Larry Goldman Sells 20,863 Shares of Lightbridge Co. (NASDAQ:LTBR) Stock

Lightbridge Co. (NASDAQ:LTBR) CFO Larry Goldman sold 20,863 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the chief financial officer now owns 184,456 shares of the company’s stock, valued at $1,291,192. The trade was a 10.16 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

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 transaction of $26,060.21.

Lightbridge Stock Performance

LTBR stock opened at $8.03 on Monday. The firm has a market cap of $126.63 million, a P/E ratio of -10.71 and a beta of 2.19. The firm’s fifty day moving average is $5.72 and its 200 day moving average is $4.68. Lightbridge Co. has a 52 week low of $2.21 and a 52 week high of $14.20.

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

Hedge Funds Weigh In On Lightbridge

A number of large investors have recently bought and sold shares of the stock. Capital Market Strategies LLC boosted its stake in shares of Lightbridge by 42.5% during 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 during the period. State Street Corp raised its holdings in Lightbridge by 18.4% during the 3rd quarter. State Street Corp now owns 38,579 shares of the energy company’s stock valued at $108,000 after buying an additional 6,000 shares during the last quarter. Evanson Asset Management LLC purchased a new stake in Lightbridge during the 4th quarter valued at $47,000. XTX Topco Ltd bought a new stake in Lightbridge in the 3rd quarter worth $34,000. Finally, Virtu Financial LLC increased its position in shares of Lightbridge by 118.8% in the third quarter. Virtu Financial LLC now owns 27,905 shares of the energy company’s stock valued at $78,000 after acquiring an additional 15,150 shares during the period. 9.14% of the stock is owned by hedge funds and other institutional investors.

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.