Liberty Broadband Corp (NASDAQ: LBRDK) is -6.37% lower on its value in year-to-date trading and has touched a low of $46.46 and a high of $95.53 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 $74.15 in the last trading session, with the day’s gains setting it 1.31%.
Currently trading at $75.46, the stock is 20.40% and 20.86% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.42 million and changing 1.77% at the moment leaves the stock 23.90% off its SMA200. LBRDK registered -14.97% loss for a year compared to 6-month gain of 32.22%. The firm has a 50-day simple moving average (SMA 50) of $62.7792 and a 200-day simple moving average (SMA200) of $60.9022.
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The stock witnessed a 18.41% loss in the last 1 month and extending the period to 3 months gives it a 41.34%, and is 23.87% 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 3.24% over the week and 3.01% over the month.
Liberty Broadband Corp (LBRDK) has around 1900 employees, a market worth around $10.78B and $981.00M in sales. Current P/E ratio is 13.54 and Fwd P/E is 9.78. Profit margin for the company is 81.86%. Distance from 52-week low is 62.42% and -21.01% 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 62.96% this year
556.0 institutions hold shares in Liberty Broadband Corp (LBRDK), with institutional investors hold 104.51% of the company’s shares. The shares outstanding are 123.70M, and float is at 112.94M with Short Float at 4.16%. Institutions hold 96.33% 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 Wilm Renee L, the company’s Chief Legal/Admin Officer. SEC filings show that Wilm Renee L sold 4,423 shares of the company’s common stock on Sep 25 ’24 at a price of $76.56 per share for a total of $0.34 million. Following the sale, the insider now owns 3670.0 shares.
Liberty Broadband Corp disclosed in a document filed with the SEC on Apr 08 ’24 that WARGO J DAVID (Director) sold a total of 15,000 shares of the company’s common stock. The trade occurred on Apr 08 ’24 and was made at $51.98 per share for $0.78 million. Following the transaction, the insider now directly holds 72332.0 shares of the LBRDK stock.
Still, SEC filings show that on Apr 05 ’24, WARGO J DAVID (Director) disposed off 10,000 shares at an average price of $51.43 for $0.51 million. The insider now directly holds 87,332 shares of Liberty Broadband Corp (LBRDK).
