Liberty Broadband (LBRDK) to Release Earnings on Thursday

Liberty Broadband (NASDAQ:LBRDK) is anticipated to announce its earnings results before the market opens on Thursday, February 27th. Analysts expect the company to announce earnings of $3.67 per share and revenue of $252.50 million for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

Liberty Broadband Stock Down 2.3 %

Shares of Liberty Broadband stock opened at $80.48 on Wednesday. Liberty Broadband has a 12 month low of $46.46 and a 12 month high of $101.50. The business has a fifty day simple moving average of $77.74 and a 200 day simple moving average of $76.87. The company has a quick ratio of 2.07, a current ratio of 2.07 and a debt-to-equity ratio of 0.40. The stock has a market cap of $11.50 billion, a PE ratio of 14.82 and a beta of 1.04.

Wall Street Analyst Weigh In

Separately, StockNews.com began coverage on shares of Liberty Broadband in a research report on Tuesday. They issued a “sell” rating on the stock.

Insider Buying and Selling at Liberty Broadband

In related news, CEO Gregory B. Maffei sold 71,500 shares of the company’s stock in a transaction 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 completion of the transaction, the chief executive officer now directly owns 2,827,013 shares of the company’s stock, valued at approximately $231,815,066. This represents a 2.47 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 10.80% of the company’s stock.

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.