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Major Stock Sale: Freedom Holding Shares Worth Over a Million Dollars Sold!

New insider activity at Freedom Holding ( (FRHC) ) has taken place on March 4, 2025.

Aidos Zhumagulov recently executed a significant transaction involving Freedom Holding stock, selling a total of 7,227 shares. This sale amounted to a substantial $1,045,050, highlighting a noteworthy movement in the company’s stock holdings.

Recent Updates on FRHC stock

Freedom Holding Corp reported a significant increase in Q3 revenue to $655 million, up from $419 million in the previous year, driven by growth in fee and commission income, interest income, and insurance underwriting. The company’s strategic expansion in insurance activities and available-for-sale securities contributed to this growth, alongside a notable rise in customer liabilities, indicating an expanding client base. Despite a decline in net income attributable to common shareholders, the company’s earnings per share adjusted slightly. CEO Timur Turlov highlighted ongoing investments in digital infrastructure and fintech services, which have fueled customer base growth, particularly in banking and insurance segments. A unique loyalty cashback program linked to the company’s share value has also resonated well with customers, supporting the company’s market influence.

More about Freedom Holding

YTD Price Performance: 10.37%

Average Trading Volume: 88,682

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $8.92B

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