom Holding Corp. (NASDAQ:FRHC) CEO Robert Wotczak Sells 11,000 Shares

Freedom Holding Corp. (NASDAQ:FRHC - Get Free Report) CEO Robert Wotczak sold 11,000 shares of Freedom stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $156.88, for a total transaction of $1,725,680.00. Following the completion of the transaction, the chief executive officer now owns 59,000 shares in the company, valued at approximately $9,255,920. This trade represents a 15.71 % decrease in their position. The transaction was disclosed in a legal 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 transaction 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 transaction of $76,570.00.

Freedom Stock Performance

Freedom stock traded down $8.31 on Friday, reaching $146.11. 98,351 shares of the stock were exchanged, compared to its average volume of 96,566. The stock has a market cap of $8.86 billion, a PE ratio of 27.41 and a beta of 1.01. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 0.40. Freedom Holding Corp. has a twelve month low of $64.00 and a twelve month high of $164.82. The firm has a fifty day moving average price of $138.71 and a two-hundred day moving average price of $115.51.

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

Hedge Funds Weigh In On Freedom

Large investors have recently bought and sold shares of the business. Headlands Technologies LLC bought a new position in Freedom in the fourth quarter valued at $30,000. Tower Research Capital LLC TRC grew its position in Freedom by 27.9% in the fourth quarter. Tower Research Capital LLC TRC now owns 1,065 shares of the company's stock valued at $139,000 after purchasing an additional 232 shares in the last quarter. Aquatic Capital Management LLC lifted its stake in Freedom by 555.5% in the fourth quarter. Aquatic Capital Management LLC now owns 1,311 shares of the company's stock valued at $171,000 after acquiring an additional 1,111 shares during the last quarter. Walleye Capital LLC acquired a new stake in Freedom in the fourth quarter valued at $221,000. Finally, Deutsche Bank AG lifted its stake in Freedom by 34.6% in the fourth quarter. Deutsche Bank AG now owns 1,986 shares of the company's stock valued at $260,000 after acquiring an additional 510 shares during the last quarter. 1.26% of the stock is currently owned by institutional investors and hedge funds.

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.