Andra AP fonden Acquires 800 Shares of Liberty Broadband Corporation (LBRDK)

Andra AP fonden lifted its holdings in shares of Liberty Broadband Corporation (NASDAQ:LBRDK) by 5.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,000 shares of the company’s stock after purchasing an additional 800 shares during the period. Andra AP fonden’s holdings in Liberty Broadband Corporation were worth $1,430,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the company. BlackRock Inc. increased its stake in shares of Liberty Broadband Corporation by 9.3% during the 2nd quarter. BlackRock Inc. now owns 5,960,819 shares of the company’s stock worth $517,099,000 after purchasing an additional 508,748 shares in the last quarter. Harris Associates L P grew its stake in Liberty Broadband Corporation by 9.2% in the 2nd quarter. Harris Associates L P now owns 1,834,770 shares of the company’s stock worth $159,166,000 after acquiring an additional 154,535 shares during the period. Naya Capital Management UK Ltd. grew its stake in Liberty Broadband Corporation by 7.3% in the 2nd quarter. Naya Capital Management UK Ltd. now owns 1,079,714 shares of the company’s stock worth $93,665,000 after acquiring an additional 73,024 shares during the period. Goldman Sachs Group Inc. grew its stake in Liberty Broadband Corporation by 72.4% in the 2nd quarter. Goldman Sachs Group Inc. now owns 978,077 shares of the company’s stock worth $84,849,000 after acquiring an additional 410,879 shares during the period. Finally, Dimensional Fund Advisors LP grew its stake in Liberty Broadband Corporation by 7.0% in the 2nd quarter. Dimensional Fund Advisors LP now owns 721,472 shares of the company’s stock worth $62,589,000 after acquiring an additional 47,163 shares during the period. 62.94% of the stock is owned by institutional investors and hedge funds.

Several analysts have commented on LBRDK shares. Zacks Investment Research raised shares of Liberty Broadband Corporation from a “sell” rating to a “hold” rating in a research note on Tuesday, September 12th. Morgan Stanley reaffirmed an “equal weight” rating and issued a $95.00 target price (up from $91.00) on shares of Liberty Broadband Corporation in a research note on Monday, July 17th. Finally, TheStreet cut shares of Liberty Broadband Corporation from a “b” rating to a “c+” rating in a research note on Wednesday, August 16th.

Shares of Liberty Broadband Corporation (LBRDK) opened at $89.13 on Tuesday. Liberty Broadband Corporation has a 12 month low of $67.27 and a 12 month high of $104.66. The company has a market cap of $16,091.46, a P/E ratio of 884.90 and a beta of 1.33. The company has a quick ratio of 11.64, a current ratio of 11.64 and a debt-to-equity ratio of 0.06.

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In other news, Director John C. Malone sold 8,550 shares of the business’s stock in a transaction on Monday, September 18th. The shares were sold at an average price of $98.11, for a total transaction of $838,840.50. Following the completion of the sale, the director now directly owns 3,452,779 shares of the company’s stock, valued at approximately $338,752,147.69. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director John C. Malone sold 45,000 shares of the business’s stock in a transaction on Monday, September 25th. The shares were sold at an average price of $94.21, for a total transaction of $4,239,450.00. Following the sale, the director now directly owns 3,452,779 shares of the company’s stock, valued at $325,286,309.59. The disclosure for this sale can be found here. Insiders have sold a total of 208,520 shares of company stock valued at $20,103,353 over the last three months. Corporate insiders own 10.80% of the company’s stock.

Liberty Broadband Corporation 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.

Institutional Ownership by Quarter for Liberty Broadband Corporation (NASDAQ:LBRDK)

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