Liberty Broadband Corp Series A (NASDAQ:LBRDA) Shares Sold by Gamco Investors INC. ET AL

Gamco Investors INC. ET AL lowered its stake in Liberty Broadband Corp Series A (NASDAQ:LBRDA) by 7.3% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 96,049 shares of the company’s stock after selling 7,535 shares during the period. Gamco Investors INC. ET AL’s holdings in Liberty Broadband Corp Series A were worth $10,039,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. FNY Investment Advisers LLC acquired a new stake in Liberty Broadband Corp Series A during the 2nd quarter valued at $35,000. Usca Ria LLC acquired a new position in shares of Liberty Broadband Corp Series A in the third quarter worth $42,000. Ladenburg Thalmann Financial Services Inc. increased its stake in shares of Liberty Broadband Corp Series A by 29.7% in the second quarter. Ladenburg Thalmann Financial Services Inc. now owns 498 shares of the company’s stock worth $51,000 after acquiring an additional 114 shares during the last quarter. Pathstone Family Office LLC increased its stake in shares of Liberty Broadband Corp Series A by 141.7% in the second quarter. Pathstone Family Office LLC now owns 1,008 shares of the company’s stock worth $104,000 after acquiring an additional 591 shares during the last quarter. Finally, Cubist Systematic Strategies LLC acquired a new position in shares of Liberty Broadband Corp Series A in the second quarter worth $106,000. 12.69% of the stock is currently owned by institutional investors.

A number of equities analysts have recently weighed in on the stock. Citigroup assumed coverage on shares of Liberty Broadband Corp Series A in a research note on Friday, October 4th. They issued a “buy” rating and a $125.00 price target on the stock. TD Securities raised shares of Liberty Broadband Corp Series A from a “hold” rating to a “buy” rating in a research note on Friday, August 9th. BidaskClub raised shares of Liberty Broadband Corp Series A from a “buy” rating to a “strong-buy” rating in a research note on Friday, August 30th. Deutsche Bank dropped their price target on shares of Liberty Broadband Corp Series A from $118.00 to $117.00 and set a “buy” rating on the stock in a research note on Monday, August 19th. Finally, ValuEngine downgraded shares of Liberty Broadband Corp Series A from a “hold” rating to a “sell” rating in a research note on Wednesday, October 2nd. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $113.57.

Shares of NASDAQ:LBRDA opened at $116.62 on Thursday. The stock has a market capitalization of $21.50 billion, a PE ratio of 306.89 and a beta of 1.28. Liberty Broadband Corp Series A has a 1 year low of $68.76 and a 1 year high of $120.00. The firm has a fifty day moving average price of $110.05 and a 200 day moving average price of $103.43. The company has a current ratio of 8.04, a quick ratio of 2.53 and a debt-to-equity ratio of 0.05.

About Liberty Broadband Corp Series A

Liberty Broadband Corporation, a cable operator, provides video, Internet, and voice services to residential, and small and medium business customers in the United States. The company operates through Skyhook and Charter segments. The Skyhook segment offers Precision Location Solution, a location determination service for mobile device makers, wireless carriers, and asset tracking platforms to understand the precise geographic location and movement of mobile devices, as well as for enhancing the location determination capabilities of a hybrid location system.

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Institutional Ownership by Quarter for Liberty Broadband Corp Series A (NASDAQ:LBRDA)

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