rts logo

New Big Money Means Liberty Broadband Corp (LBRDK) Investors Could Reap Benefit

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.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

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).

Related Posts