Liberty Broadband Corporation $LBRDK Stake Increased by SG Americas Securities LLC

Key Points

• SG Americas Securities LLC boosted its holding in Liberty Broadband by 1,869.4% in Q4 to 81,610 shares (about $3.97M), leaving institutions/hedge funds with roughly 80.2% ownership of the stock.
• Director J. David Wargo sold 44,450 shares on Feb. 10 for about $2.55M, cutting his stake by ~69.9%; corporate insiders collectively own ~10.8% of the company.
• Shares trade around $51.19 with a one‑year range of $42.10–$104.00, a market cap of ~$7.35B and a negative P/E, and MarketBeat/Weiss Ratings show a consensus "Sell" rating.

SG Americas Securities LLC increased its holdings in Liberty Broadband Corporation (NASDAQ:LBRDK - Free Report) by 1,869.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 81,610 shares of the company's stock after acquiring an additional 77,466 shares during the period. SG Americas Securities LLC owned about 0.06% of Liberty Broadband worth $3,966,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the stock. Johnson Financial Group Inc. acquired a new position in shares of Liberty Broadband during the 3rd quarter worth $42,000. Mather Group LLC. acquired a new stake in Liberty Broadband in the 3rd quarter worth $47,000. Danske Bank A S bought a new position in Liberty Broadband during the third quarter valued at about $51,000. Quent Capital LLC acquired a new position in shares of Liberty Broadband in the third quarter valued at $53,000. Finally, EverSource Wealth Advisors LLC lifted its holdings in shares of Liberty Broadband by 59.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 733 shares of the company's stock worth $72,000 after acquiring an additional 273 shares during the period. 80.22% of the stock is owned by hedge funds and other institutional investors.

Liberty Broadband Stock Performance

Shares of LBRDK stock opened at $51.19 on Friday. Liberty Broadband Corporation has a one year low of $42.10 and a one year high of $104.00. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.10 and a quick ratio of 0.10. The stock has a market cap of $7.35 billion, a P/E ratio of -2.74 and a beta of 0.96. The company has a fifty day moving average price of $51.57 and a two-hundred day moving average price of $52.00.

Insider Buying and Selling

In related news, Director J David Wargo sold 44,450 shares of the business's stock in a transaction that occurred on Tuesday, February 10th. The stock was sold at an average price of $57.30, for a total value of $2,546,985.00. Following the completion of the sale, the director directly owned 19,150 shares in the company, valued at approximately $1,097,295. The trade was a 69.89% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 10.80% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a "sell (d)" rating on shares of Liberty Broadband in a report on Friday, March 27th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Liberty Broadband currently has a consensus rating of "Sell".

About Liberty Broadband

Liberty Broadband Corporation is a publicly traded holding company that principally invests in broadband and cable businesses. Established in 2014 as a spin-off from Liberty Interactive Corporation, the company was designed to provide investors with targeted exposure to high-growth broadband assets. Headquartered in Englewood, Colorado, Liberty Broadband uses a tracking-stock structure to reflect the performance of its key investments rather than operating a stand-alone service business.

The company's primary asset is its substantial equity interest in Charter Communications, one of the largest cable and broadband providers in the United States.

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