Liberty Broadband (LBRDK) Getting Somewhat Positive Media Coverage, Study Shows
News coverage about Liberty Broadband (NASDAQ:LBRDK) has been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies positive and negative news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Liberty Broadband earned a news impact score of 0.16 on Accern’s scale. Accern also assigned headlines about the company an impact score of 45.5992940980256 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Shares of Liberty Broadband (LBRDK) traded down $0.14 during trading hours on Wednesday, reaching $85.34. 729,691 shares of the company were exchanged, compared to its average volume of 624,137. The firm has a market cap of $15,440.00, a PE ratio of 862.80 and a beta of 1.30. The company has a debt-to-equity ratio of 0.06, a quick ratio of 11.64 and a current ratio of 11.64. Liberty Broadband has a 12-month low of $72.00 and a 12-month high of $104.66.
LBRDK has been the subject of a number of recent research reports. TheStreet cut shares of Liberty Broadband from a “b” rating to a “c+” rating in a research note on Wednesday, August 16th. Zacks Investment Research upgraded shares of Liberty Broadband from a “sell” rating to a “hold” rating in a research note on Tuesday, September 12th.
In other Liberty Broadband news, Director John C. Malone sold 34,500 shares of the company’s stock in a transaction on Monday, October 2nd. The shares were sold at an average price of $95.18, for a total transaction of $3,283,710.00. Following the completion of the transaction, the director now owns 3,452,500 shares in the company, valued at approximately $328,608,950. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director John C. Malone sold 45,000 shares of the company’s stock in a transaction on Monday, September 25th. The stock was sold at an average price of $94.21, for a total transaction of $4,239,450.00. Following the transaction, the director now owns 3,452,779 shares of the company’s stock, valued at approximately $325,286,309.59. The disclosure for this sale can be found here. In the last quarter, insiders have sold 141,600 shares of company stock valued at $13,372,539. 10.80% of the stock is owned by company insiders.
Liberty Broadband Company 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.
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