Freedom (NASDAQ:FRHC) Stock Price Down 6.4% – What’s Next?

Posted by Brian Himes on Aug 24th, 2026

Freedom Holding Corp. (NASDAQ:FRHC – Get Free Report) traded down 6.4% during mid-day trading on Monday . The stock traded as low as $159.59 and last traded at $159.7950. Approximately 46,276 shares were traded during trading, a decline of 64% from the average daily volume of 130,040 shares. The stock had previously closed at $170.66.

Analyst Ratings Changes

Several equities research analysts have weighed in on the stock. Weiss Ratings raised shares of Freedom from a “sell (d+)” rating to a “hold (c)” rating in a research note on Tuesday, June 2nd. HC Wainwright reissued a “buy” rating on shares of Freedom in a research report on Monday, July 20th. Wedbush set a $180.00 target price on Freedom in a research note on Thursday, August 6th. Finally, KeyCorp reaffirmed a “market perform” rating on shares of Freedom in a research report on Friday, June 5th. One investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $159.00.

Check Out Our Latest Analysis on FRHC

Freedom Trading Down 7.4%

The business has a fifty day moving average of $150.43 and a 200-day moving average of $143.11. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.16 and a current ratio of 1.16. The company has a market capitalization of $10.08 billion, a P/E ratio of 62.46 and a beta of 0.67.

Freedom (NASDAQ:FRHC – Get Free Report) last announced its quarterly earnings results on Monday, August 10th. The company reported $0.52 EPS for the quarter, missing analysts’ consensus estimates of $0.87 by ($0.35). Freedom had a net margin of 6.47% and a return on equity of 10.96%. The business had revenue of $554.96 million for the quarter, compared to the consensus estimate of $124.14 million.

Insider Transactions at Freedom

In related news, CTO Renat Tukanov sold 1,800 shares of the company’s stock in a transaction dated Monday, June 22nd. The shares were sold at an average price of $140.82, for a total value of $253,476.00. Following the sale, the chief technology officer owned 10,200 shares in the company, valued at $1,436,364. This represents a 15.00% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Azamat Yerdessov sold 16,800 shares of the company’s stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $155.48, for a total transaction of $2,612,064.00. Following the completion of the sale, the insider owned 227,442 shares in the company, valued at $35,362,682.16. This represents a 6.88% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 18,957 shares of company stock valued at $2,915,891 over the last three months. Corporate insiders own 69.80% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. California State Teachers Retirement System raised its holdings in shares of Freedom by 18,728.1% in the second quarter. California State Teachers Retirement System now owns 3,290,584 shares of the company’s stock valued at $429,322,000 after purchasing an additional 3,273,107 shares during the last quarter. BlackRock Inc. bought a new stake in Freedom in the 2nd quarter worth about $77,900,000. First Trust Advisors LP bought a new stake in Freedom in the 3rd quarter worth about $31,591,000. Millennium Management LLC increased its stake in Freedom by 648.1% in the 1st quarter. Millennium Management LLC now owns 121,942 shares of the company’s stock valued at $16,117,000 after buying an additional 105,641 shares during the last quarter. Finally, Goldman Sachs Group Inc. increased its stake in Freedom by 214.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 75,018 shares of the company’s stock valued at $9,915,000 after buying an additional 51,159 shares during the last quarter. Hedge funds and other institutional investors own 1.26% of the company’s stock.

Freedom Company Profile

(Get Free Report)

Freedom Holding Corp (NASDAQ: FRHC) is a diversified financial services holding company that provides a broad range of brokerage, trading, investment banking, and asset management services. Through its subsidiaries, the company caters to retail, institutional, and corporate clients by offering access to global capital markets, equity and fixed-income trading, and research-driven investment strategies.

The firm’s product suite includes online and over-the-counter brokerage platforms, margin lending, securities underwriting, and M&A advisory services.