Somewhat Positive Media Coverage Somewhat Unlikely to Impact Liberty Broadband Corporation (LBRDA) Stock Price

Media stories about Liberty Broadband Corporation (NASDAQ:LBRDA) have trended somewhat positive on Monday, Accern reports. The research group identifies positive and negative news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Liberty Broadband Corporation earned a media sentiment score of 0.17 on Accern’s scale. Accern also gave news articles about the company an impact score of 44.5934017097389 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Several analysts recently issued reports on LBRDA shares. BidaskClub lowered shares of Liberty Broadband Corporation from a “buy” rating to a “hold” rating in a research report on Friday, June 23rd. Telsey Advisory Group reiterated an “outperform” rating and set a $125.00 price target (up previously from $95.00) on shares of Liberty Broadband Corporation in a research report on Thursday, September 7th. TheStreet lowered shares of Liberty Broadband Corporation from a “b” rating to a “c+” rating in a research report on Wednesday, August 16th. Finally, Pivotal Research reiterated a “buy” rating and set a $108.00 price target (up previously from $107.00) on shares of Liberty Broadband Corporation in a research report on Tuesday, August 15th. Three analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of $111.67.

Shares of Liberty Broadband Corporation (NASDAQ LBRDA) opened at 95.93 on Monday. Liberty Broadband Corporation has a 52-week low of $61.69 and a 52-week high of $104.35. The company’s 50 day moving average is $97.74 and its 200 day moving average is $90.60. The firm has a market cap of $17.44 billion, a price-to-earnings ratio of 564.29 and a beta of 1.43.

In other Liberty Broadband Corporation news, Director John C. Malone sold 11,400 shares of the business’s stock in a transaction that occurred on Tuesday, August 15th. The shares were sold at an average price of $101.98, for a total value of $1,162,572.00. Following the completion of the transaction, the director now owns 3,748,054 shares of the company’s stock, valued at approximately $382,226,546.92. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director John C. Malone sold 34,500 shares of the business’s stock in a transaction that occurred on Monday, October 2nd. The stock was sold at an average price of $95.18, for a total transaction of $3,283,710.00. The disclosure for this sale can be found here. In the last three months, insiders sold 524,925 shares of company stock valued at $51,690,122. Corporate insiders own 6.09% of the company’s stock.

ILLEGAL ACTIVITY WARNING: “Somewhat Positive Media Coverage Somewhat Unlikely to Impact Liberty Broadband Corporation (LBRDA) Stock Price” was originally reported by Transcript Daily and is the sole property of of Transcript Daily. If you are viewing this piece on another site, it was copied illegally and reposted in violation of US & international trademark and copyright legislation. The legal version of this piece can be read at https://transcriptdaily.com/2017/10/09/somewhat-positive-media-coverage-somewhat-unlikely-to-impact-liberty-broadband-corporation-lbrda-stock-price.html.

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.

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

Receive News & Ratings for Liberty Broadband Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Liberty Broadband Corporation and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply