Key Points
- Major shareholder Financial Lp Hrt bought 31,629 shares of Lion Group at an average price of $0.83 on April 2 for about $26,252 and now reports owning 23,179 shares, with several other buys and sells recorded in late March/early April, per an SEC filing.
- Lion Group (LGHL) shares opened at $0.87, trading well below the 50-day ($1.17) and 200-day ($1.84) moving averages and near the 52-week low of $0.77.
- Marex Group plc bought 34,751 shares (~$89,000) in Q4 and was reported to own 84.76% of the company at quarter-end, while analysts’ consensus rating for the stock is "Sell."
Lion Group Holding Ltd. Sponsored ADR (NASDAQ:LGHL - Get Free Report) major shareholder Financial Lp Hrt acquired 24,433 shares of the firm's stock in a transaction dated Tuesday, April 7th. The stock was purchased at an average cost of $0.90 per share, with a total value of $21,989.70. Following the completion of the acquisition, the insider directly owned 41,175 shares of the company's stock, valued at approximately $37,057.50. This trade represents a 145.94% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Major shareholders that own more than 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 Monday, April 6th, Financial Lp Hrt sold 6,437 shares of Lion Group stock. The stock was sold at an average price of $0.99, for a total value of $6,372.63.
- On Thursday, April 2nd, Financial Lp Hrt purchased 31,629 shares of Lion Group stock. The shares were bought at an average cost of $0.83 per share, with a total value of $26,252.07.
- On Wednesday, April 8th, Financial Lp Hrt purchased 590 shares of Lion Group stock. The shares were bought at an average cost of $0.96 per share, with a total value of $566.40.
- On Friday, March 20th, Financial Lp Hrt sold 9,408 shares of Lion Group stock. The stock was sold at an average price of $1.05, for a total value of $9,878.40.
- On Thursday, March 19th, Financial Lp Hrt purchased 4,122 shares of Lion Group stock. The shares were bought at an average cost of $1.10 per share, with a total value of $4,534.20.
Lion Group Stock Down 1.2%
Shares of NASDAQ LGHL opened at $0.87 on Friday. The stock has a fifty day moving average price of $1.17 and a 200 day moving average price of $1.84. Lion Group Holding Ltd. Sponsored ADR has a 1-year low of $0.77 and a 1-year high of $62.92.
Wall Street Analyst Weigh In
Several brokerages recently weighed in on LGHL. Weiss Ratings reaffirmed a "sell (e)" rating on shares of Lion Group in a report on Monday, December 29th. Wall Street Zen raised Lion Group to a "sell" rating in a report on Saturday, February 21st. One analyst has rated the stock with a Sell rating, According to MarketBeat, Lion Group currently has a consensus rating of "Sell".
Get Our Latest Analysis on Lion Group
Institutional Inflows and Outflows
An institutional investor recently bought a new position in Lion Group stock. Marex Group plc acquired a new position in Lion Group Holding Ltd. Sponsored ADR (NASDAQ:LGHL - Free Report) in the 4th quarter, according to the company in its most recent filing 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 approximately 84.76% of Lion Group as of its most recent filing with the Securities and Exchange Commission (SEC). Hedge funds and other institutional investors own 0.17% of the company's stock.
Lion Group Company Profile
(
Get Free Report)
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.
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