JPMorgan Chase & Co. Has $840,000 Stock Position in Freedom Holding Corp. (NASDAQ:FRHC)

JPMorgan Chase & Co. increased its holdings in shares of Freedom Holding Corp. (NASDAQ:FRHCFree Report) by 1.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 8,863 shares of the company’s stock after buying an additional 124 shares during the quarter. JPMorgan Chase & Co.’s holdings in Freedom were worth $840,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Jane Street Group LLC acquired a new position in Freedom during the third quarter valued at approximately $206,000. Victory Capital Management Inc. bought a new stake in Freedom during the third quarter worth $213,000. Handelsbanken Fonder AB lifted its stake in Freedom by 15.6% in the third quarter. Handelsbanken Fonder AB now owns 3,700 shares of the company’s stock valued at $351,000 after acquiring an additional 500 shares during the last quarter. Barclays PLC grew its position in shares of Freedom by 1,263.2% in the 3rd quarter. Barclays PLC now owns 4,144 shares of the company’s stock valued at $393,000 after acquiring an additional 3,840 shares during the period. Finally, Verition Fund Management LLC acquired a new position in shares of Freedom during the 3rd quarter worth about $400,000. 1.26% of the stock is owned by institutional investors.

Freedom Trading Up 0.6 %

Shares of NASDAQ:FRHC opened at $138.32 on Monday. The company has a 50-day simple moving average of $127.91 and a 200 day simple moving average of $106.23. The company has a market capitalization of $8.38 billion, a P/E ratio of 24.40 and a beta of 1.01. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.26 and a current ratio of 1.26. Freedom Holding Corp. has a 52-week low of $64.00 and a 52-week high of $139.16.

Freedom (NASDAQ:FRHCGet Free Report) last issued its earnings results on Friday, November 8th. The company reported $1.89 EPS for the quarter. Freedom had a return on equity of 29.48% and a net margin of 17.79%. The company had revenue of $580.90 million during the quarter.

Insider Buying and Selling at Freedom

In related news, CEO Robert Wotczak sold 650 shares of the business’s stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $117.80, for a total value of $76,570.00. Following the completion of the sale, the chief executive officer now directly owns 72,000 shares in the company, valued at approximately $8,481,600. The trade was a 0.89 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Kairat Bakibayevich Akhmetov sold 5,500 shares of Freedom stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $120.44, for a total value of $662,420.00. Following the completion of the transaction, the insider now directly owns 133,900 shares of the company’s stock, valued at $16,126,916. This represents a 3.95 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 16,271 shares of company stock valued at $1,922,417 in the last three months. 70.40% of the stock is currently owned by company insiders.

Freedom Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Freedom (NASDAQ:FRHC)

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