Financial Lp Hrt Purchases 27,702 Shares of Lion Group (NASDAQ:LGHL) Stock

Lion Group Holding Ltd. Sponsored ADR (NASDAQ:LGHL) major shareholder Financial Lp Hrt bought 27,702 shares of Lion Group stock in a transaction that occurred on Friday, July 24th. The stock was purchased at an average price of $0.95 per share, for a total transaction of $26,316.90. Following the acquisition, the insider directly owned 82,962 shares of the company’s stock, valued at $78,813.90. The trade was a 50.13% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Large shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

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

• On Friday, July 17th, Financial Lp Hrt acquired 36 shares of Lion Group stock. The stock was purchased 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 stock was sold at an average price of $1.43, for a total value of $12,062.05.

Lion Group Price Performance

LGHL traded up $0.04 during trading on Tuesday, hitting $1.10. 15,633,538 shares of the company’s stock were exchanged, compared to its average volume of 909,447. Lion Group Holding Ltd. Sponsored ADR has a 1 year low of $0.88 and a 1 year high of $349.83. The stock has a 50 day moving average price of $4.83 and a 200 day moving average price of $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 posted its earnings results on Thursday, April 30th. The company reported ($131.04) earnings per share (EPS) for the quarter. The firm had revenue of $6.17 million during the quarter.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on LGHL. Weiss Ratings lowered Lion Group from a “sell (e+)” rating to a “sell (e)” rating in a report on Monday, July 13th. Wall Street Zen upgraded shares of Lion Group to a “hold” rating in a research report on Saturday, July 18th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has a consensus rating of “Sell”.

Institutional Inflows and Outflows

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

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.