Lightbridge Co. (NASDAQ:LTBR) CFO Sells $146,041.00 in Stock

Lightbridge Co. (NASDAQ:LTBR) CFO Larry Goldman sold 20,863 shares of the firm’s stock in a transaction on Wednesday, January 22nd. The stock was sold at an average price of $7.00, for a total value of $146,041.00. Following the transaction, the chief financial officer now owns 184,456 shares in the company, valued at approximately $1,291,192. This trade represents a 10.16 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

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

• On Monday, January 6th, Larry Goldman sold 3,707 shares of Lightbridge stock. The stock was sold at an average price of $7.03, for a total value of $26,060.21.

Lightbridge Price Performance

LTBR traded down $2.13 on Friday, hitting $8.03. 7,157,285 shares of the stock were exchanged, compared to its average volume of 2,458,615. The firm has a market capitalization of $126.63 million, a price-to-earnings ratio of -10.71 and a beta of 2.19. Lightbridge Co. has a 12 month low of $2.21 and a 12 month high of $14.20. The business has a 50-day moving average of $5.64 and a two-hundred day moving average of $4.60.

Lightbridge (NASDAQ:LTBR) last posted its quarterly earnings results on Thursday, October 31st. The energy company reported ($0.19) earnings per share (EPS) for the quarter.

Institutional Investors Weigh In On Lightbridge

Large investors have recently modified their holdings of the business. Verition Fund Management LLC acquired a new position in shares of Lightbridge during the 3rd quarter worth $288,000. State Street Corp raised its stake in 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 acquiring an additional 6,000 shares in the last quarter. 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 purchasing an additional 15,150 shares in the last quarter. Capital Market Strategies LLC grew its holdings in shares of Lightbridge by 42.5% during the 4th 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 during the last quarter. Finally, XTX Topco Ltd bought a new position in Lightbridge in the 3rd quarter valued at approximately $34,000. 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.