Insider Buying: Lion Group (NASDAQ:LGHL) Major Shareholder Purchases $32,293.70 in Stock

Lion Group Holding Ltd. Sponsored ADR (NASDAQ:LGHL) major shareholder Financial Lp Hrt purchased 34,355 shares of the business’s stock in a transaction dated Friday, July 31st. The shares were purchased at an average cost of $0.94 per share, with a total value of $32,293.70. Following the purchase, the insider directly owned 74,710 shares in the company, valued at approximately $70,227.40. The trade was a 85.13% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Large shareholders that own at least 10% 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 Thursday, July 30th, Financial Lp Hrt sold 16,205 shares of Lion Group stock. The stock was sold at an average price of $1.04, for a total transaction of $16,853.20.
• On Wednesday, July 29th, Financial Lp Hrt sold 3,029 shares of Lion Group stock. The shares were sold at an average price of $1.21, for a total transaction of $3,665.09.
• 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 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 stock was acquired at an average cost 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 acquired 27,702 shares of Lion Group stock. The shares were acquired at an average cost of $0.95 per share, with a total value of $26,316.90.

Lion Group Trading Up 0.6%

Shares of Lion Group stock traded up $0.01 during trading on Monday, hitting $0.93. 311,702 shares of the company were exchanged, compared to its average volume of 994,660. 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 Holding Ltd. Sponsored ADR has a fifty-two week low of $0.86 and a fifty-two week high of $317.06. The firm has a 50 day moving average price of $4.20 and a 200 day moving average price of $8.15.

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

Institutional Trading of Lion Group

A hedge fund recently bought a new position in Lion Group stock. Marex Group plc purchased a new stake in Lion Group Holding Ltd. Sponsored ADR (NASDAQ:LGHL) in the 4th quarter, according to its most recent filing with the SEC. The fund purchased 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 SEC. Institutional investors own 0.17% of the company’s stock.

Analyst Ratings Changes

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

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.