Freedom Holding Corp. (NASDAQ:FRHC) Shares Purchased by Barclays PLC

Barclays PLC grew its position in Freedom Holding Corp. (NASDAQ:FRHC) by 1,263.2% in the 3rd quarter, according to the company in its most recent 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 SEC filing.

Several other large investors also recently made changes to their positions in FRHC. Marshall Wace LLP acquired a new stake in Freedom in the second quarter worth about $618,000. State Street Corp raised its position in shares of Freedom by 19.0% during the 3rd quarter. State Street Corp now owns 45,155 shares of the company’s stock worth $4,279,000 after buying an additional 7,207 shares in the last quarter. Verition Fund Management LLC acquired a new stake in shares of Freedom in the 3rd quarter worth approximately $400,000. Victory Capital Management Inc. bought a new position in shares of Freedom in the third quarter valued at approximately $213,000. Finally, Jane Street Group LLC acquired a new position in shares of Freedom during the third quarter valued at approximately $206,000. Institutional investors and hedge funds own 1.26% of the company’s stock.

Insider Buying and Selling at Freedom

In other Freedom news, insider Kairat Bakibayevich Akhmetov sold 600 shares of the company’s stock in a transaction dated Friday, November 29th. The shares were sold at an average price of $119.80, for a total transaction of $71,880.00. Following the completion of the sale, the insider now directly owns 139,400 shares of the company’s stock, valued at approximately $16,700,120. This represents a 0.43 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Azamat Yerdessov sold 7,521 shares of Freedom stock in a transaction that occurred on Monday, November 18th. The stock was sold at an average price of $116.52, for a total transaction of $876,346.92. Following the completion of the transaction, the insider now directly owns 90,817 shares in the company, valued at approximately $10,581,996.84. This trade represents a 7.65 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 16,271 shares of company stock valued at $1,922,417. 70.40% of the stock is owned by insiders.

Freedom Stock Performance

FRHC opened at $134.63 on Friday. Freedom Holding Corp. has a 1-year low of $64.00 and a 1-year high of $136.07. The company has a market capitalization of $8.16 billion, a price-to-earnings ratio of 23.74 and a beta of 1.01. The business has a 50 day moving average price of $125.79 and a two-hundred day moving average price of $103.91. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.26 and a quick ratio of 1.26.

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.