Lion Group (NASDAQ:LGHL) Major Shareholder Financial Lp Hrt Sells 16,205 Shares of Stock

Lion Group Holding Ltd. Sponsored ADR (NASDAQ:LGHL) major shareholder Financial Lp Hrt sold 16,205 shares of the firm’s stock in a transaction dated Thursday, July 30th. The stock was sold at an average price of $1.04, for a total transaction of $16,853.20. Following the completion of the transaction, the insider directly owned 40,355 shares in the company, valued at $41,969.20. This represents a 28.65% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Major shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

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

• On Friday, July 31st, Financial Lp Hrt purchased 34,355 shares of Lion Group stock. The shares were bought at an average price of $0.94 per share, for a total transaction of $32,293.70.
• On Wednesday, July 29th, Financial Lp Hrt sold 3,029 shares of Lion Group stock. The stock was sold at an average price of $1.21, for a total value of $3,665.09.
• On Monday, July 27th, Financial Lp Hrt sold 93,931 shares of Lion Group stock. The stock was sold at an average price of $1.59, for a total value of $149,350.29.
• 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 purchased 36 shares of Lion Group stock. The shares were purchased at an average price of $1.77 per share, with a total value of $63.72.
• On Thursday, July 23rd, Financial Lp Hrt sold 8,435 shares of Lion Group stock. The stock was sold at an average price of $1.43, for a total transaction of $12,062.05.
• On Friday, July 24th, Financial Lp Hrt acquired 27,702 shares of Lion Group stock. The stock was purchased at an average price of $0.95 per share, for a total transaction of $26,316.90.

Lion Group Price Performance

Lion Group stock traded up $0.01 during midday trading on Monday, reaching $0.93. 311,702 shares of the stock traded hands, compared to its average volume of 994,660. Lion Group Holding Ltd. Sponsored ADR has a fifty-two week low of $0.86 and a fifty-two week high of $317.06. The company has a current ratio of 4.11, a quick ratio of 4.11 and a debt-to-equity ratio of 0.81. The firm has a fifty day moving average price of $4.20 and a two-hundred day moving average price of $8.15.

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

Analyst Ratings Changes

A number of research analysts have recently commented on LGHL shares. Weiss Ratings raised Lion Group from a “sell (e)” rating to a “sell (e+)” rating in a report on Tuesday, July 28th. Wall Street Zen upgraded shares of Lion Group to a “hold” rating in a research report on Saturday, July 18th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

Institutional Trading of Lion Group

A hedge fund recently bought a new position in Lion Group stock. Marex Group plc bought a new position in shares of Lion Group Holding Ltd. Sponsored ADR (NASDAQ:LGHL) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 34,751 shares of the company’s stock, valued at approximately $89,000. Marex Group plc owned approximately 84.76% of Lion Group as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors own 0.17% of the company’s stock.

About Lion Group

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.