VisionPoint Advisory Group LLC Sells 1,128 Shares of Liberty Broadband Co. (NASDAQ:LBRDK)

VisionPoint Advisory Group LLC cut its holdings in shares of Liberty Broadband Co. (NASDAQ:LBRDK) by 7.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 14,113 shares of the company’s stock after selling 1,128 shares during the quarter. VisionPoint Advisory Group LLC’s holdings in Liberty Broadband were worth $1,072,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the company. Barclays PLC boosted its position in shares of Liberty Broadband by 6.4% during the 3rd quarter. Barclays PLC now owns 6,899,331 shares of the company’s stock worth $533,251,000 after acquiring an additional 415,496 shares in the last quarter. Assenagon Asset Management S.A. raised its stake in shares of Liberty Broadband by 23.7% during the fourth quarter. Assenagon Asset Management S.A. now owns 3,585,407 shares of the company’s stock valued at $268,045,000 after acquiring an additional 686,089 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of Liberty Broadband by 1.6% during the third quarter. Geode Capital Management LLC now owns 2,014,571 shares of the company’s stock valued at $155,736,000 after acquiring an additional 31,484 shares during the last quarter. Charles Schwab Investment Management Inc. raised its stake in Liberty Broadband by 63.9% during the third quarter. Charles Schwab Investment Management Inc. now owns 940,168 shares of the company’s stock worth $72,666,000 after buying an additional 366,614 shares during the last quarter. Finally, Rothschild & Co Wealth Management UK Ltd raised its stake in Liberty Broadband by 0.8% during the fourth quarter. Rothschild & Co Wealth Management UK Ltd now owns 838,969 shares of the company’s stock worth $62,721,000 after buying an additional 6,841 shares during the last quarter. Institutional investors and hedge funds own 80.22% of the company’s stock.

Insider Buying and Selling at Liberty Broadband

In other news, CEO Gregory B. Maffei sold 71,500 shares of the business’s stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $82.00, for a total value of $5,863,000.00. Following the sale, the chief executive officer now owns 2,827,013 shares of the company’s stock, valued at $231,815,066. The trade was a 2.47 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 10.80% of the company’s stock.

Liberty Broadband Stock Up 0.2 %

Liberty Broadband stock opened at $81.52 on Friday. Liberty Broadband Co. has a fifty-two week low of $46.46 and a fifty-two week high of $101.50. The stock has a market cap of $11.65 billion, a PE ratio of 15.01 and a beta of 1.04. The firm’s 50-day simple moving average is $77.75 and its 200 day simple moving average is $76.34. The company has a debt-to-equity ratio of 0.40, a quick ratio of 2.07 and a current ratio of 2.07.

Wall Street Analysts Forecast Growth

Separately, StockNews.com initiated coverage on shares of Liberty Broadband in a research note on Monday. They set a “sell” rating for the company.

About Liberty Broadband

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.