Lightbridge Co. (NASDAQ:LTBR - Get Free Report) CFO Larry Goldman sold 3,707 shares of the company's stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of $7.03, for a total transaction of $26,060.21. Following the completion of the transaction, the chief financial officer now owns 197,737 shares in the company, valued at approximately $1,390,091.11. This represents a 1.84 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
Lightbridge Stock Performance
Shares of NASDAQ LTBR traded down $0.41 during trading on Wednesday, reaching $5.41. The stock had a trading volume of 738,606 shares, compared to its average volume of 1,395,219. The business's 50-day moving average price is $6.27 and its 200-day moving average price is $4.44. Lightbridge Co. has a fifty-two week low of $2.21 and a fifty-two week high of $14.20. The company has a market cap of $85.30 million, a P/E ratio of -7.21 and a beta of 2.19.
Institutional Trading of Lightbridge
A number of institutional investors and hedge funds have recently bought and sold shares of LTBR. XTX Topco Ltd purchased a new position in Lightbridge in the third quarter valued at $34,000. Capital Market Strategies LLC purchased a new position in shares of Lightbridge in the 3rd quarter valued at about $39,000. Virtu Financial LLC boosted its stake in shares of Lightbridge by 118.8% in the 3rd quarter. Virtu Financial LLC now owns 27,905 shares of the energy company's stock valued at $78,000 after buying an additional 15,150 shares during the period. State Street Corp grew its position in shares of Lightbridge by 18.4% during the third 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 in the last quarter. Finally, Verition Fund Management LLC purchased a new stake in shares of Lightbridge during the third quarter worth approximately $288,000. 9.14% of the stock is currently owned by hedge funds and other institutional investors.
About Lightbridge
(
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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.
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