Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in Lightbridge Co. (NASDAQ:LTBR - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 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 quarter.
Other hedge funds also recently modified their holdings of the company. Private Advisor Group LLC acquired a new stake in shares of Lightbridge in the 4th quarter valued at approximately $627,000. Steward Partners Investment Advisory LLC acquired a new stake in shares of Lightbridge in the 4th quarter valued at approximately $105,000. LPL Financial LLC acquired a new stake in shares of Lightbridge in the 4th quarter valued at approximately $63,000. Geode Capital Management LLC raised its position in shares of Lightbridge by 4.1% in the 4th quarter. Geode Capital Management LLC now owns 171,746 shares of the energy company's stock valued at $813,000 after acquiring an additional 6,830 shares during the period. Finally, Pilgrim Partners Asia Pte Ltd acquired a new stake in Lightbridge during the 4th quarter worth approximately $56,000. Institutional investors own 9.14% of the company's stock.
Lightbridge Stock Performance
LTBR stock traded up $1.06 during mid-day trading on Friday, hitting $15.75. 1,748,797 shares of the company were exchanged, compared to its average volume of 1,516,706. The firm has a market cap of $361.95 million, a P/E ratio of -21.00 and a beta of 1.83. The firm's 50 day simple moving average is $10.19 and its 200 day simple moving average is $8.59. Lightbridge Co. has a 1-year low of $2.24 and a 1-year high of $17.70.
Lightbridge (NASDAQ:LTBR - Get Free Report) last announced its earnings results on Monday, May 12th. The energy company reported ($0.24) EPS for the quarter.
Insiders Place Their Bets
In other news, Director Jesse L. Funches sold 6,250 shares of Lightbridge stock in a transaction that occurred on Monday, May 12th. The shares were sold at an average price of $9.75, for a total value of $60,937.50. Following the sale, the director now directly owns 46,288 shares in the company, valued at $451,308. This trade represents a 11.90% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 6.50% of the company's stock.
Lightbridge Profile
(
Free Report)
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.
See Also
Before you consider Lightbridge, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Lightbridge wasn't on the list.
While Lightbridge currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
