Universal Beteiligungs und Servicegesellschaft mbH Takes $184,000 Position in Lightbridge Co. (NASDAQ:LTBR)

Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in Lightbridge Co. (NASDAQ:LTBR - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 39,000 shares of the energy company's stock, valued at approximately $184,000. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.25% of Lightbridge at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in LTBR. Two Sigma Investments LP bought a new position in shares of Lightbridge during the fourth quarter valued at $1,106,000. Renaissance Technologies LLC increased its holdings in Lightbridge by 785.8% in the fourth quarter. Renaissance Technologies LLC now owns 212,600 shares of the energy company's stock valued at $1,006,000 after purchasing an additional 188,600 shares during the period. Private Advisor Group LLC bought a new position in Lightbridge during the 4th quarter worth $627,000. Two Sigma Advisers LP acquired a new position in Lightbridge during the 4th quarter worth about $466,000. Finally, Northern Trust Corp lifted its holdings in Lightbridge by 65.6% during the 4th quarter. Northern Trust Corp now owns 73,312 shares of the energy company's stock worth $347,000 after buying an additional 29,046 shares during the period. Institutional investors own 9.14% of the company's stock.

Lightbridge Trading Up 5.8%

LTBR stock traded up $0.85 during trading on Friday, hitting $15.54. The company had a trading volume of 1,386,890 shares, compared to its average volume of 1,504,791. The stock has a market cap of $357.01 million, a PE ratio of -20.70 and a beta of 1.75. The business has a 50-day moving average of $10.02 and a 200-day moving average of $8.51. Lightbridge Co. has a one year low of $2.21 and a one year high of $17.70.

Lightbridge (NASDAQ:LTBR - Get Free Report) last issued its quarterly earnings results on Monday, May 12th. The energy company reported ($0.24) earnings per share (EPS) for the quarter.

Insider Activity at Lightbridge

In other Lightbridge news, Director Jesse L. Funches sold 6,250 shares of the business's stock in a transaction that occurred on Monday, May 12th. The stock was sold at an average price of $9.75, for a total value of $60,937.50. Following the transaction, the director now directly owns 46,288 shares of the company's stock, valued at approximately $451,308. The trade was a 11.90% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 6.50% of the stock is owned by corporate insiders.

Lightbridge Company Profile

Lightbridge Corporation, together with its subsidiaries, engages in developing nuclear fuel technology. It develops and commercializes metallic nuclear fuels. The company was formerly known as Thorium Power, Ltd. and changed its name to Lightbridge Corporation in September 2009. Lightbridge Corporation is headquartered in Reston, Virginia.