Liberty Broadband Corp. (NASDAQ:LBRDK)’s share price reached a new 52-week high on Thursday . The stock traded as high as $62.77 and last traded at $62.33, with a volume of 108,540 shares trading hands. The stock had previously closed at $62.30.

Several equities research analysts have recently issued reports on LBRDK shares. Zacks Investment Research raised Liberty Broadband Corp. from a “hold” rating to a “buy” rating and set a $65.00 price objective for the company in a research note on Thursday, March 31st. TheStreet raised Liberty Broadband Corp. from a “sell” rating to a “hold” rating in a research note on Monday, April 11th.

The firm’s market capitalization is $6.47 billion. The stock has a 50 day moving average price of $60.09 and a 200 day moving average price of $55.05.

In other news, Director John C. Malone sold 26,000 shares of the business’s stock in a transaction that occurred on Monday, May 2nd. The stock was sold at an average price of $58.22, for a total transaction of $1,513,720.00. Following the transaction, the director now directly owns 4,198,454 shares of the company’s stock, valued at $244,433,991.88. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

A number of large investors have recently modified their holdings of the company. Sei Investments Co. boosted its stake in shares of Liberty Broadband Corp. by 25,292.8% in the fourth quarter. Sei Investments Co. now owns 28,186 shares of the company’s stock valued at $1,462,000 after buying an additional 28,075 shares during the last quarter. Rhumbline Advisers boosted its stake in shares of Liberty Broadband Corp. by 2.1% in the fourth quarter. Rhumbline Advisers now owns 47,178 shares of the company’s stock valued at $2,447,000 after buying an additional 979 shares during the last quarter. US Bancorp DE boosted its stake in shares of Liberty Broadband Corp. by 5.7% in the fourth quarter. US Bancorp DE now owns 51,265 shares of the company’s stock valued at $2,659,000 after buying an additional 2,777 shares during the last quarter. Wells Fargo & Company MN boosted its stake in shares of Liberty Broadband Corp. by 1.1% in the fourth quarter. Wells Fargo & Company MN now owns 282,347 shares of the company’s stock valued at $14,643,000 after buying an additional 3,101 shares during the last quarter. Finally, Harris Associates L P purchased a new stake in shares of Liberty Broadband Corp. during the fourth quarter valued at $27,674,000.

Liberty Broadband Corporation holds interests in Charter Communications, Inc (Charter), TruePosition, Inc (TruePosition) and Time Warner Cable, Inc (TWC). The Company’s segments include Trueposition, Charter, and Corporate and other. The TruePosition segment includes the operations of TruePosition, a subsidiary of the Company that develops and markets technology for locating wireless phones and other wireless devices on a cellular network, enabling wireless carriers and government agencies to provide public safety E-9-1-1 services domestically and services in support of national security and law enforcement across the world.

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