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Insider Cluster (2 insiders) ·Filed Aug 21, 2026

FRHC

Freedom Holding Corp.
NEUTRAL
Impact 3/10
Horizondays Processed2mo ago
Insider cluster: 2 insiders, $487K total
Actionable Insight • Neutral

The CFO's $3.17M sale is notable in absolute terms but trivial relative to the $10.4B market cap. No material signal for traders — the cluster is consistent with routine portfolio diversification. Monitor next 8-K or earnings for any operational developments, but this filing alone does not warrant a position change.

DirectionNeutral
Confidencehigh
Horizondays
Latest settled — T+20d
FRHC ▲ +4.49% at T+20d
NEUTRAL call +4.49% · α vs SPY +4.48% · entry $157.41 → $164.48
Next anchor: T+60d in 20d
Latest observation: T+44 -2.38% FF3 residual α
Entry = T+0 close
Aug 21, 2026
via day close
T+1d
+8.65%
call +8.65% · α +8.33%
$171.02
settled 2mo ago
T+5d
+11.18%
call +11.18% · α +10.71%
$175.01
settled 2mo ago
T+20d
+4.49%
call +4.49% · α +4.48%
$164.48
settled 5w ago
T+60d
Pending
in 20d

Price Chart

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Executive Summary

Freedom Holding Corp. CFO Ler Evgeny sold $3.17M in open-market sales on August 19, 2026, while CTO Tukanov Renat sold $408K on August 13. The total cluster of $3.58M represents 0.034% of the $10.4B market cap, well below the 0.1% materiality threshold. Despite the CFO's concentrated selling, the dollar amount is trivial relative to company size, and the prior 30-day insider activity already showed $3.6M in sales, suggesting routine portfolio diversification rather than a bearish signal.

Key Financial Metrics

Direction
selling
Total Value
$3.6M
Insiders
2

Key Facts

  • CFO Ler Evgeny sold 20,000 shares total on Aug 19, 2026 for $3.17M across four open-market transactions
  • CTO Renat Tukanov sold 2,700 shares on Aug 13, 2026 for $408K
  • Total cluster value of $3.58M is only 0.034% of $10.4B market cap
  • Prior 30-day insider activity already showed $3.6M in sales, consistent with routine pattern
  • No 10b5-1 plan or vesting schedule disclosed, but dollar amount is immaterial relative to market cap

Financial Impact

Total insider sales of $3.58M represent 0.034% of market cap — immaterial

insider ownershipdilution

Risk Factors

  • CFO selling 20,000 shares in a single day could signal personal liquidity needs or reduced conviction, though dollar amount is immaterial
  • No insider buying to offset the selling pattern

Market Snapshot

Exchange
Nasdaq
Sector
Security Brokers, Dealers & Flotation Companies

Investment Themes

Traditional Finance

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-FRHC-1787342499405
13 reports for FRHC
Performance horizon
100% Hit rate @ T+60 5 of 5 directional calls Went positive at some point 5 of 5 best @ T+60▲ +27.44%Jun 25, 2026
Filters
Rows
Reports for FRHC — sortable, filterable
TypeNow
Sep 1, 2026
7w ago
Insider Cluster
NEUTRAL ★ 3/10
$171.87awaiting T+60—$174.04 (+1.26%)
Sep 1, 2026
7w ago
Insider Cluster
NEUTRAL ★ 2/10
$171.87awaiting T+60—$174.04 (+1.26%)
Aug 28, 2026
8w ago
Insider Cluster
NEUTRAL ★ 4/10
$175.01awaiting T+60—$174.04 (−0.55%)
Aug 21, 2026
9w ago
Insider Cluster
NEUTRAL ★ 3/10
$157.41awaiting T+60—$174.04 (+10.56%)
Aug 10, 2026
11w ago
Press Release
MIXED ★ 6/10
$150.00awaiting T+60—$174.04 (+16.03%)
Jul 1, 2026
16w ago
Press Release
BULLISH ★ 5/10
$157.11 $176.37▲ +12.26%▲ +9.30%$174.04 (+10.78%)
Jun 29, 2026
17w ago
8-K
NEUTRAL ★ 2/10
$130.47 $172.73▲ +32.39%▲ +28.83%$174.04 (+33.39%)
Jun 25, 2026
17w ago
Press Release
BULLISH ★ 6/10
$129.06 $164.48▲ +27.44%▲ +23.71%$174.04 (+34.85%)
Jun 24, 2026
17w ago
Insider Cluster
NEUTRAL ★ 2/10
$129.06 $164.48▲ +27.44%▲ +23.71%$174.04 (+34.85%)
Jun 11, 2026
19w ago
Institutional Cluster
BULLISH ★ 4/10
$140.39 $164.54▲ +17.21%▲ +12.81%$174.04 (+23.97%)
Showing 10 of 13

US Market Status

Market Closed — Opens in 1h 4m

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Report published Aug 21, 2026