Lion Group (NASDAQ:LGHL) Major Shareholder Financial Lp Hrt Sells 16,205 Shares

Lion Group Holding Ltd. Sponsored ADR (NASDAQ:LGHL) major shareholder Financial Lp Hrt sold 16,205 shares of the business’s stock in a transaction dated Thursday, July 30th. The shares were sold at an average price of $1.04, for a total value of $16,853.20. Following the completion of the transaction, the insider owned 40,355 shares in the company, valued at $41,969.20. This trade represents a 28.65% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Major shareholders that own 10% or more 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 Friday, July 31st, Financial Lp Hrt acquired 34,355 shares of Lion Group stock. The shares were bought at an average cost of $0.94 per share, with a total value of $32,293.70.
• On Wednesday, July 29th, Financial Lp Hrt sold 3,029 shares of Lion Group stock. The stock was sold at an average price of $1.21, for a total value 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 value 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 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 purchased 36 shares of Lion Group stock. The shares were bought at an average price of $1.77 per share, with a total value 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.
• On Friday, July 24th, Financial Lp Hrt acquired 27,702 shares of Lion Group stock. The stock was purchased at an average price of $0.95 per share, for a total transaction of $26,316.90.

Lion Group Price Performance

Shares of LGHL opened at $0.93 on Tuesday. 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 fifty day moving average is $4.20 and its two-hundred day moving average is $8.15. Lion Group Holding Ltd. Sponsored ADR has a 1 year low of $0.86 and a 1 year high of $317.06.

Analysts Set New Price Targets

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

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Lion Group stock. Marex Group plc bought a new stake in Lion Group Holding Ltd. Sponsored ADR (NASDAQ:LGHL) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 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 filing with the Securities & Exchange Commission. Hedge funds and other institutional investors 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.