Karpas Strategies LLC maintained its position in shares of Liberty Broadband Corporation (NASDAQ:LBRDK) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,474 shares of the company’s stock at the end of the third quarter. Karpas Strategies LLC’s holdings in Liberty Broadband Corporation were worth $391,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Anchor Capital Advisors LLC boosted its position in shares of Liberty Broadband Corporation by 11.3% in the second quarter. Anchor Capital Advisors LLC now owns 639,659 shares of the company’s stock valued at $38,380,000 after buying an additional 64,783 shares in the last quarter. Vanguard Group Inc. boosted its position in shares of Liberty Broadband Corporation by 88.8% in the second quarter. Vanguard Group Inc. now owns 8,635,212 shares of the company’s stock valued at $518,113,000 after buying an additional 4,062,639 shares in the last quarter. Teacher Retirement System of Texas boosted its position in shares of Liberty Broadband Corporation by 21.0% in the second quarter. Teacher Retirement System of Texas now owns 9,968 shares of the company’s stock valued at $598,000 after buying an additional 1,733 shares in the last quarter. Harris Associates L P boosted its position in shares of Liberty Broadband Corporation by 46.8% in the second quarter. Harris Associates L P now owns 1,516,135 shares of the company’s stock valued at $90,968,000 after buying an additional 483,525 shares in the last quarter. Finally, California Public Employees Retirement System boosted its position in shares of Liberty Broadband Corporation by 1.5% in the third quarter. California Public Employees Retirement System now owns 162,900 shares of the company’s stock valued at $11,644,000 after buying an additional 2,400 shares in the last quarter. 65.87% of the stock is owned by institutional investors.

Institutional Ownership by Quarter for Liberty Broadband Corporation (NASDAQ:LBRDK)

Liberty Broadband Corporation (NASDAQ:LBRDK) traded up 0.75% during midday trading on Friday, hitting $76.41. 298,406 shares of the stock traded hands. Liberty Broadband Corporation has a one year low of $41.30 and a one year high of $76.58. The company’s 50-day moving average is $72.90 and its 200-day moving average is $68.10. The company has a market cap of $13.88 billion, a PE ratio of 12.07 and a beta of 1.41.

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Several equities research analysts have recently issued reports on LBRDK shares. Zacks Investment Research cut shares of Liberty Broadband Corporation from a “buy” rating to a “hold” rating in a research report on Tuesday, November 15th. TheStreet raised shares of Liberty Broadband Corporation from a “hold” rating to a “buy” rating in a research report on Thursday, November 3rd.

In related news, Director John C. Malone sold 25,119 shares of the company’s stock in a transaction that occurred on Monday, November 21st. The shares were sold at an average price of $69.34, for a total transaction of $1,741,751.46. Following the completion of the transaction, the director now owns 4,002,935 shares of the company’s stock, valued at $277,563,512.90. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director John C. Malone sold 89,993 shares of the company’s stock in a transaction that occurred on Tuesday, November 22nd. The stock was sold at an average price of $70.38, for a total transaction of $6,333,707.34. Following the transaction, the director now directly owns 4,002,935 shares of the company’s stock, valued at approximately $281,726,565.30. The disclosure for this sale can be found here. Corporate insiders own 10.80% of the company’s stock.

About Liberty Broadband Corporation

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.

5 Day Chart for NASDAQ:LBRDK

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