Freedom Holding Corp. (NASDAQ:FRHC) Shares Acquired by Swiss National Bank

Swiss National Bank lifted its stake in Freedom Holding Corp. (NASDAQ:FRHC) by 1.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 35,900 shares of the company’s stock after purchasing an additional 500 shares during the quarter. Swiss National Bank’s holdings in Freedom were worth $4,692,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in FRHC. JPMorgan Chase & Co. increased its stake in shares of Freedom by 1.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 8,863 shares of the company’s stock worth $840,000 after acquiring an additional 124 shares during the last quarter. Barclays PLC raised its stake in Freedom by 1,263.2% during the third quarter. Barclays PLC now owns 4,144 shares of the company’s stock worth $393,000 after purchasing an additional 3,840 shares during the period. State Street Corp boosted its holdings in Freedom by 19.0% in 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. Geode Capital Management LLC grew its stake in shares of Freedom by 1.5% in the 3rd quarter. Geode Capital Management LLC now owns 53,338 shares of the company’s stock valued at $5,054,000 after buying an additional 811 shares during the period. Finally, Verition Fund Management LLC acquired a new stake in shares of Freedom during the 3rd quarter worth approximately $400,000. Hedge funds and other institutional investors own 1.26% of the company’s stock.

Freedom Trading Up 3.7 %

FRHC opened at $138.96 on Tuesday. The stock has a market capitalization of $8.14 billion, a PE ratio of 26.07 and a beta of 1.07. Freedom Holding Corp. has a one year low of $64.00 and a one year high of $164.82. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.28 and a current ratio of 1.28. The business’s 50 day moving average price is $141.42 and its 200 day moving average price is $123.02.

Freedom (NASDAQ:FRHC) last released 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%.

Insider Buying and Selling at Freedom

In related news, CEO Robert Wotczak sold 11,000 shares of the firm’s stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $156.88, for a total transaction of $1,725,680.00. Following the completion of the transaction, the chief executive officer now directly owns 59,000 shares in the company, valued at $9,255,920. This trade represents a 15.71 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Evgeny Ler sold 15,114 shares of the business’s stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $157.37, for a total transaction of $2,378,490.18. Following the sale, the chief financial officer now owns 38,794 shares in the company, valued at $6,105,011.78. This trade represents a 28.04 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 30,973 shares of company stock worth $4,883,489 over the last three months. 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.