Lightbridge Co. (NASDAQ:LTBR) CFO Larry Goldman Sells 3,707 Shares

Lightbridge Co. (NASDAQ:LTBR) CFO Larry Goldman sold 3,707 shares of the business’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 sale, the chief financial officer now directly owns 197,737 shares in the company, valued at approximately $1,390,091.11. This represents a 1.84 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Lightbridge Price Performance

Shares of LTBR opened at $5.41 on Thursday. The company’s fifty day moving average price is $6.17 and its 200-day moving average price is $4.45. Lightbridge Co. has a 1-year low of $2.21 and a 1-year high of $14.20. The firm has a market capitalization of $85.30 million, a PE ratio of -7.21 and a beta of 2.19.

Institutional Trading of Lightbridge

Hedge funds and other institutional investors have recently made changes to their positions in the business. XTX Topco Ltd acquired a new position in shares of Lightbridge in the 3rd quarter valued at about $34,000. Capital Market Strategies LLC purchased a new position in Lightbridge during the third quarter valued at approximately $39,000. Virtu Financial LLC lifted its holdings in 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. State Street Corp boosted its position in Lightbridge by 18.4% in the 3rd quarter. State Street Corp now owns 38,579 shares of the energy company’s stock worth $108,000 after purchasing an additional 6,000 shares in the last quarter. Finally, Verition Fund Management LLC acquired a new stake in shares of Lightbridge during the 3rd quarter worth approximately $288,000. 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.