What’s Behind the $1 Million Freedom Holding Corp. Insider Buying Spree?
Freedom Holding Corp. (FRHC:US) is a Kazakhstan-headquartered multinational financial services group, operating in 22 countries. Founded in 2008, the company has built a robust ecosystem of investment banking, retail banking, insurance, telecommunications, and e-commerce services, cementing its status as a leading brokerage in Central Asia.
With a market cap of $8.5 billion supported by major assets under management, Freedom Holding is expanding its global footprint. A recent wave of insider buying suggests insiders are confident about where the company is heading next.
Insiders Double Down on FRHC Shares
Chairman Sergey Lukyanov made two large purchases on consecutive days - 3,800 shares on June 30 at $144.05 ($547,584) and 3,100 shares on July 1 at $146.64 ($454,584), totaling over $1 million. President Askar Tashtitov also stepped in earlier, acquiring 600 shares worth $84,898 on June 20.
These buys follow a positive rating outlook revision from S&P Global on June 26, 2025. The agency affirmed “B+/B” ratings for key subsidiaries and revised their outlooks to positive, citing improved risk management and compliance frameworks. The parent company’s “B-” rating was maintained with a stable outlook.
Strong Top-Line Growth Amid Margin Pressures
Freedom Holding’s fiscal year 2025 results reflect strong momentum. Revenue surged 23% to $2.05 billion, while assets rose to $9.9 billion. However, net income dropped sharply to $84.5 million from $375 million a year earlier, mainly due to higher expenses of $1.94 billion.
Despite shrinking profit margins, CEO Timur Turlov emphasized the company's investment in digital infrastructure and AI-powered fintech services as key to attracting new customers and sustaining long-term growth.
With ratings momentum, top-line expansion, and over $1 million in recent insider buying, the signals suggest internal conviction in the company’s strategic direction.
