Skandinaviska Enskilda Banken AB publ grew its stake in Liberty Broadband Corporation (NASDAQ:LBRDK) by 231.0% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 15,189 shares of the company’s stock after purchasing an additional 10,600 shares during the quarter. Skandinaviska Enskilda Banken AB publ’s holdings in Liberty Broadband were worth $1,448,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of LBRDK. BlackRock Inc. grew its position in shares of Liberty Broadband by 9.3% during the 2nd quarter. BlackRock Inc. now owns 5,960,819 shares of the company’s stock valued at $517,099,000 after buying an additional 508,748 shares during the last quarter. Harris Associates L P grew its position in shares of Liberty Broadband by 9.2% during the 2nd quarter. Harris Associates L P now owns 1,834,770 shares of the company’s stock valued at $159,166,000 after buying an additional 154,535 shares during the last quarter. Naya Capital Management UK Ltd. grew its position in shares of Liberty Broadband by 7.3% during the 2nd quarter. Naya Capital Management UK Ltd. now owns 1,079,714 shares of the company’s stock valued at $93,665,000 after buying an additional 73,024 shares during the last quarter. Goldman Sachs Group Inc. grew its position in shares of Liberty Broadband by 72.4% during the 2nd quarter. Goldman Sachs Group Inc. now owns 978,077 shares of the company’s stock valued at $84,849,000 after buying an additional 410,879 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its position in shares of Liberty Broadband by 7.7% during the 3rd quarter. Dimensional Fund Advisors LP now owns 776,876 shares of the company’s stock valued at $74,031,000 after buying an additional 55,404 shares during the last quarter. Institutional investors and hedge funds own 54.05% of the company’s stock.

Liberty Broadband Corporation (NASDAQ:LBRDK) opened at $85.53 on Friday. Liberty Broadband Corporation has a 1 year low of $71.52 and a 1 year high of $104.66. The company has a quick ratio of 11.64, a current ratio of 11.64 and a debt-to-equity ratio of 0.06. The company has a market cap of $15,962.35, a PE ratio of 877.80 and a beta of 1.30.

Several research analysts have commented on LBRDK shares. Zacks Investment Research upgraded shares of Liberty Broadband from a “sell” rating to a “hold” rating in a research report on Tuesday, September 12th. TheStreet cut shares of Liberty Broadband from a “b” rating to a “c+” rating in a research report on Wednesday, August 16th.

In other Liberty Broadband news, Director John C. Malone sold 45,000 shares of the company’s stock in a transaction dated Monday, October 23rd. The shares were sold at an average price of $93.32, for a total value of $4,199,400.00. Following the completion of the transaction, the director now owns 3,418,279 shares in the company, valued at approximately $318,993,796.28. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director John C. Malone sold 8,550 shares of the stock in a transaction that occurred on Monday, September 18th. The shares were sold at an average price of $98.11, for a total transaction of $838,840.50. Following the completion of the transaction, the director now owns 3,452,779 shares of the company’s stock, valued at $338,752,147.69. The disclosure for this sale can be found here. In the last 90 days, insiders sold 141,600 shares of company stock valued at $13,372,539. 10.80% of the stock is owned by insiders.

TRADEMARK VIOLATION NOTICE: “Liberty Broadband Corporation (LBRDK) Stake Raised by Skandinaviska Enskilda Banken AB publ” was originally published by Watch List News and is owned by of Watch List News. If you are reading this article on another website, it was stolen and republished in violation of US & international trademark & copyright legislation. The legal version of this article can be viewed at https://www.watchlistnews.com/liberty-broadband-corporation-lbrdk-stake-raised-by-skandinaviska-enskilda-banken-ab-publ/1750911.html.

Liberty Broadband Profile

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.

Institutional Ownership by Quarter for Liberty Broadband (NASDAQ:LBRDK)

Receive News & Ratings for Liberty Broadband Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Liberty Broadband Corporation and related companies with Analyst Ratings Network's FREE daily email newsletter.