Lion Group (NASDAQ:LGHL) Major Shareholder Sells $12,062.05 in Stock

Lion Group Holding Ltd. Sponsored ADR (NASDAQ:LGHL) major shareholder Financial Lp Hrt sold 8,435 shares of the stock in a transaction that occurred 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 owned 55,260 shares of the company’s stock, valued at $79,021.80. This trade represents a 13.24% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 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 Monday, July 27th, Financial Lp Hrt sold 93,931 shares of Lion Group stock. The shares were sold at an average price of $1.59, for a total transaction of $149,350.29.
• 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 bought 36 shares of Lion Group stock. The stock was purchased at an average price of $1.77 per share, with a total value of $63.72.
• On Friday, July 24th, Financial Lp Hrt purchased 27,702 shares of Lion Group stock. The shares were purchased at an average cost of $0.95 per share, with a total value of $26,316.90.

Lion Group Stock Down 4.6%

Shares of LGHL stock opened at $1.03 on Friday. Lion Group Holding Ltd. Sponsored ADR has a 1 year low of $0.88 and a 1 year high of $322.85. The business’s fifty day moving average is $4.45 and its 200-day moving average is $8.40. The company has a current ratio of 4.11, a quick ratio of 4.11 and a debt-to-equity ratio of 0.81.

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

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Lion Group stock. Marex Group plc acquired a new stake in shares of Lion Group Holding Ltd. Sponsored ADR (NASDAQ:LGHL) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 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. Institutional investors and hedge funds own 0.17% of the company’s stock.

Analyst Upgrades and Downgrades

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