In a filing, Liberty Broadband Corp revealed its President/CEO MAFFEI GREGORY B unloaded Company’s shares for reported $9.97 million on Dec 18 ’24. In the deal valued at $79.74 per share,125,000 shares were sold. As a result of this transaction, MAFFEI GREGORY B now holds 1,435,256 shares worth roughly $111.38 million.
Then, MAFFEI GREGORY B sold 36,733 shares, generating $2,845,623 in total proceeds. Upon selling the shares at $77.47, the President/CEO now owns 1,398,523 shares.
Before that, MAFFEI GREGORY B sold 119,990 shares. Liberty Broadband Corp shares valued at $9,672,578 were divested by the President/CEO at a price of $80.61 per share. As a result of the transaction, MAFFEI GREGORY B now holds 1,560,256 shares, worth roughly $121.08 million.
Price Performance Review of LBRDK
On Friday, Liberty Broadband Corp [NASDAQ:LBRDK] saw its stock jump 2.13% to $77.60. Over the last five days, the stock has gained 1.02%. Liberty Broadband Corp shares have risen nearly 3.80% since the year began. Nevertheless, the stocks have fallen -3.06% over the past one year. While a 52-week high of $101.50 was reached on 01/03/25, a 52-week low of $46.46 was recorded on 01/02/25. SMA at 50 days reached $84.44, while 200 days put it at $65.45.
Levels Of Support And Resistance For LBRDK Stock
The 24-hour chart illustrates a support level at 76.57, which if violated will result in even more drops to 75.54. On the upside, there is a resistance level at 78.15. A further resistance level may holdings at 78.71. The Relative Strength Index (RSI) on the 14-day chart is 42.50, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.50, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 62.64%. Stochastics %K at 20.06% indicates the stock is a holding.
How much short interest is there in Liberty Broadband Corp?
A steep rise in short interest was recorded in Liberty Broadband Corp stocks on 2024-12-13, dropping by -0.72 million shares to a total of 3.45 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 4.17 million shares. There was a decline of -20.95%, which implies that there is a negative sentiment for the stock.
