Lightbridge Co. (NASDAQ:LTBR) CFO Sells $257,889.27 in Stock

Lightbridge Co. (NASDAQ:LTBR - Get Free Report) CFO Larry Goldman sold 18,303 shares of Lightbridge stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $14.09, for a total transaction of $257,889.27. Following the sale, the chief financial officer now owns 150,900 shares of the company's stock, valued at approximately $2,126,181. This represents a 10.82 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Larry Goldman also recently made the following trade(s):

• On Wednesday, January 22nd, Larry Goldman sold 20,863 shares of Lightbridge stock. The shares were sold at an average price of $7.00, for a total transaction of $146,041.00.
• On Monday, January 6th, Larry Goldman sold 3,707 shares of Lightbridge stock. The shares were sold at an average price of $7.03, for a total transaction of $26,060.21.

Lightbridge Price Performance

Shares of LTBR stock traded down $0.05 during trading on Tuesday, reaching $13.51. The company's stock had a trading volume of 2,071,164 shares, compared to its average volume of 3,507,737. The company has a market capitalization of $213.08 million, a price-to-earnings ratio of -17.86 and a beta of 2.26. The stock's 50-day moving average price is $7.13 and its 200 day moving average price is $5.48. Lightbridge Co. has a 1-year low of $2.21 and a 1-year high of $16.90.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Capital Market Strategies LLC grew its holdings in shares of Lightbridge by 42.5% in the fourth quarter. Capital Market Strategies LLC now owns 19,950 shares of the energy company's stock valued at $94,000 after purchasing an additional 5,950 shares in the last quarter. State Street Corp grew its holdings in shares of Lightbridge by 18.4% in the third quarter. State Street Corp now owns 38,579 shares of the energy company's stock valued at $108,000 after purchasing an additional 6,000 shares in the last quarter. Geode Capital Management LLC grew its holdings in Lightbridge by 4.1% during the 4th quarter. Geode Capital Management LLC now owns 171,746 shares of the energy company's stock worth $813,000 after acquiring an additional 6,830 shares in the last quarter. NewEdge Advisors LLC acquired a new position in Lightbridge during the 4th quarter worth approximately $38,000. Finally, Evanson Asset Management LLC acquired a new position in Lightbridge during the 4th quarter worth approximately $47,000. Institutional investors and hedge funds own 9.14% of the company's stock.

Lightbridge Company Profile

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.