Liberty Broadband Co. (NASDAQ:LBRDK – Get Free Report) reached a brand new 52-week excessive throughout buying and selling on Friday . The inventory traded as excessive as $93.66 and final traded at $93.17, with a quantity of 365435 shares traded. The inventory had beforehand closed at $80.82.
Wall Avenue Analyst Weigh In
A number of brokerages have just lately weighed in on LBRDK. Morgan Stanley elevated their goal worth on shares of Liberty Broadband from $62.00 to $69.00 and gave the corporate an “equal weight” score in a analysis be aware on Friday, July nineteenth. Rosenblatt Securities elevated their worth goal on shares of Liberty Broadband from $80.00 to $91.00 and gave the inventory a “purchase” score in a analysis report on Wednesday, August 14th.
Test Out Our Newest Evaluation on Liberty Broadband
Liberty Broadband Inventory Up 11.2 %
The corporate has a present ratio of 1.68, a fast ratio of 1.68 and a debt-to-equity ratio of 0.39. The corporate has a 50-day easy shifting common of $71.97 and a 200 day easy shifting common of $61.06. The corporate has a market cap of $12.84 billion, a P/E ratio of 16.23 and a beta of 1.02.
Liberty Broadband (NASDAQ:LBRDK – Get Free Report) final posted its quarterly earnings outcomes on Thursday, August eighth. The corporate reported $1.36 EPS for the quarter, lacking analysts’ consensus estimates of $2.51 by ($1.15). Liberty Broadband had a return on fairness of 8.79% and a web margin of 81.86%. The corporate had income of $246.00 million throughout the quarter, in comparison with the consensus estimate of $244.25 million. Throughout the identical quarter within the earlier yr, the corporate posted $1.71 earnings per share. On common, equities analysts anticipate that Liberty Broadband Co. will submit 8.45 EPS for the present yr.
Insiders Place Their Bets
In different Liberty Broadband information, CAO Brian J. Wendling offered 2,208 shares of the agency’s inventory in a transaction on Thursday, September twenty sixth. The inventory was offered at a median worth of $75.84, for a complete transaction of $167,454.72. Following the transaction, the chief accounting officer now instantly owns 11,054 shares within the firm, valued at $838,335.36. This commerce represents a 0.00 % lower of their place. The transaction was disclosed in a doc filed with the SEC, which is on the market by means of the SEC web site. In associated information, CAO Brian J. Wendling offered 2,208 shares of Liberty Broadband inventory in a transaction dated Thursday, September twenty sixth. The inventory was offered at a median worth of $75.84, for a complete worth of $167,454.72. Following the completion of the sale, the chief accounting officer now instantly owns 11,054 shares within the firm, valued at $838,335.36. The commerce was a 0.00 % lower of their possession of the inventory. The transaction was disclosed in a authorized submitting with the SEC, which is on the market by means of the SEC web site. Additionally, insider Renee L. Wilm offered 4,423 shares of the inventory in a transaction dated Wednesday, September twenty fifth. The inventory was offered at a median worth of $76.56, for a complete transaction of $338,624.88. Following the transaction, the insider now owns 3,670 shares within the firm, valued at roughly $280,975.20. The commerce was a 0.00 % lower of their possession of the inventory. The disclosure for this sale will be discovered right here. Insiders personal 10.80% of the corporate’s inventory.
Hedge Funds Weigh In On Liberty Broadband
Quite a few massive traders have just lately purchased and offered shares of LBRDK. GAMMA Investing LLC grew its stake in Liberty Broadband by 200.7% within the third quarter. GAMMA Investing LLC now owns 424 shares of the corporate’s inventory valued at $33,000 after buying a further 283 shares over the past quarter. Capital Advisors Ltd. LLC grew its place in shares of Liberty Broadband by 75.8% within the third quarter. Capital Advisors Ltd. LLC now owns 443 shares of the corporate’s inventory price $34,000 after shopping for a further 191 shares over the past quarter. Versant Capital Administration Inc raised its stake in shares of Liberty Broadband by 4,888.9% throughout the 2nd quarter. Versant Capital Administration Inc now owns 449 shares of the corporate’s inventory price $25,000 after buying a further 440 shares within the final quarter. Seaside Funding Counsel Inc. PA bought a brand new stake in Liberty Broadband throughout the second quarter valued at roughly $36,000. Lastly, Mather Group LLC. boosted its stake in Liberty Broadband by 103.7% within the second quarter. Mather Group LLC. now owns 762 shares of the corporate’s inventory valued at $44,000 after buying a further 388 shares within the final quarter. Institutional traders personal 80.22% of the corporate’s inventory.
Liberty Broadband Firm Profile
Liberty Broadband Company engages within the communications companies. The corporate’s GCI Holdings section offers knowledge, wi-fi, video, voice, and managed providers to residential clients, companies, governmental entities, academic, and medical establishments in Alaska beneath the GCI model.
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