Shares of Liberty Broadband Co. (NASDAQ:LBRDA - Get Free Report) reached a new 52-week low during mid-day trading on Friday . The company traded as low as $47.17 and last traded at $48.53, with a volume of 86792 shares changing hands. The stock had previously closed at $49.62.
Liberty Broadband Stock Down 0.1 %
The company has a debt-to-equity ratio of 0.42, a quick ratio of 2.42 and a current ratio of 2.42. The company has a market cap of $7.08 billion, a price-to-earnings ratio of 10.61, a price-to-earnings-growth ratio of 0.11 and a beta of 0.98. The business has a 50-day simple moving average of $55.21 and a 200-day simple moving average of $70.96.
Liberty Broadband (NASDAQ:LBRDA - Get Free Report) last issued its earnings results on Friday, February 16th. The company reported $1.39 earnings per share for the quarter. Liberty Broadband had a return on equity of 7.76% and a net margin of 70.13%. The business had revenue of $250.00 million for the quarter, compared to analyst estimates of $250.00 million. On average, equities analysts anticipate that Liberty Broadband Co. will post 12.03 earnings per share for the current fiscal year.
Insider Transactions at Liberty Broadband
In other news, Director J David Wargo sold 11,000 shares of the firm's stock in a transaction dated Tuesday, March 5th. The stock was sold at an average price of $57.33, for a total transaction of $630,630.00. Following the sale, the director now owns 106,332 shares of the company's stock, valued at approximately $6,096,013.56. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In the last 90 days, insiders have sold 45,000 shares of company stock valued at $2,435,830. Corporate insiders own 19.65% of the company's stock.
Institutional Inflows and Outflows
A number of hedge funds have recently added to or reduced their stakes in LBRDA. Principal Securities Inc. purchased a new position in shares of Liberty Broadband in the 4th quarter valued at approximately $51,000. Spire Wealth Management boosted its stake in shares of Liberty Broadband by 9,080.0% in the first quarter. Spire Wealth Management now owns 918 shares of the company's stock valued at $52,000 after buying an additional 908 shares in the last quarter. Citigroup Inc. boosted its stake in shares of Liberty Broadband by 14.2% in the third quarter. Citigroup Inc. now owns 1,348 shares of the company's stock valued at $123,000 after buying an additional 168 shares in the last quarter. Signaturefd LLC boosted its stake in shares of Liberty Broadband by 32.1% in the third quarter. Signaturefd LLC now owns 1,580 shares of the company's stock valued at $144,000 after buying an additional 384 shares in the last quarter. Finally, Bfsg LLC purchased a new stake in shares of Liberty Broadband in the first quarter valued at approximately $172,000. Hedge funds and other institutional investors own 10.29% of the company's stock.
Liberty Broadband Company Profile
(
Get 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 Stories
Before you consider Liberty Broadband, 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 Liberty Broadband wasn't on the list.
While Liberty Broadband currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.
Get This Free Report
