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

Barclays PLC lifted its position in shares of Freedom Holding Corp. (NASDAQ:FRHC) by 1,263.2% during the 3rd quarter, according to the company in its most recent Form 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.

Several other institutional investors and hedge funds also recently made changes to their positions in FRHC. Jane Street Group LLC bought a new stake in Freedom during the 3rd quarter worth approximately $206,000. Victory Capital Management Inc. acquired a new position in shares of Freedom during the third quarter worth $213,000. Handelsbanken Fonder AB grew its stake in shares of Freedom by 15.6% in the third quarter. Handelsbanken Fonder AB now owns 3,700 shares of the company’s stock worth $351,000 after purchasing an additional 500 shares during the last quarter. Verition Fund Management LLC acquired a new stake in Freedom in the third quarter valued at $400,000. Finally, Quest Partners LLC raised its position in 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 during the last quarter. Institutional investors and hedge funds own 1.26% of the company’s stock.

Freedom Trading Up 0.6 %

NASDAQ FRHC opened at $134.10 on Friday. The firm has a market capitalization of $8.13 billion, a PE ratio of 23.65 and a beta of 1.02. The business’s 50-day moving average price is $121.47 and its two-hundred day moving average price is $100.27. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 0.24. Freedom Holding Corp. has a 12 month low of $64.00 and a 12 month high of $134.67.

Insider Activity at Freedom

In other news, insider Azamat Yerdessov sold 7,521 shares of the business’s stock in a transaction that occurred 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 transaction, the insider now owns 90,817 shares in the company, valued at approximately $10,581,996.84. The trade was a 7.65 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Robert Wotczak sold 2,000 shares of the stock in a transaction on Monday, November 25th. The stock was sold at an average price of $117.60, for a total transaction of $235,200.00. Following the sale, the chief executive officer now owns 70,000 shares of the company’s stock, valued at approximately $8,232,000. This trade represents a 2.78 % decrease in their ownership of the stock. 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. Insiders own 70.40% of the company’s stock.

About Freedom

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.