Lion Group (NASDAQ:LGHL) Major Shareholder Financial Lp Hrt Sells 8,435 Shares

Lion Group Holding Ltd. Sponsored ADR (NASDAQ:LGHL) major shareholder Financial Lp Hrt sold 8,435 shares of the firm’s stock in a transaction on Thursday, July 23rd. The shares were sold at an average price of $1.43, for a total transaction of $12,062.05. Following the completion of the transaction, the insider directly owned 55,260 shares of the company’s stock, valued at approximately $79,021.80. The trade was a 13.24% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Large shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Financial Lp Hrt also recently made the following trade(s):

• On Wednesday, July 22nd, Financial Lp Hrt sold 3,763 shares of Lion Group stock. The shares were sold at an average price of $1.36, for a total transaction of $5,117.68.
• On Monday, July 20th, Financial Lp Hrt sold 4,366 shares of Lion Group stock. The stock was sold at an average price of $1.55, for a total transaction of $6,767.30.
• On Friday, July 17th, Financial Lp Hrt acquired 36 shares of Lion Group stock. The stock was acquired at an average price of $1.77 per share, for a total transaction of $63.72.
• On Friday, July 24th, Financial Lp Hrt acquired 27,702 shares of Lion Group stock. The stock was acquired at an average price of $0.95 per share, for a total transaction of $26,316.90.

Lion Group Stock Down 0.6%

NASDAQ:LGHL traded down $0.01 during trading hours on Tuesday, hitting $1.06. 16,487,096 shares of the company’s stock traded hands, compared to its average volume of 913,356. Lion Group Holding Ltd. Sponsored ADR has a 52 week low of $0.88 and a 52 week high of $349.83. The business’s fifty day simple moving average is $4.83 and its two-hundred day simple moving average is $8.81. The company has a debt-to-equity ratio of 0.81, a current ratio of 4.11 and a quick ratio of 4.11.

Lion Group (NASDAQ:LGHL) last announced its earnings results on Thursday, April 30th. The company reported ($131.04) earnings per share for the quarter. The business had revenue of $6.17 million during the quarter.

Institutional Investors Weigh In On Lion Group

An institutional investor recently bought a new position in Lion Group stock. Marex Group plc bought a new stake in shares of Lion Group Holding Ltd. Sponsored ADR (NASDAQ:LGHL) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 34,751 shares of the company’s stock, valued at approximately $89,000. Marex Group plc owned about 84.76% of Lion Group as of its most recent filing with the Securities and Exchange Commission. 0.17% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

LGHL has been the topic of several research analyst reports. Weiss Ratings cut shares of Lion Group from a “sell (e+)” rating to a “sell (e)” rating in a research report on Monday, July 13th. Wall Street Zen raised shares of Lion Group to a “hold” rating in a research note on Saturday, July 18th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has an average rating of “Sell”.

Lion Group Company Profile

Lion Group Holding Ltd., together with its subsidiaries, operates a trading platform for corporate clients, individual traders, and retail investors primarily in the People's Republic of China and Southeast Asia. Its trading platform offers a range of products and services comprising contracts for difference trading, over-the-counter stock options trading, futures and securities brokerage, and total return swap trading services through its Lion Brokers Pro app platform. The company's trading platform allows users to trade various futures products on futures exchanges worldwide, including the Chicago Mercantile Exchange, Singapore Exchange, the Hong Kong Futures Exchange, and Eurex Exchange; stocks listed on the New York Stock Exchange, Nasdaq and Hong Kong Stock Exchange; and the People's Republic of China stocks listed on the Shanghai Stock Exchange and Shenzhen Stock Exchange that are eligible for the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect programs.