Liberty Broadband Corp (NASDAQ: LBRDK) is -20.88% 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 $63.73 in the last trading session, with the day’s gains setting it 0.03%.
Currently trading at $63.76, the stock is 0.27% and 8.50% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.73 million and changing 0.05% at the moment leaves the stock 1.46% off its SMA200. LBRDK registered -30.61% loss for a year compared to 6-month gain of 7.29%.
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The stock witnessed a -5.68% loss in the last 1 month and extending the period to 3 months gives it a 24.14%, and is 3.47% up 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 2.37% over the week and 2.31% over the month.
Liberty Broadband Corp (LBRDK) has around 1900 employees, a market worth around $9.11B and $981.00M in sales. Current P/E ratio is 11.44 and Fwd P/E is 7.81. Profit margin for the company is 81.86%. Distance from 52-week low is 37.24% and -33.36% 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
554.0 institutions hold shares in Liberty Broadband Corp (LBRDK), with institutional investors hold 104.57% of the company’s shares. The shares outstanding are 123.70M, and float is at 112.95M with Short Float at 4.13%. Institutions hold 96.38% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 11.15 million shares valued at $611.16 million. The investor’s holdings represent 7.744 of the LBRDK Shares outstanding. As of 2024-06-30, the second largest holder is UBS GROUP AG with 8.31 million shares valued at $455.54 million to account for 5.7721 of the shares outstanding. The other top investors are HARRIS ASSOCIATES L P which holds 6.7 million shares representing 4.6568 and valued at over $367.52 million, while BARCLAYS PLC holds 4.5038 of the shares totaling 6.48 million with a market value of $355.44 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).
