Lion Group (NASDAQ:LGHL) Major Shareholder Sells $149,350.29 in Stock

Lion Group Holding Ltd. Sponsored ADR (NASDAQ:LGHL) major shareholder Financial Lp Hrt sold 93,931 shares of the company’s stock in a transaction dated Monday, July 27th. The shares were sold at an average price of $1.59, for a total value of $149,350.29. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Major shareholders that own more than 10% of a company’s shares are required to disclose their transactions 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 stock was sold at an average price of $1.36, for a total value 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 value of $6,767.30.
• On Friday, July 17th, Financial Lp Hrt acquired 36 shares of Lion Group stock. The shares were bought at an average price of $1.77 per share, for a total transaction of $63.72.
• On Thursday, July 23rd, Financial Lp Hrt sold 8,435 shares of Lion Group stock. The shares were sold at an average price of $1.43, for a total transaction of $12,062.05.
• On Friday, July 24th, Financial Lp Hrt bought 27,702 shares of Lion Group stock. The stock was bought at an average price of $0.95 per share, with a total value of $26,316.90.

Lion Group Trading Down 4.6%

NASDAQ:LGHL opened at $1.03 on Friday. Lion Group Holding Ltd. Sponsored ADR has a twelve month low of $0.88 and a twelve month high of $322.85. The company has a debt-to-equity ratio of 0.81, a current ratio of 4.11 and a quick ratio of 4.11. The company’s 50 day moving average is $4.45 and its two-hundred day moving average is $8.40.

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

Analysts Set New Price Targets

A number of analysts have commented on the company. Wall Street Zen raised Lion Group to a “hold” rating in a research report on Saturday, July 18th. Weiss Ratings upgraded Lion Group from a “sell (e)” rating to a “sell (e+)” rating in a research note on Tuesday. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Lion Group currently has an average rating of “Sell”.

Hedge Funds Weigh In On Lion Group

A hedge fund recently bought a new stake in Lion Group stock. SmartHarvest Portfolios LLC purchased a new stake in Lion Group Holding Ltd. Sponsored ADR (NASDAQ:LGHL) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 32,448 shares of the company’s stock, valued at approximately $29,000. SmartHarvest Portfolios LLC owned approximately 81.12% of Lion Group as of its most recent SEC filing. Institutional investors and hedge funds own 0.17% of the company’s stock.

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.