Lion Group (NASDAQ:LGHL) Major Shareholder Financial Lp Hrt Sells 93,931 Shares of Stock

Lion Group Holding Ltd. Sponsored ADR (NASDAQ:LGHL) major shareholder Financial Lp Hrt sold 93,931 shares of the stock in a transaction on Monday, July 27th. The shares were sold at an average price of $1.59, for a total value of $149,350.29. The sale was disclosed in a document filed 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 sales and purchases with the SEC.

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

• 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 purchased 36 shares of Lion Group stock. The shares were bought 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 shares were 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 bought at an average price of $0.95 per share, with a total value of $26,316.90.

Lion Group Stock Up 0.9%

Shares of Lion Group stock opened at $1.08 on Wednesday. Lion Group Holding Ltd. Sponsored ADR has a one year low of $0.88 and a one year high of $349.83. 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 business has a 50-day simple moving average of $4.71 and a 200-day simple moving average of $8.67.

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

Institutional Trading of Lion Group

An institutional investor recently bought a new stake in Lion Group stock. Marex Group plc bought a new stake in Lion Group Holding Ltd. Sponsored ADR (NASDAQ:LGHL) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 34,751 shares of the company’s stock, valued at approximately $89,000. Marex Group plc owned approximately 84.76% of Lion Group at the end of the most recent quarter. Hedge funds and other institutional investors own 0.17% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the stock. Weiss Ratings lowered shares of 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 note on Saturday, July 18th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock 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.