Liberty Broadband Corporation (NASDAQ:LBRDA) had its price objective lifted by Pivotal Research from $108.00 to $113.00 in a report released on Wednesday. The brokerage currently has a “buy” rating on the stock. Pivotal Research’s price objective points to a potential upside of 30.11% from the stock’s current price.

LBRDA has been the topic of a number of other research reports. Telsey Advisory Group reiterated an “outperform” rating and issued a $125.00 price target (up previously from $95.00) on shares of Liberty Broadband Corporation in a research note on Thursday, September 7th. BidaskClub upgraded shares of Liberty Broadband Corporation from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, August 1st. Finally, TheStreet lowered shares of Liberty Broadband Corporation from a “b” rating to a “c+” rating in a research note on Wednesday, August 16th. Three research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $113.33.

Shares of Liberty Broadband Corporation (NASDAQ:LBRDA) opened at $86.85 on Wednesday. The company has a quick ratio of 11.64, a current ratio of 11.64 and a debt-to-equity ratio of 0.06. The stock has a market cap of $16,131.47, a PE ratio of 887.10 and a beta of 1.37. Liberty Broadband Corporation has a fifty-two week low of $66.32 and a fifty-two week high of $104.35.

Liberty Broadband Corporation (NASDAQ:LBRDA) last issued its earnings results on Thursday, November 9th. The company reported ($0.05) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.03 by ($0.08). Liberty Broadband Corporation had a net margin of 142.91% and a return on equity of 0.22%.

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In other Liberty Broadband Corporation news, Director John C. Malone sold 45,000 shares of the stock in a transaction that occurred on Monday, October 23rd. The shares were sold at an average price of $93.32, for a total transaction of $4,199,400.00. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director John C. Malone sold 111,920 shares of the stock in a transaction that occurred on Monday, August 21st. The stock was sold at an average price of $100.64, for a total transaction of $11,263,628.80. Following the transaction, the director now owns 3,498,779 shares in the company, valued at approximately $352,117,118.56. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 481,875 shares of company stock worth $47,556,849. Company insiders own 6.09% of the company’s stock.

Several large investors have recently made changes to their positions in the business. D.A. Davidson & CO. grew its position in shares of Liberty Broadband Corporation by 0.8% during the 2nd quarter. D.A. Davidson & CO. now owns 1,604 shares of the company’s stock worth $137,000 after purchasing an additional 13 shares in the last quarter. Suntrust Banks Inc. grew its position in shares of Liberty Broadband Corporation by 1.1% during the 2nd quarter. Suntrust Banks Inc. now owns 5,470 shares of the company’s stock worth $469,000 after purchasing an additional 62 shares in the last quarter. Aviva PLC grew its position in shares of Liberty Broadband Corporation by 0.6% during the 2nd quarter. Aviva PLC now owns 14,454 shares of the company’s stock worth $1,239,000 after purchasing an additional 80 shares in the last quarter. Janney Montgomery Scott LLC grew its position in shares of Liberty Broadband Corporation by 5.9% during the 2nd 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, Kirr Marbach & Co. LLC IN grew its position in shares of Liberty Broadband Corporation by 0.9% during the 2nd quarter. Kirr Marbach & Co. LLC IN now owns 20,790 shares of the company’s stock worth $1,784,000 after purchasing an additional 187 shares in the last quarter. Hedge funds and other institutional investors own 12.02% of the company’s stock.

About Liberty Broadband Corporation

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.

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