Liberty Broadband Co. (NASDAQ:LBRDK – Get Free Report) insider Renee L. Wilm sold 4,423 shares of the firm’s stock in a transaction on Wednesday, September 25th. The shares were sold at an average price of $76.56, for a total value of $338,624.88. Following the completion of the sale, the insider now owns 3,670 shares in the company, valued at $280,975.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.
Liberty Broadband Price Performance
Shares of NASDAQ LBRDK opened at $75.46 on Friday. The stock has a market cap of $10.78 billion, a P/E ratio of 12.81 and a beta of 1.02. The firm’s 50-day simple moving average is $62.88 and its 200 day simple moving average is $56.44. Liberty Broadband Co. has a fifty-two week low of $46.46 and a fifty-two week high of $95.53. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 0.39.
Liberty Broadband (NASDAQ:LBRDK – Get Free Report) last released its quarterly earnings results on Thursday, August 8th. The company reported $1.36 EPS for the quarter, missing analysts’ consensus estimates of $2.51 by ($1.15). The company had revenue of $246.00 million for the quarter, compared to the consensus estimate of $244.25 million. Liberty Broadband had a return on equity of 8.79% and a net margin of 81.86%. During the same quarter last year, the firm posted $1.71 earnings per share. Equities analysts expect that Liberty Broadband Co. will post 9.05 EPS for the current year.
Institutional Investors Weigh In On Liberty Broadband
Wall Street Analyst Weigh In
A number of research firms recently weighed in on LBRDK. Morgan Stanley increased their price objective on shares of Liberty Broadband from $62.00 to $69.00 and gave the stock an “equal weight” rating in a report on Friday, July 19th. Rosenblatt Securities raised their price target on shares of Liberty Broadband from $80.00 to $91.00 and gave the company a “buy” rating in a research note on Wednesday, August 14th.
View Our Latest Research Report on LBRDK
Liberty Broadband Company Profile
Liberty Broadband Corporation engages in the communications businesses. The company's GCI Holdings segment provides data, wireless, video, voice, and managed services to residential customers, businesses, governmental entities, educational, and medical institutions in Alaska under the GCI brand.
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