Liberty Broadband Corporation (NASDAQ:LBRDA) Director John C. Malone sold 45,000 shares of the company’s stock in a transaction on Monday, October 23rd. The stock was sold at an average price of $93.32, for a total transaction of $4,199,400.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Liberty Broadband Corporation (LBRDA) traded up 1.00% during mid-day trading on Wednesday, hitting $89.69. 323,088 shares of the stock were exchanged. Liberty Broadband Corporation has a 52-week low of $61.69 and a 52-week high of $104.35. The stock has a 50 day moving average of $95.42 and a 200-day moving average of $91.35. The stock has a market cap of $16.31 billion, a price-to-earnings ratio of 527.59 and a beta of 1.43.

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Several brokerages have commented on LBRDA. Pivotal Research restated a “buy” rating and issued a $108.00 price objective (up from $107.00) on shares of Liberty Broadband Corporation in a report on Tuesday, August 15th. TheStreet lowered shares of Liberty Broadband Corporation from a “b” rating to a “c+” rating in a report on Wednesday, August 16th. BidaskClub upgraded shares of Liberty Broadband Corporation from a “buy” rating to a “strong-buy” rating in a report on Tuesday, August 1st. Finally, Telsey Advisory Group restated an “outperform” rating and issued a $125.00 price objective (up from $95.00) on shares of Liberty Broadband Corporation in a report on Thursday, September 7th. Three research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. Liberty Broadband Corporation currently has a consensus rating of “Buy” and an average target price of $111.67.

Hedge funds have recently added to or reduced their stakes in the stock. D.A. Davidson & CO. raised its holdings in shares of Liberty Broadband Corporation by 0.8% in the second quarter. D.A. Davidson & CO. now owns 1,604 shares of the company’s stock valued at $137,000 after acquiring an additional 13 shares in the last quarter. Amalgamated Bank bought a new position in Liberty Broadband Corporation in the second quarter worth about $213,000. KCG Holdings Inc. bought a new position in Liberty Broadband Corporation in the first quarter worth about $246,000. Janney Montgomery Scott LLC raised its holdings in Liberty Broadband Corporation by 5.9% in the second quarter. Janney Montgomery Scott LLC now owns 2,999 shares of the company’s stock worth $257,000 after purchasing an additional 166 shares in the last quarter. Finally, Paloma Partners Management Co bought a new position in Liberty Broadband Corporation in the first quarter worth about $294,000. Hedge funds and other institutional investors own 11.85% of the company’s stock.

Liberty Broadband Corporation Company Profile

Liberty Broadband Corporation holds interest in Charter Communications, Inc (Charter) and its subsidiary Skyhook Holding, Inc (Skyhook). The Company’s segments include Skyhook, Charter, and Corporate and other. Skyhook provides a wireless fidelity (Wi-Fi)-based location platform focused on providing positioning technology and contextual location intelligence solutions.

Insider Buying and Selling by Quarter for Liberty Broadband Corporation (NASDAQ:LBRDA)

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