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 that occurred on Wednesday, January 22nd. The shares were 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 of the company’s stock, valued at $1,291,192. This represents a 10.16 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

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

Lightbridge Stock Down 21.0 %

Lightbridge stock opened at $8.03 on Friday. Lightbridge Co. has a 52-week low of $2.21 and a 52-week high of $14.20. The firm’s fifty day moving average is $5.72 and its 200 day moving average is $4.67. The company has a market cap of $126.61 million, a price-to-earnings ratio of -10.71 and a beta of 2.19.

Lightbridge (NASDAQ:LTBR) last announced its 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

Institutional investors have recently modified their holdings of the stock. Evanson Asset Management LLC bought a new position in shares of Lightbridge during the 4th quarter valued at approximately $47,000. XTX Topco Ltd bought a new position in Lightbridge during the third quarter valued at $34,000. Capital Market Strategies LLC purchased a new stake in shares of Lightbridge in the third quarter valued at $39,000. Virtu Financial LLC raised its stake 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. Finally, State Street Corp lifted its holdings in shares of 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 acquiring an additional 6,000 shares during the last quarter. 9.14% of the stock is owned by institutional investors.

About Lightbridge

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.