PDT Partners LLC Purchases Shares of 11,308 Freedom Holding Corp. (NASDAQ:FRHC)

PDT Partners LLC bought a new stake in Freedom Holding Corp. (NASDAQ:FRHC - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 11,308 shares of the company's stock, valued at approximately $1,478,000.

Several other large investors have also modified their holdings of the business. Aquatic Capital Management LLC lifted its stake in Freedom by 555.5% during the fourth quarter. Aquatic Capital Management LLC now owns 1,311 shares of the company's stock worth $171,000 after purchasing an additional 1,111 shares in the last quarter. Hsbc Holdings PLC raised its stake in shares of Freedom by 3.6% in the fourth quarter. Hsbc Holdings PLC now owns 24,337 shares of the company's stock valued at $3,185,000 after acquiring an additional 837 shares in the last quarter. Tower Research Capital LLC TRC boosted its stake in shares of Freedom by 27.9% in the 4th quarter. Tower Research Capital LLC TRC now owns 1,065 shares of the company's stock valued at $139,000 after buying an additional 232 shares during the period. Marshall Wace LLP acquired a new position in shares of Freedom during the fourth quarter worth $10,589,000. Finally, Walleye Capital LLC purchased a new stake in Freedom during the fourth quarter worth approximately $221,000. Institutional investors and hedge funds own 1.26% of the company's stock.

Insider Transactions at Freedom

In other Freedom news, CFO Evgeny Ler sold 15,114 shares of Freedom stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $157.37, for a total value of $2,378,490.18. Following the completion of the transaction, the chief financial officer now directly owns 38,794 shares in the company, valued at $6,105,011.78. The trade was a 28.04 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Sergey Lukyanov sold 1,958 shares of the firm's stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $160.53, for a total value of $314,317.74. Following the completion of the sale, the insider now directly owns 122,842 shares in the company, valued at approximately $19,719,826.26. This trade represents a 1.57 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 30,973 shares of company stock worth $4,883,489 in the last ninety days. Insiders own 70.40% of the company's stock.

Freedom Stock Performance

NASDAQ FRHC traded up $3.77 during trading hours on Friday, hitting $145.62. The company had a trading volume of 84,575 shares, compared to its average volume of 83,721. The company has a market cap of $8.53 billion, a PE ratio of 27.32 and a beta of 1.10. Freedom Holding Corp. has a 1-year low of $68.60 and a 1-year high of $164.82. The business has a 50 day moving average of $133.60 and a 200-day moving average of $130.34. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.28 and a current ratio of 1.28.

Freedom (NASDAQ:FRHC - Get Free Report) last posted 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%.

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.