HBK Investments L P lifted its stake in Liberty Broadband Corp (NASDAQ:LBRDK) by 41.0% in the 4th quarter, HoldingsChannel.com reports. The firm owned 307,700 shares of the company’s stock after buying an additional 89,432 shares during the quarter. HBK Investments L P’s holdings in Liberty Broadband were worth $26,204,000 at the end of the most recent quarter.
Several other large investors also recently bought and sold shares of LBRDK. James Hambro & Partners purchased a new stake in shares of Liberty Broadband in the 4th quarter worth about $102,000. Cerebellum GP LLC purchased a new stake in shares of Liberty Broadband in the 4th quarter worth about $127,000. Massey Quick Simon & CO. LLC purchased a new stake in shares of Liberty Broadband in the 3rd quarter worth about $172,000. American International Group Inc. purchased a new stake in shares of Liberty Broadband in the 4th quarter worth about $185,000. Finally, Vantage Investment Advisors LLC lifted its position in shares of Liberty Broadband by 50.0% in the 4th quarter. Vantage Investment Advisors LLC now owns 2,323 shares of the company’s stock worth $198,000 after purchasing an additional 774 shares during the period. 54.66% of the stock is owned by hedge funds and other institutional investors.
Liberty Broadband Corp (NASDAQ:LBRDK) opened at $89.54 on Monday. The company has a debt-to-equity ratio of 0.05, a current ratio of 7.97 and a quick ratio of 7.97. The stock has a market cap of $16,236.74, a PE ratio of 895.40 and a beta of 1.41. Liberty Broadband Corp has a 12 month low of $80.41 and a 12 month high of $104.66.
In other Liberty Broadband news, Director John E. Welsh III purchased 2,000 shares of the firm’s stock in a transaction that occurred on Friday, December 22nd. The stock was bought at an average cost of $85.50 per share, for a total transaction of $171,000.00. Following the purchase, the director now directly owns 5,000 shares in the company, valued at $427,500. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 10.80% of the stock is owned by company insiders.
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About Liberty Broadband
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.
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