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 acquired 34,355 shares of the stock in a transaction on Friday, July 31st. The stock was acquired at an average cost of $0.94 per share, for a total transaction of $32,293.70. Following the acquisition, the insider directly owned 74,710 shares in the company, valued at $70,227.40. This represents a 85.13% 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 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 value of $16,853.20.
• 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 shares were sold at an average price of $1.55, for a total value of $6,767.30.
• On Friday, July 17th, Financial Lp Hrt acquired 36 shares of Lion Group stock. The shares were 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 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 acquired at an average price of $0.95 per share, with a total value of $26,316.90.

Lion Group Trading Up 0.6%

Lion Group stock opened at $0.94 on Thursday. Lion Group Holding Ltd. Sponsored ADR has a one year low of $0.86 and a one year high of $317.06. 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 fifty day moving average of $3.95 and a two-hundred day moving average of $7.93.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Lion Group stock. Marex Group plc purchased a new position in Lion Group Holding Ltd. Sponsored ADR (NASDAQ:LGHL) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. 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 SEC filing. Hedge funds and other institutional investors own 0.17% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently commented on LGHL shares. Wall Street Zen upgraded shares of 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 research report on Tuesday, July 28th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Lion Group has a consensus 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.