Barclays PLC Has $393,000 Stake in Freedom Holding Corp. (NASDAQ:FRHC)

Barclays PLC boosted its holdings 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 firm owned 4,144 shares of the company’s stock after purchasing an additional 3,840 shares during the quarter. Barclays PLC’s holdings in Freedom were worth $393,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of FRHC. Sparta 24 Ltd. acquired a new position in shares of Freedom during the second quarter valued at about $1,996,000. Marshall Wace LLP bought a new position in Freedom in the 2nd quarter valued at about $618,000. State Street Corp boosted its stake in Freedom by 19.0% during the 3rd quarter. State Street Corp now owns 45,155 shares of the company’s stock valued at $4,279,000 after purchasing an additional 7,207 shares during the last quarter. Quest Partners LLC increased its holdings 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 in the last quarter. Finally, Verition Fund Management LLC purchased a new stake in shares of Freedom in the third quarter worth approximately $400,000. Institutional investors own 1.26% of the company’s stock.

Insider Buying and Selling at Freedom

In other Freedom news, CEO Robert Wotczak sold 650 shares of Freedom stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $117.80, for a total transaction of $76,570.00. Following the transaction, the chief executive officer now owns 72,000 shares of the company’s stock, valued at $8,481,600. This trade represents a 0.89 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Kairat Bakibayevich Akhmetov sold 600 shares of the company’s stock in a transaction that occurred on Friday, November 29th. The shares were sold at an average price of $119.80, for a total value of $71,880.00. Following the completion of the transaction, 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 disclosure for this sale can be found here. In the last three months, insiders have sold 16,271 shares of company stock worth $1,922,417. Corporate insiders own 70.40% of the company’s stock.

Freedom Stock Up 0.6 %

Shares of NASDAQ:FRHC opened at $134.10 on Friday. The business’s 50 day moving average is $121.47 and its 200 day moving average is $100.27. Freedom Holding Corp. has a 12-month low of $64.00 and a 12-month high of $134.67. The stock has a market cap of $8.13 billion, a price-to-earnings ratio of 23.65 and a beta of 1.02. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 0.24.

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.