Barclays PLC Acquires 9,080 Shares of Freedom Holding Corp. (NASDAQ:FRHC)

Barclays PLC grew its stake in shares of Freedom Holding Corp. (NASDAQ:FRHC - Free Report) by 219.1% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 13,224 shares of the company's stock after acquiring an additional 9,080 shares during the period. Barclays PLC's holdings in Freedom were worth $1,728,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the stock. Headlands Technologies LLC purchased a new stake in Freedom in the fourth quarter worth $30,000. Jane Street Group LLC purchased a new stake in Freedom during the third quarter valued at about $206,000. Resona Asset Management Co. Ltd. bought a new position in Freedom during the fourth quarter worth about $431,000. KLP Kapitalforvaltning AS purchased a new position in shares of Freedom in the fourth quarter worth about $497,000. Finally, AlphaQuest LLC raised its position in shares of Freedom by 119.0% in the fourth quarter. AlphaQuest LLC now owns 4,154 shares of the company's stock valued at $543,000 after purchasing an additional 2,257 shares during the period. Hedge funds and other institutional investors own 1.26% of the company's stock.

Freedom Stock Performance

FRHC traded up $0.02 on Tuesday, hitting $148.75. The company's stock had a trading volume of 49,810 shares, compared to its average volume of 83,499. Freedom Holding Corp. has a 12 month low of $68.60 and a 12 month high of $164.82. The firm has a market cap of $8.72 billion, a P/E ratio of 27.91 and a beta of 1.14. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 0.40. The company's 50 day simple moving average is $133.59 and its 200-day simple moving average is $130.81.

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

Insiders Place Their Bets

In other Freedom news, insider Sergey Lukyanov sold 1,958 shares of the company's stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $160.53, for a total value of $314,317.74. Following the transaction, the insider now directly owns 122,842 shares in the company, valued at $19,719,826.26. This represents a 1.57 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Evgeny Ler sold 15,114 shares of Freedom stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $157.37, for a total value of $2,378,490.18. Following the sale, the chief financial officer now owns 38,794 shares of the company's stock, valued at approximately $6,105,011.78. This trade represents a 28.04 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 30,973 shares of company stock worth $4,883,489 in the last three months. 70.40% of the stock is currently owned by corporate insiders.

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.