FRHC — Freedom Holding Corp

Founder-Led

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

About Freedom Holding Corp

Freedom Holding Corp., through its subsidiaries, provides securities brokerage, securities dealing, market making, investment research, investment counseling, retail and commercial banking, and insurance products. It offers retail brokerage services for exchange-traded and over-the-counter corporate equity and debt securities, money market instruments, exchange traded options and futures contracts, government bonds, and mutual funds; securities t… Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$142.11
Market Cap$8.83B
Float18.1M
Shares Outstanding61.2M
P/E (Forward)12.29
P/E (TTM)14,430.00
Price/Sales (TTM)5.93
vs. Analyst Target-46.5% to analyst PT
Profit Margin0.18%
Operating Margin (TTM)10.59%
Revenue (TTM)$1.49B
Earnings Growth (YoY)-3.10%
Dividend RateNone
Analyst Target Price$76.00

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $83.4M $24.8M $64.0M $40.4M
2021 $347M $150M $201M $177M
2022 $690M $227M $503M $444M
2023 $796M $205M $571M $450M
2024 $1.66B $376M $1.16B $951M
2025 $2.03B $84.7M $1.07B $666M

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Mar 2025 $446M -$143M
Jun 2025 $525M $30.4M
Sep 2025 $531M $38.7M
Dec 2025 $616M $76.2M

Ownership & Float

Insider Ownership70.6%
Institutional Ownership3.7%
Short Float5.2%
% of All Funds Holding1.55%
Number of Funds Holding127

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$145.39Near-term / short-term trend
Weekly40-Week SMA$142.71Medium-term trend
Weekly80-Week SMA$144.18Cyclical trend (business cycle)
Weekly200-Week SMA$103.57Secular trend (multi-year)
Monthly10-Month SMA$143.10Near-term monthly trend
Monthly20-Month SMA$142.48Medium-term monthly trend
Monthly40-Month SMA$111.48Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$169.00 resistance 1.06x 6 months ago
$110.00 support 1.21x 17 months ago
$95.00 support 1.29x 18 months ago
$76.00 support 1.38x 21 months ago

Historical Earnings Reactions (33 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap 0.78% 0.20% 54.55% 6.25% -2.78%
1 Day 1.14% 0.69% 63.64% 6.94% -3.51%
1 Week 2.00% 1.96% 69.70% 15.73% -11.11%
2 Weeks 2.07% 1.69% 60.61% 14.53% -11.11%
1 Month 3.43% 2.31% 54.55% 50.26% -22.47%

Next earnings: June 12, 2026 (15 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan2.5%75.0%8
Feb2.3%62.5%8
Mar-2.9%11.1%9
Apr-1.0%55.6%9
May7.4%87.5%8
Jun5.2%50.0%8
Jul6.6%50.0%8
Aug9.6%87.5%8
Sep-1.6%50.0%8
Oct6.0%75.0%8
Nov7.8%75.0%8
Dec3.0%37.5%8

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday 0.05% 47.8% 391
Tuesday 0.10% 52.1% 430
Wednesday 0.32% 55.1% 425
Thursday 0.13% 51.1% 419
Friday 0.22% 53.5% 419

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 3.7%

Insider Transactions — Smart Summary

Total insider ownership: 70.6%

Founder-led management: Timur Turlov (Chief Executive Officer & Chairman of the Board)

12-Month Insider Activity Summary

Total Filings7
Net Value+$3.6M
Net Shares Change27,812
% of Float0.2%
C-Suite Filings6
Clusters Detected1

Key Insiders

NameTitleNet ValueFilingsActivity
Lukyanov Sergey Chairman of the Management Board of Freedom Finance JSC and Chairman of the Board of Freedom Finance Global PLC +$4.4M 3 3 buy
Tukanov Renat CHIEF TECHNOLOGY OFFICER -$520,790.702 1 1 sell
Yerdessov Azamat Freedom Life Chief Exec. Ofc. -$355,239 1 1 sell
Tashtitov Askar President +$84,450 1 1 buy
Gamble Andrew -$47,756 1 1 sell

Transaction Clusters

PeriodFilingsInsidersNet ValueSeniority
2025-08-28 – 2025-09-02 3 3 +$106,781.048 3 C-suite

Significant Filings

DateInsiderTitleNet ValuePrice After
2026-02-27 Lukyanov Sergey Chairman of the Management Board of Freedom Finance JSC and Chairman of the Board of Freedom Finance Global PLC +$2.4M Transaction at $120.52, now +17.9%
2025-07-02 Lukyanov Sergey Chairman of the Management Board of Freedom Finance JSC and Chairman of the Board of Freedom Finance Global PLC +$1.0M Transaction at $145.21, now -2.1%
2025-09-02 Lukyanov Sergey Chairman of the Management Board of Freedom Finance JSC and Chairman of the Board of Freedom Finance Global PLC +$982,810.75 Transaction at $171.67, now -17.2%
2025-06-20 Tashtitov Askar President +$84,450 Transaction at $140.75, now +1.0%
2025-09-02 Tukanov Renat CHIEF TECHNOLOGY OFFICER -$520,790.702 Transaction at $173.25, now -18.0%
2026-02-17 Gamble Andrew -$47,756 Transaction at $119.39, now +19.0%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Freedom Holding Corp (FRHC) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for FRHC on Trend Edge →