Andrey Mushakov Sells 30,000 Shares of Lightbridge Co. (NASDAQ:LTBR) Stock

Lightbridge Co. (NASDAQ:LTBR) EVP Andrey Mushakov sold 30,000 shares of Lightbridge stock in a transaction that occurred on Wednesday, February 12th. The stock was sold at an average price of $14.58, for a total transaction of $437,400.00. Following the completion of the transaction, the executive vice president now directly owns 159,893 shares in the company, valued at approximately $2,331,239.94. The trade was a 15.80 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Andrey Mushakov also recently made the following trade(s):

• On Thursday, January 23rd, Andrey Mushakov sold 45,070 shares of Lightbridge stock. The stock was sold at an average price of $8.97, for a total transaction of $404,277.90.

Lightbridge Stock Down 10.7 %

Shares of Lightbridge stock opened at $13.56 on Friday. The firm’s 50 day moving average price is $6.96 and its 200-day moving average price is $5.39. Lightbridge Co. has a 52-week low of $2.21 and a 52-week high of $16.90. The company has a market cap of $213.84 million, a P/E ratio of -18.08 and a beta of 2.26.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. State Street Corp grew its position in shares of Lightbridge by 18.4% in the 3rd quarter. State Street Corp now owns 38,579 shares of the energy company’s stock worth $108,000 after buying an additional 6,000 shares during the last quarter. Verition Fund Management LLC purchased a new stake in Lightbridge during the 3rd quarter worth approximately $288,000. Virtu Financial LLC grew its position in Lightbridge by 118.8% during the 3rd quarter. Virtu Financial LLC now owns 27,905 shares of the energy company’s stock worth $78,000 after purchasing an additional 15,150 shares during the last quarter. XTX Topco Ltd purchased a new stake in Lightbridge during the 3rd quarter worth approximately $34,000. Finally, Evanson Asset Management LLC purchased a new stake in Lightbridge during the 4th quarter worth approximately $47,000. Hedge funds and other institutional investors own 9.14% of the company’s stock.

About Lightbridge

Lightbridge Corporation, together with its subsidiaries, engages in developing nuclear fuel technology. It develops and commercializes metallic nuclear fuels. The company was formerly known as Thorium Power, Ltd. and changed its name to Lightbridge Corporation in September 2009. Lightbridge Corporation is headquartered in Reston, Virginia.