Liberty Broadband Corp (NASDAQ: LBRDK) is -21.58% lower on its value in year-to-date trading and has touched a low of $46.46 and a high of $95.68 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The LBRDK stock was last observed hovering at around $62.36 in the last trading session, with the day’s gains setting it 0.84%.
Currently trading at $63.20, the stock is 1.19% and 11.23% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.09 million and changing 1.35% at the moment leaves the stock -0.92% off its SMA200. LBRDK registered -31.52% loss for a year compared to 6-month loss of 6.00%.
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The stock witnessed a 8.39% gain in the last 1 month and extending the period to 3 months gives it a 19.92%, and is -2.62% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.88% over the week and 3.26% over the month.
Liberty Broadband Corp (LBRDK) has around 1900 employees, a market worth around $9.03B and $981.00M in sales. Current P/E ratio is 11.34 and Fwd P/E is 7.74. Profit margin for the company is 81.86%. Distance from 52-week low is 36.03% and -33.95% from its 52-week high. The company has generated returns on investments over the last 12 months (6.07%).
The EPS is expected to grow by 70.00% this year
552.0 institutions hold shares in Liberty Broadband Corp (LBRDK), with institutional investors hold 104.61% of the company’s shares. The shares outstanding are 123.70M, and float is at 112.95M with Short Float at 4.17%. Institutions hold 96.42% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 11.23 million shares valued at $$642.76 million. The investor’s holdings represent 7.8014 of the LBRDK Shares outstanding. As of 2024-03-31, the second largest holder is UBS GROUP AG with 8.36 million shares valued at $$478.46 million to account for 5.8072 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 6.33 million shares representing 4.3995 and valued at over $$362.47 million, while ARISTEIA CAPITAL LLC holds 4.2907 of the shares totaling 6.18 million with a market value of $$353.51 million.
Liberty Broadband Corp (LBRDK) Insider Activity
The most recent transaction is an insider sale by WARGO J DAVID, the company’s Director. SEC filings show that WARGO J DAVID sold 15,000 shares of the company’s common stock on Apr 08 ’24 at a price of $51.98 per share for a total of $0.78 million. Following the sale, the insider now owns 72332.0 shares.
Liberty Broadband Corp disclosed in a document filed with the SEC on Apr 05 ’24 that WARGO J DAVID (Director) sold a total of 10,000 shares of the company’s common stock. The trade occurred on Apr 05 ’24 and was made at $51.43 per share for $0.51 million. Following the transaction, the insider now directly holds 87332.0 shares of the LBRDK stock.
Still, SEC filings show that on Mar 05 ’24, WARGO J DAVID (Director) disposed off 11,000 shares at an average price of $57.33 for $0.63 million. The insider now directly holds 106,332 shares of Liberty Broadband Corp (LBRDK).
