BidaskClub Upgrades Liberty Broadband Corporation (LBRDA) to Strong-Buy

FMR LLC boosted its stake in Liberty Broadband Corporation by 2.2% in the first quarter. MAI Capital Management purchased a new stake in shares of Liberty Broadband Corporation during the first quarter valued at about $210,000. One analyst has rated the stock with a hold recommendation, four have given a buy recommendation and one has assigned a strong buy recommendation to the company. BlackRock Inc. raised its position in shares of Liberty Broadband Corporation by 4,496.9% in the first quarter. First Trust Advisors LP now owns 123,502 shares of the company's stock valued at $10,509,000 after buying an additional 15,882 shares during the last quarter. Finally, Harris Associates L P boosted its stake in Liberty Broadband Corporation by 2.6% in the first quarter. The company had a trading volume of 102,000 shares.

06/22/2016 - Liberty Broadband Corporation had its "buy" rating reiterated by analysts at Wunderlich. State Street Corp now owns 1,984,745 shares of the company's stock valued at $171,487,000 after buying an additional 73,536 shares during the last quarter. Finally, Harris Associates L P boosted its position in Liberty Broadband Corporation by 2.6% in the first quarter. Suntrust Banks Inc. now owns 5,408 shares of the company's stock valued at $459,000 after buying an additional 22 shares during the last quarter.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in LBRDA. Liberty Broadband Corporation is based in Englewood, Colorado.

Moving averages can help spot trends and price reversals. Liberty Broadband Corporation has a 52 week low of $61.53 and a 52 week high of $100.16. The company has a market cap of $17.97 billion, a price-to-earnings ratio of 18.46 and a beta of 1.43. First Manhattan Co downsized its holdings by selling 2,554 shares a decrease of 2.6%. "Has $28.64 Million Stake in Liberty Broadband Corporation (LBRDK)" was originally posted by Stock Observer and is the sole property of of Stock Observer. If you are accessing this report on another website, it was illegally stolen and republished in violation of global copyright laws.

Several equities research analysts recently issued reports on LBRDA shares. Pivotal Research lowered their price objective on shares of Liberty Broadband Corporation from $108.00 to $107.00 and set a buy rating on the stock in a research report on Wednesday, April 5th.

Zacks Investment Research upgraded shares of Liberty Broadband Corporation (NASDAQ:LBRDK) from a sell rating to a hold rating in a report released on Wednesday, July 5th. The stock was sold at an average price of $88.62, for a total value of $505,134.00. Following the sale, the director now owns 3,782,554 shares of the company's stock, valued at approximately $340,770,289.86. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director John C. Malone sold 40,000 shares of Liberty Broadband Corporation stock in a transaction that occurred on Monday, June 12th. The stock was sold at an average price of $90.09, for a total transaction of $4,054,050.00. The disclosure for this sale can be found here. In the last three months, insiders have sold 113,700 shares of company stock worth $10,010,174.

Liberty Broadband Corporation holds interest in Charter Communications, Inc. (Skyhook). The Business'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.

At the time of writing, Liberty Broadband Corp (LBRDA) has a 14-day Commodity Channel Index (CCI) of 134.09.

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