Freedom Holding Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

NasdaqCM:FRHC Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
04 Mar 25	SellUS$427,856	Tukanov Sautzhanovich	Individual	2,992	US$143.00
04 Mar 25	SellUS$1,168	Tukanov Sautzhanovich	Individual	8	US$146.03
28 Feb 25	SellUS$1,045,050	Zhumagulov Bolatovich	Individual	7,227	US$150.00
25 Feb 25	SellUS$144,000	Sergey Lukyanov	Individual	1,000	US$144.00
19 Feb 25	SellUS$3,134,710	Robert Wotczak	Individual	20,000	US$158.98
19 Feb 25	SellUS$3,136,972	Evgeny Ler	Individual	20,000	US$159.09
19 Feb 25	SellUS$785,595	Sergey Lukyanov	Individual	4,943	US$160.29
18 Feb 25	SellUS$314,318	Sergey Lukyanov	Individual	1,958	US$160.53
02 Dec 24	SellUS$662,420	Kairat Akhmetov	Individual	5,500	US$120.44
29 Nov 24	SellUS$71,880	Kairat Akhmetov	Individual	600	US$119.80
25 Nov 24	SellUS$311,770	Robert Wotczak	Individual	2,650	US$117.80
19 Nov 24	SellUS$1,147,065	Azamat Yerdessov	Individual	9,838	US$116.84
14 Nov 24	SellUS$890,125	Azamat Yerdessov	Individual	7,662	US$116.40
19 Aug 24	SellUS$84,930	Robert Wotczak	Individual	1,000	US$84.93
16 Aug 24	SellUS$541,839	Robert Wotczak	Individual	6,350	US$85.87

Insider Trading Volume

Insider Buying: FRHC insiders have only sold shares in the past 3 months.

Ownership Breakdown

What is the ownership structure of FRHC?
Owner Type	Number of Shares	Ownership Percentage
Institutions	888,263	1.47%
General Public	16,626,735	27.4%
Individual Insiders	43,105,219	71.1%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 72.17% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
70%	Timur Turlov	42,405,112	US$5.7b	0%	no data
0.25%	Zhumagulov Bolatovich	153,285	US$20.5m	-4.5%	no data
0.22%	Kairat Akhmetov	133,900	US$17.9m	-4.36%	no data
0.2%	Sergey Lukyanov	119,800	US$16.1m	86.9%	no data
0.17%	Askar Tashtitov	100,200	US$13.4m	0%	no data
0.15%	Azamat Yerdessov	88,500	US$11.9m	-16.5%	no data
0.13%	Marshall Wace LLP	81,027	US$10.9m	0%	0.02%
0.11%	BlackRock, Inc.	68,255	US$9.1m	1.89%	no data
0.11%	D. E. Shaw & Co., L.P.	64,369	US$8.6m	1,130%	0.01%
0.089%	Geode Capital Management, LLC	54,034	US$7.2m	1.3%	no data
0.082%	Robert Wotczak	50,000	US$6.7m	-28.6%	no data
0.08%	State Street Global Advisors, Inc.	48,669	US$6.5m	7.78%	no data
0.077%	UBS Asset Management AG	46,737	US$6.3m	22.8%	no data
0.066%	Citadel Advisors LLC	40,144	US$5.4m	466%	0.01%
0.059%	Swiss National Bank, Asset Management Arm	35,900	US$4.8m	1.41%	no data
0.056%	Evgeny Ler	33,908	US$4.5m	-17.3%	no data
0.053%	The Vanguard Group, Inc.	32,121	US$4.3m	-44.2%	no data
0.051%	Morgan Stanley, Investment Banking and Brokerage Investments	31,201	US$4.2m	1,950%	no data
0.046%	Hudson River Trading LLC, Asset Management Arm	28,040	US$3.8m	0%	0.02%
0.041%	Bank of America Corporation, Asset Management Arm	25,057	US$3.4m	27.5%	no data
0.041%	JPMorgan Chase & Co, Brokerage and Securities Investments	24,980	US$3.3m	277,000%	no data
0.04%	HSBC Global Asset Management (UK) Limited	24,337	US$3.3m	3.56%	no data
0.035%	Northern Trust Global Investments	21,338	US$2.9m	-36.4%	no data
0.034%	Goldman Sachs Group, Investment Banking and Securities Investments	20,522	US$2.8m	38.2%	no data
0.027%	California State Teachers' Retirement System	16,512	US$2.2m	154%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/03/23 17:00
End of Day Share Price	2025/03/21 00:00
Earnings	2024/12/31
Annual Earnings	2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Freedom Holding Corp. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Marla Backer	Sidoti & Company, LLC