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Liberty Broadband Corporation (NASDAQ:LBRDA) Trading Down - Short Interest Up 10.67%

03/18/2016 - Liberty Broadband Corporation was upgraded to "buy" by analysts at Buckingham Research. A CCI reading closer to +100 may indicate more buying (possibly overbought) and a reading closer to -100 may indicate more selling (possibly oversold). Toronto Dominion Bank now owns 1,171 shares of the company's stock valued at $101,000 after buying an additional 243 shares during the period. BlackRock Inc. raised its position in Liberty Broadband Corporation by 9.3% in the 2nd quarter. The value in dollars increased from $86,978,000 to $93,665,000 increasing 7.7% since the last quarter. Janus Capital Management LLC owns 402,667 shares valued at $34,790,000. As of the end of the quarter Pacer Advisors, Inc. had acquired 319 shares growing its holdings by 8.2%. BlackRock Inc. now owns 5,960,819 shares of the company's stock valued at $517,099,000 after buying an additional 508,748 shares during the last quarter. Finally, Markel Corp grew its holdings in Liberty Broadband Corporation by 15.1% during the 2nd quarter. Harris Associates L P now owns 1,834,770 shares of the company's stock valued at $159,166,000 after buying an additional 154,535 shares during the last quarter.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock.

Several brokerages have issued reports on LBRDA.

08/15/2017 - Liberty Broadband Corporation had its "buy" rating reiterated by analysts at Pivotal Research. Conducting thorough fundamental research on stocks even after they have broken out may help the investor understand the reason behind the move, and whether it is likely to continue or if it is just a temporary spike. Zacks has also assigned Liberty Broadband Corporation an industry rank of 60 out of 265 based on the ratings given to its competitors. The stock was sold at an average price of $88.62, for a total transaction of $505,134.00.

Watching the trading indicators on shares of Liberty Broadband Corp (LBRDA), we can see that the twenty one day Wilder Moving Average is presently above the 50 day Simple Moving Average. If you are viewing this piece on another publication, it was stolen and reposted in violation of US and global copyright and trademark laws. The correct version of this piece of content can be viewed at https://www.dispatchtribunal.com/2017/09/21/legal-general-group-plc-sells-3427-shares-of-liberty-broadband-corp-lbrda.html. Also, Director John C. Malone sold 5,700 shares of the company's stock in a transaction that occurred on Monday, July 17th. Shares are trading at $98.27 a tad under $100.47, the 50 day moving average and which is marginally over the 200 day moving average of $90.47. Following the completion of the transaction, the director now owns 3,782,554 shares in the company, valued at approximately $335,209,935.48. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

In related news, Director John C. Malone sold 23,000 shares of the company's stock in a transaction that occurred on Wednesday, July 5th. The total value of its holdings increased 2.0%. Malone now owns $30,533,399 of the stock according to the SEC filing. The disclosure for this sale can be found here.

Checking on some popular technical levels, Eldorado Gold Corp (ELD.TO) has a 14-day Commodity Channel Index (CCI) of 67.68. They may look to the 50-day or 20-day to get a better grasp of what is going on with the stock in the near-term. It is now trading at $96.29 which is slightly below the 50 day moving average which is $99.85 and barely above the 200 day moving average of $89.44. Liberty Broadband Corporation has a 52-week low of 61.69 and a 52-week high of 104.35.

Liberty Broadband Corporation, launched on June 26, 2014, holds interest in Charter Communications, Inc. (Charter) and its subsidiary Skyhook Holding, Inc.



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