Autumn Glory Partners LLC Buys Shares of 2,264 Liberty Broadband Corporation $LBRDK

Autumn Glory Partners LLC bought a new position in Liberty Broadband Corporation (NASDAQ:LBRDK) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 2,264 shares of the company’s stock, valued at approximately $223,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. SouthState Corp acquired a new position in Liberty Broadband in the first quarter valued at about $25,000. Fortitude Family Office LLC bought a new position in shares of Liberty Broadband during the 2nd quarter valued at about $48,000. Vestor Capital LLC bought a new stake in Liberty Broadband during the 1st quarter worth approximately $44,000. GAMMA Investing LLC increased its stake in Liberty Broadband by 39.2% during the 2nd quarter. GAMMA Investing LLC now owns 589 shares of the company’s stock worth $58,000 after purchasing an additional 166 shares in the last quarter. Finally, Continuum Advisory LLC acquired a new stake in Liberty Broadband during the 1st quarter worth approximately $58,000. Institutional investors and hedge funds own 80.22% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently weighed in on LBRDK shares. Wall Street Zen upgraded shares of Liberty Broadband to a “hold” rating in a report on Saturday, July 12th. Weiss Ratings reiterated a “hold (c)” rating on shares of Liberty Broadband in a report on Saturday, September 27th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Liberty Broadband currently has a consensus rating of “Hold”.

Liberty Broadband Stock Performance

Shares of LBRDK stock opened at $64.53 on Monday. Liberty Broadband Corporation has a 12 month low of $57.75 and a 12 month high of $104.00. The company’s fifty day simple moving average is $61.24 and its 200-day simple moving average is $79.73. The firm has a market cap of $9.26 billion, a PE ratio of 8.51 and a beta of 1.01. The company has a quick ratio of 0.60, a current ratio of 0.60 and a debt-to-equity ratio of 0.26.

Liberty Broadband Company Profile

Liberty Broadband Corporation engages in the communications businesses. The company's GCI Holdings segment provides data, wireless, video, voice, and managed services to residential customers, businesses, governmental entities, educational, and medical institutions in Alaska under the GCI brand.