Sen. John W. Hickenlooper Buys Liberty Broadband Co. (NASDAQ:LBRDK) Shares

Senator John W. Hickenlooper (D-Colorado) recently bought shares of Liberty Broadband Co. NASDAQ: LBRDK. In a filing disclosed on May 26th, the Senator disclosed that they had bought between $250,001 and $500,000 in Liberty Broadband stock on May 9th.

Senator John W. Hickenlooper also recently made the following trade(s):

• Purchased $100,001 - $250,000 in shares of Formula One Group NASDAQ: FWONK on 5/9/2025.
• Purchased $100,001 - $250,000 in shares of Liberty Broadband NASDAQ: LBRDK on 5/9/2025.
• Sold $100,001 - $250,000 in shares of Liberty Broadband NASDAQ: LBRDK on 5/9/2025.
• Sold $250,001 - $500,000 in shares of Formula One Group NASDAQ: FWONK on 5/9/2025.
• Sold $250,001 - $500,000 in shares of Liberty Broadband NASDAQ: LBRDK on 5/9/2025.
• Sold $15,001 - $50,000 in shares of Formula One Group NASDAQ: FWONK on 5/9/2025.
• Sold $50,001 - $100,000 in shares of Sirius XM NASDAQ: SIRI on 4/25/2025.
• Sold $50,001 - $100,000 in shares of Formula One Group NASDAQ: FWONK on 3/18/2025.

Liberty Broadband Stock Performance

LBRDK stock traded down $2.73 during midday trading on Thursday, reaching $93.62. The company had a trading volume of 1,142,208 shares, compared to its average volume of 1,038,087. The company has a quick ratio of 2.07, a current ratio of 2.07 and a debt-to-equity ratio of 0.40. The firm has a market capitalization of $13.42 billion, a PE ratio of 17.24 and a beta of 1.02. Liberty Broadband Co. has a fifty-two week low of $49.38 and a fifty-two week high of $104.00. The stock has a 50 day moving average price of $86.94 and a 200 day moving average price of $83.11.

Liberty Broadband (NASDAQ:LBRDK - Get Free Report) last announced its quarterly earnings results on Wednesday, May 7th. The company reported $1.87 earnings per share (EPS) for the quarter. The company had revenue of $256.00 million during the quarter. Liberty Broadband had a return on equity of 8.45% and a net margin of 78.07%. Analysts anticipate that Liberty Broadband Co. will post 7.71 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. SouthState Corp bought a new stake in shares of Liberty Broadband in the 1st quarter worth approximately $25,000. Smartleaf Asset Management LLC boosted its stake in shares of Liberty Broadband by 61.1% during the 4th quarter. Smartleaf Asset Management LLC now owns 406 shares of the company's stock worth $30,000 after acquiring an additional 154 shares in the last quarter. Blue Trust Inc. raised its position in shares of Liberty Broadband by 134.3% during the fourth quarter. Blue Trust Inc. now owns 464 shares of the company's stock worth $36,000 after purchasing an additional 266 shares during the period. Lee Danner & Bass Inc. purchased a new stake in shares of Liberty Broadband during the fourth quarter valued at $36,000. Finally, Jones Financial Companies Lllp increased its stake in Liberty Broadband by 138.0% in the 4th quarter. Jones Financial Companies Lllp now owns 488 shares of the company's stock worth $36,000 after purchasing an additional 283 shares in the last quarter. 80.22% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Wall Street Zen assumed coverage on Liberty Broadband in a research report on Friday, May 16th. They issued a "sell" rating for the company.

About Senator Hickenlooper

John Hickenlooper (Democratic Party) is a member of the U.S. Senate from Colorado. He assumed office on January 3, 2021. His current term ends on January 3, 2027. Hickenlooper (Democratic Party) ran for election to the U.S. Senate to represent Colorado. He won in the general election on November 3, 2020. Hickenlooper also ran for election for President of the United States. He did not appear on the ballot for the Democratic convention on August 18, 2020. Hickenlooper was the 42nd governor of Colorado from 2011 to 2019. He was prevented by term limits from seeking re-election in 2018. On March 4, 2019, Hickenlooper announced that he was running for president of the United States. On August 15, 2019, Hickenlooper suspended his presidential campaign. Hickenlooper previously served as mayor of Denver from 2003 to 2011, during which time the city hosted the 2008 Democratic National Convention. John Hickenlooper was born in Narberth, Pennsylvania. Hickenlooper earned a bachelor's degree and a master's degree in geology from Wesleyan University in 1974 and 1980, respectively. His career experience includes working with Buckhorn Petroleum and founding a brewpub.

About Liberty Broadband

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.