2 weeks Ago By ABMN Staff
American Century Companies Inc. boosted its holdings in Liberty Broadband Co. ( NASDAQ:LBRDK – Free Report ) by 2.
9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 29,050 shares of the company’s stock after purchasing an additional 829 shares during the period. American Century Companies Inc.
’s holdings in Liberty Broadband were worth $1,593,000 as of its most recent SEC filing. A number of other institutional investors have also recently bought and sold shares of the business. Assenagon Asset Management S.
A. boosted its stake in Liberty Broadband by 426.5% in the 2nd quarter.
Assenagon Asset Management S.A. now owns 1,397,069 shares of the company’s stock worth $76,587,000 after purchasing an additional 1,131,743 shares during the period.
Mango Investments LLC purchased a new position in shares of Liberty Broadband during the fourth quarter valued at approximately $49,570,000. Whitebox Advisors LLC boosted its stake in shares of Liberty Broadband by 17.9% during the 1st quarter.
Whitebox Advisors LLC now owns 2,300,322 shares of the company’s stock valued at $131,647,000 after purchasing an additional 349,400 shares in the last quarter. Natixis Advisors LLC grew its stake in shares of Liberty Broadband by 147.6% in the 2nd quarter.
Natixis Advisors LLC now owns 425,921 shares of the company’s stock worth $23,349,000 after buying an additional 253,884 shares during the last quarter. Finally, Vanguard Group Inc. grew its position in Liberty Broadband by 2.
2% during the 4th quarter. Vanguard Group Inc. now owns 11,213,505 shares of the company’s stock valued at $903,696,000 after purchasing an additional 243,156 shares during the last quarter.
Institutional investors own 80.22% of the company’s stock. Insider Activity In other news, insider Renee L.
Wilm sold 4,423 shares of Liberty Broadband stock in a transaction dated Wednesday, September 25th. The shares were sold at an average price of $76.56, for a total value of $338,624.
88. Following the sale, the insider now owns 3,670 shares in the company, valued at $280,975.20.
The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website . In other news, insider Renee L. Wilm sold 4,423 shares of Liberty Broadband stock in a transaction on Wednesday, September 25th.
The stock was sold at an average price of $76.56, for a total transaction of $338,624.88.
Following the transaction, the insider now owns 3,670 shares in the company, valued at approximately $280,975.20. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink .
Also, CAO Brian J. Wendling sold 2,208 shares of Liberty Broadband stock in a transaction on Thursday, September 26th. The shares were sold at an average price of $75.
84, for a total value of $167,454.72. Following the completion of the sale, the chief accounting officer now owns 11,054 shares in the company, valued at approximately $838,335.
36. The disclosure for this sale can be found here . Company insiders own 10.
80% of the company’s stock. Analyst Ratings Changes Get Our Latest Research Report on LBRDK Liberty Broadband Trading Up 3.6 % NASDAQ LBRDK opened at $78.
14 on Monday. Liberty Broadband Co. has a 12-month low of $46.
46 and a 12-month high of $95.53. The company has a fifty day simple moving average of $63.
31 and a two-hundred day simple moving average of $56.55. The company has a current ratio of 1.
68, a quick ratio of 1.68 and a debt-to-equity ratio of 0.39.
The stock has a market cap of $11.16 billion, a P/E ratio of 13.27 and a beta of 1.
02. Liberty Broadband ( NASDAQ:LBRDK – Get Free Report ) last issued its earnings results on Thursday, August 8th. The company reported $1.
36 EPS for the quarter, missing analysts’ consensus estimates of $2.51 by ($1.15).
The firm had revenue of $246.00 million during the quarter, compared to analysts’ expectations of $244.25 million.
Liberty Broadband had a net margin of 81.86% and a return on equity of 8.79%.
During the same quarter in the prior year, the company earned $1.71 EPS. On average, analysts forecast that Liberty Broadband Co.
will post 9.05 earnings per share for the current year. Liberty Broadband Profile ( Free Report ) Liberty Broadband Corporation engages in the communications businesses.
The company's GCI Holdings segment provides data, wireless, video, voice, and managed services to residential customers, businesses, governmental entities, educational, and medical institutions in Alaska under the GCI brand. Recommended Stories Receive News & Ratings for Liberty Broadband Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Liberty Broadband and related companies with MarketBeat.com's FREE daily email newsletter .
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