Lion Group (NASDAQ:LGHL) Major Shareholder Purchases $21,989.70 in Stock

Lion Group Holding Ltd. Sponsored ADR (NASDAQ:LGHL) major shareholder Financial Lp Hrt bought 24,433 shares of the company’s stock in a transaction dated Tuesday, April 7th. The shares were purchased at an average price of $0.90 per share, with a total value of $21,989.70. Following the transaction, the insider owned 41,175 shares of the company’s stock, valued at $37,057.50. The trade was a 145.94% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Large shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Financial Lp Hrt also recently made the following trade(s):

• On Monday, April 6th, Financial Lp Hrt sold 6,437 shares of Lion Group stock. The stock was sold at an average price of $0.99, for a total value of $6,372.63.
• On Thursday, April 2nd, Financial Lp Hrt acquired 31,629 shares of Lion Group stock. The shares were purchased at an average price of $0.83 per share, with a total value of $26,252.07.
• On Wednesday, April 8th, Financial Lp Hrt acquired 590 shares of Lion Group stock. The shares were purchased at an average price of $0.96 per share, with a total value of $566.40.
• On Friday, March 20th, Financial Lp Hrt sold 9,408 shares of Lion Group stock. The shares were sold at an average price of $1.05, for a total value of $9,878.40.
• On Thursday, March 19th, Financial Lp Hrt purchased 4,122 shares of Lion Group stock. The shares were bought at an average cost of $1.10 per share, with a total value of $4,534.20.

Lion Group Stock Performance

Shares of LGHL traded up $0.05 during mid-day trading on Thursday, reaching $0.93. The company’s stock had a trading volume of 59,852 shares, compared to its average volume of 281,041. Lion Group Holding Ltd. Sponsored ADR has a 1-year low of $0.77 and a 1-year high of $62.92. The business has a 50-day simple moving average of $1.18 and a two-hundred day simple moving average of $1.84.

Institutional Trading of Lion Group

An institutional investor recently bought a new position in Lion Group stock. Marex Group plc purchased a new stake in Lion Group Holding Ltd. Sponsored ADR (NASDAQ:LGHL) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 34,751 shares of the company’s stock, valued at approximately $89,000. Marex Group plc owned about 84.76% of Lion Group as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds own 0.17% of the company’s stock.

Wall Street Analysts Forecast Growth

LGHL has been the topic of a number of recent research reports. Wall Street Zen upgraded Lion Group to a “sell” rating in a research note on Saturday, February 21st. Weiss Ratings reiterated a “sell (e)” rating on shares of Lion Group in a research note on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Lion Group has an average rating of “Sell”.

Lion Group Company Profile

Lion Group Holding Ltd., together with its subsidiaries, operates a trading platform for corporate clients, individual traders, and retail investors primarily in the People's Republic of China and Southeast Asia. Its trading platform offers a range of products and services comprising contracts for difference trading, over-the-counter stock options trading, futures and securities brokerage, and total return swap trading services through its Lion Brokers Pro app platform. The company's trading platform allows users to trade various futures products on futures exchanges worldwide, including the Chicago Mercantile Exchange, Singapore Exchange, the Hong Kong Futures Exchange, and Eurex Exchange; stocks listed on the New York Stock Exchange, Nasdaq and Hong Kong Stock Exchange; and the People's Republic of China stocks listed on the Shanghai Stock Exchange and Shenzhen Stock Exchange that are eligible for the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect programs.