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FRHC Freedom Holding Corp. Insider Trading

Latest: Freedom Life Chief Exec. Ofc. Sold $2.6M of Shares · Jun 2026

Multiple insiders have been active at Freedom Holding Corp. (FRHC): 7 distinct insiders account for 4 buy filings and 8 sell filings as of Jun 2026. Its highest-significance filing in the last 90 days: Freedom Life Chief Exec. Ofc. Azamat Yerdessov sold $2.6M, transaction dated Jun 2026.

12 filings analyzed · Latest 2026-06-08

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Buys
4
Sells
8
Insiders
7
Direction
Net selling

Freedom Holding Corp. leadership

CEO
Timur Turlov — PRINCIPAL EXECUTIVE OFFICER
CFO
Evgeny Ler — PRINCIPAL FINANCIAL OFFICER
General Counsel
Jason Kerr — Chief Legal Officer and Acting Corporate Secretary
Chair
Timur Turlov — Chief Executive Officer and Chairman of the Board

Historically, stocks have lagged the S&P 500 by a median ~3% over the 90 days after a medium insider sell (n ≈ 4,738, 2024-2026). Past results don't predict the future. How we measure this ↗

June 2026
2026-06-08
medium
Freedom Life Chief Exec. Ofc.
16,800 shares
$2,611,990
@ $155.48
Significance 5

Azamat Yerdessov sells 16,800 shares of FRHC for $2,611,989.93 across 8 transactions on 2026-06-04

Azamat Yerdessov, Chief Exec. Ofc. of Freedom Life, executed 8 separate sales totaling 16,800 shares for $2,611,989.93 on 2026-06-04, reducing his holdings by -6.9% vs pre-transaction holdings. The blended average transaction price was $155.48, compared to the current price of $142.01, placing the sales at a 9.5% premium to today's market. His prior two FRHC sales on 2024-11-19 and 2024-11-18 each showed positive 90-day returns (+34.4% and +34.8% respectively), indicating neither prior transaction was well-timed (stock rose after both sales). The company's fundamentals show Revenue of $628,621,000.00, Net income of $76,235,000.00, and a P/E of 122.42, reflecting a highly valued equity despite solid profitability. The timing pattern at FRHC (0 of 2 prior sells well-timed at 90-day mark) provides limited directional signal for this transaction's forward outlook.

February 2026
2026-02-27
high
*See Remarks
20,000 shares
$2,410,320
@ $120.52
Significance 6

Lukyanov purchases 20,000 FRHC shares for $2,410,320.00; holdings rise 15.1% as stock trades -36.8% from 52-week high

Lukyanov bought 20,000 shares across two separate transactions for a total of $2,410,320.00 at a blended average price of $120.52, increasing holdings by 15.1% to 152.4K shares. The purchases occur while FRHC trades -36.8% from its 52-week high of $190.14 and -6.0% over the prior 30 days. At the same ticker, his prior two buys (2025-07-01 and 2025-06-30) produced 90-day returns of +18.0% and +20.5% respectively, while his most recent same-ticker buy on 2025-08-29 was underwater at 90 days (-22.9%), showing mixed timing. The company reports strong fundamentals with +25.4% annual revenue growth and $76.2M net income on $628.6M quarterly revenue, though the P/E of 3004.25 reflects market pricing disconnects. This accumulation at a depressed valuation relative to 52-week range occurs against a pattern of variable execution results at this ticker.

September 2025
2025-09-02
medium
*See Remarks
5,725 shares
$982,811
@ $171.67
Significance 6

Lukyanov bought 5,725 shares of FRHC at $171.67 on 2025-08-29, raising holdings to 132,425 shares (+4.5%)

Sergey Lukyanov purchased 5,725 shares of Freedom Holding Corp. at $171.67 on 2025-08-29 for $982,810.75, extending a recent pattern of acquisitions at this ticker. Over the past two months, Lukyanov has made three open-market purchases at FRHC (July 1, June 30, and now August 29), with his two prior buys there returning +26.7% and +23.0% respectively over 30 days, while his earlier sell trades at the ticker (February 2025) generated negative 30-day returns averaging -17.0% but positive 90-day returns. The current price of $174.27 is -8.4% from the 52-week high and -4.3% over the trailing 30 days, placing the transaction near the mid-range of recent trading. With a P/E of 132.02 against annual revenue growth of +25.4% and net quarterly income of $30.4M on $533.4M in revenue, FRHC exhibits strong growth but elevated valuation multiples that warrant monitoring.

2025-09-02
medium
CHIEF TECHNOLOGY OFFICER
3,006 shares
$520,791
@ $173.25
Significance 6

CTO Tukanov sells 3,006 shares at blended $173.25, reducing holdings by 50.0% to 3.0K shares

Renat Tukanov, Chief Technology Officer of Freedom Holding Corp., executed 2 separate sales totaling 3,006 shares for $520,790.75 on 2025-08-29, with a blended average price of $173.25. This transaction cuts his post-transaction holdings in half to 3.0K shares, representing a material reduction in insider equity stake. The stock is currently trading at $174.27, near the transaction price, and has gained 14.5% over the past 90 days despite being -8.4% from its 52-week high of $190.14. The company shows strong fundamentals with $533.4M in latest quarterly revenue, annual revenue growth of +25.4%, and a market cap of $10.7B, though the elevated P/E of 132.02 reflects high valuation expectations. A 50% reduction in CTO holdings by a key technical executive warrants examination of whether this reflects portfolio rebalancing or broader strategic considerations.

July 2025
2025-07-02
medium
*See Remarks
6,900 shares
$1,001,974
@ $145.21
Significance 6

Lukyanov purchased 6,900 shares at blended $145.21 for $1,001,974.00; stock down -23.8% from 52-week high and -13.1% in 30 days.

Lukyanov executed 2 separate purchases totaling 6,900 shares for $1,001,974.00 between June 30 and July 1, 2025, at prices ($144.05 and $146.64) near FRHC's 52-week high of $183.07. The purchases expanded his holding by 5.8% to 126,700 shares. The timing is noteworthy: FRHC stock has declined -13.1% in the 30 days prior to the filing and trades -23.8% below its 52-week peak, creating a deteriorating price environment for a substantial open-market buy. His same-ticker history at FRHC shows mixed results—three 2025 sales that proved well-timed on the 90-day mark (all showing negative 90-day returns), but two 2023 sales that were poorly timed. The stock's fundamentals remain robust (annual revenue growth +25.4%, net income $78.3M on $655.2M quarterly revenue), yet the elevated P/E of 268.33 and recent downtrend suggest the recent accumulation occurred during a period of valuation compression and momentum weakness rather than at capitulation lows.

June 2025
2025-06-20
medium
President
600 shares
$84,450
@ $140.75
Significance 4

FRHC President Tashtitov buys 600 shares at $140.75; stock now -24.5% from 52-week high of $183.07

Tashtitov Askar, President of Freedom Holding Corp., purchased 600 shares at $140.75 on 2025-06-20, adding to holdings of 136,608 shares for a net increase of +0.4% in position size. The transaction occurred when the stock was trading near mid-range levels: $140.75 lies between the 52-week low of $73.72 and high of $183.07, and the current price of $138.29 is -24.5% from the 52-week high. The company's fundamentals remain solid with $655.2M in latest quarterly revenue, $78.3M net income, and +25.4% annual revenue growth, though the elevated P/E of 265.94 suggests the stock is priced for significant future expansion. The modest purchase size (+0.4% vs existing holdings) in the context of recent price weakness warrants attention to whether this reflects executive confidence in intrinsic value or routine portfolio activity.

March 2025
2025-03-03
medium
*See Remarks
7,227 shares
$1,045,050
@ $144.60
Significance 5

Zhumagulov sells 7,227 shares of FRHC across 3 transactions (Dec 2024–Feb 2025) for $1,045,050.00 at blended avg $144.60

Zhumagulov executed 3 separate sales totaling 7,227 shares for $1,045,050.00 between December 2024 and February 2025, reducing his holdings by 4.8% from 152,013 to 144,786 shares. The transactions occurred at prices ($120.00, $150.00, $145.00) spanning a $30 range, with the largest sale of 6,000 shares at $145.00 coming on 2025-02-28. Given that Freedom Holding Corp. reported 105.5% annual revenue growth, $78.3M net income on $655.2M quarterly revenue, and a current market cap of $8.8B at P/E 27.42, the company is fundamentally strong; the sales occur against a backdrop of strong year-to-date performance (90-day change: +22.0%) and a current price of $145.86 just below the 52-week high of $160.98. The filing itself provides no explicit disclosure flags regarding the motivation for these sales (such as a scheduled 10b5-1 plan or liquidity needs), so the timing and magnitude warrant review for context on whether this represents a partial portfolio adjustment or a shift in position sizing.

February 2025
2025-02-20
high
Ler Evgeny Sell
Chief Financial Officer
20,000 shares
$78,223,896
@ $3,911.19
Significance 7

CFO Evgeny Ler sells 20,000 shares for $78.2M across 5 transactions on 2025-02-18/19

Ler Evgeny, Chief Financial Officer of Freedom Holding Corp., executed 5 separate sales totaling 20,000 shares for $78,223,895.75 on February 18–19, 2025, reducing holdings from 53,908 to 33,908 shares (-37.1%). The transaction occurred near the 52-week peak—current price is $154.42, only -4.1% from the $160.98 high—and follows strong momentum (30-day +14.5%, 90-day +31.4%). The blended average price of $3,911.19 reflects a significant outlier in the fifth transaction (4,886 shares at $15,523.00 on 2025-02-19), which warrants investigation as a possible data anomaly, exercise of an option, or other non-standard settlement. His prior same-ticker sale in November 2023 was well-timed against a 90-day decline, but timing characterization here is limited by the recency of this multi-day filing; immediate post-sale price action and the extraordinary nature of the final transaction merit deeper examination.

2025-02-20
high
Pres & CEO - Prime Executions
20,000 shares
$3,134,710
@ $156.74
Significance 6

CEO Robert Wotczak sells 20,000 FRHC shares (28.6% of holdings) for $3.1M across 5 transactions on Feb 18-19

Robert Wotczak, President & CEO of Prime Executions at Freedom Holding Corp., executed 5 separate open-market sales totaling 20,000 shares for $3,134,710.00 at an average price of $156.74, reducing his holdings from 70,000 to 50,000 shares. The sales occurred near the 52-week high of $160.98, with prices ranging from $155.23 to $158.98 across the two trading days. His prior sells at FRHC (2 trades in August 2024) generated positive 90-day returns of +36.8% and +33.5%, indicating those sales were not well-timed for capturing subsequent declines; this transaction occurs against a backdrop of strong recent momentum (30-day return +14.5%, 90-day return +31.4%) and the stock currently trading 4.1% below its 52-week high. With annual revenue growth of +105.5% and a P/E of 29.03, the company shows high growth fundamentals that have driven the stock's recent outperformance.

2025-02-20
medium
*See Remarks
6,901 shares
$1,099,913
@ $159.38
Significance 5

Lukyanov sold 6,901 shares ($1.1M) across 3 transactions at avg $159.38; holds 120.8K post-sale.

Sergey Lukyanov executed three separate sales totaling 6,901 shares for $1,099,913.03 on February 14, 18, and 19, at prices ranging from $157.00 to $160.53, reducing his stake by 5.4% to 120.8K shares. The sales occurred near the 52-week high ($160.98), with the blended average sale price of $159.38 now trading 3.1% above the current price of $154.42. Lukyanov's same-ticker history shows 2 prior sales at FRHC in November 2023, both of which posted negative 90-day returns (-2.4% and -3.3%), establishing a 100% well-timed selling pattern at this ticker. His cross-ticker track record demonstrates a 90d well-timed rate of 100.00% across 2 prior sells, though with modest average returns (-2.2% on the 90-day basis). The company's fundamentals remain strong—annual revenue growth of +105.5%, $78.3M net income on $655.2M quarterly revenue, and a P/E of 29.03—but the stock has advanced 14.5% and 31.4% over the past 30 and 90 days respectively, creating a backdrop where historical insider exit points merit attention.

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