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

Senator John W. Hickenlooper (D-Colorado) recently bought shares of Liberty Broadband Corporation NASDAQ: LBRDK. In a filing disclosed on June 13th, the Senator disclosed that they had bought between $250,001 and $500,000 in Liberty Broadband stock on May 19th.

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

• Sold $100,001 - $250,000 in shares of Chipotle Mexican Grill NYSE: CMG on 6/12/2025.
• Purchased $250,001 - $500,000 in shares of Liberty Broadband NASDAQ: LBRDK on 5/9/2025.
• Purchased $100,001 - $250,000 in shares of Liberty Media Corporation - Liberty Formula One Series C 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 Liberty Media Corporation - Liberty Formula One Series C 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 Liberty Media Corporation - Liberty Formula One Series C 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 Liberty Media Corporation - Liberty Formula One Series C NASDAQ: FWONK on 3/18/2025.

Liberty Broadband Price Performance

NASDAQ:LBRDK traded down $4.20 during mid-day trading on Thursday, hitting $86.75. The company's stock had a trading volume of 1,757,496 shares, compared to its average volume of 1,095,778. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.35. The company has a market capitalization of $12.43 billion, a price-to-earnings ratio of 13.86 and a beta of 1.01. Liberty Broadband Corporation has a fifty-two week low of $55.70 and a fifty-two week high of $104.00. The stock has a fifty day moving average of $94.62 and a 200-day moving average of $86.10.

Liberty Broadband (NASDAQ:LBRDK - Get Free Report) last posted its quarterly earnings results on Wednesday, May 7th. The company reported $1.87 earnings per share (EPS) for the quarter. Liberty Broadband had a return on equity of 9.24% and a net margin of 88.10%. The business had revenue of $256.00 million for the quarter. As a group, equities analysts forecast that Liberty Broadband Corporation will post 7.71 EPS for the current fiscal year.

Analysts Set New Price Targets

Separately, Wall Street Zen upgraded shares of Liberty Broadband to a "hold" rating in a research report on Saturday, July 12th.

Hedge Funds Weigh In On Liberty Broadband

A number of institutional investors and hedge funds have recently added to or reduced their stakes in LBRDK. Teacher Retirement System of Texas bought a new stake in shares of Liberty Broadband in the first quarter valued at about $2,666,000. Amalgamated Bank raised its position in Liberty Broadband by 5.8% in the 1st quarter. Amalgamated Bank now owns 6,293 shares of the company's stock valued at $535,000 after buying an additional 346 shares during the last quarter. Highland Capital Management LLC bought a new stake in Liberty Broadband in the 1st quarter valued at approximately $1,163,000. Envestnet Asset Management Inc. boosted its position in Liberty Broadband by 9.1% during the 1st quarter. Envestnet Asset Management Inc. now owns 155,091 shares of the company's stock worth $13,191,000 after acquiring an additional 12,878 shares during the last quarter. Finally, Hi Line Capital Management LLC lifted its position in shares of Liberty Broadband by 17.9% in the first quarter. Hi Line Capital Management LLC now owns 165,319 shares of the company's stock worth $14,060,000 after purchasing an additional 25,132 shares in the last quarter. 80.22% of the stock is owned by institutional investors and hedge funds.

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.

Liberty Broadband Company Profile

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.