2 weeks Ago By ABMN Staff
Makaira Partners LLC lessened its stake in shares of Liberty Broadband Co. ( NASDAQ:LBRDK – Free Report ) by 1.4% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC).
The firm owned 417,935 shares of the company’s stock after selling 5,979 shares during the period. Liberty Broadband accounts for about 3.0% of Makaira Partners LLC’s portfolio, making the stock its 10th biggest position.
Makaira Partners LLC owned about 0.29% of Liberty Broadband worth $22,911,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock.
Algert Global LLC increased its holdings in Liberty Broadband by 1,164.5% in the 2nd quarter. Algert Global LLC now owns 76,502 shares of the company’s stock valued at $4,194,000 after buying an additional 70,452 shares during the period.
Logan Stone Capital LLC increased its stake in Liberty Broadband by 1,134.1% in the second quarter. Logan Stone Capital LLC now owns 126,443 shares of the company’s stock valued at $6,932,000 after acquiring an additional 116,197 shares during the last quarter.
Millennium Management LLC raised its position in Liberty Broadband by 67.4% during the second quarter. Millennium Management LLC now owns 1,032,186 shares of the company’s stock valued at $56,584,000 after purchasing an additional 415,619 shares in the last quarter.
Dark Forest Capital Management LP raised its position in Liberty Broadband by 30.1% during the second quarter. Dark Forest Capital Management LP now owns 108,902 shares of the company’s stock valued at $5,970,000 after purchasing an additional 25,216 shares in the last quarter.
Finally, AQR Capital Management LLC bought a new stake in Liberty Broadband during the second quarter worth $326,000. 80.22% of the stock is owned by institutional investors and hedge funds.
Liberty Broadband Stock Up 3.6 % Shares of NASDAQ:LBRDK opened at $78.14 on Monday.
The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.68 and a current ratio of 1.
68. Liberty Broadband Co. has a 52-week low of $46.
46 and a 52-week high of $95.53. The company has a market capitalization of $11.
16 billion, a PE ratio of 13.27 and a beta of 1.02.
The company has a fifty day moving average of $63.31 and a 200-day moving average of $56.55.
Insider Activity In other news, insider Renee L. Wilm sold 4,423 shares of the firm’s stock in a transaction on Wednesday, September 25th. The shares were sold at an average price of $76.
56, for a total transaction of $338,624.88. Following the completion of the transaction, the insider now owns 3,670 shares of the company’s stock, valued at $280,975.
20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink . In related news, CAO Brian J.
Wendling sold 2,208 shares of the company’s stock in a transaction that occurred on Thursday, September 26th. The stock was sold at an average price of $75.84, for a total value of $167,454.
72. Following the sale, the chief accounting officer now directly owns 11,054 shares in the company, valued at $838,335.36.
The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink . Also, insider Renee L. Wilm sold 4,423 shares of the firm’s stock in a transaction that occurred 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 of the company’s stock, valued at approximately $280,975.20. The disclosure for this sale can be found here .
10.80% of the stock is currently owned by insiders. Analyst Upgrades and Downgrades Several equities analysts have recently issued reports on the company.
Morgan Stanley boosted their price target on Liberty Broadband from $62.00 to $69.00 and gave the stock an “equal weight” rating in a report on Friday, July 19th.
Rosenblatt Securities lifted their target price on Liberty Broadband from $80.00 to $91.00 and gave the company a “buy” rating in a research report on Wednesday, August 14th.
Get Our Latest Stock Report on LBRDK Liberty Broadband Company 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. Featured Articles Want to see what other hedge funds are holding LBRDK? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Liberty Broadband Co. ( NASDAQ:LBRDK – Free Report ). 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.
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