Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Liberty Broadband Corp shares valued at $9,967,349 were sold by MAFFEI GREGORY B on Dec 18 ’24. At $79.74 per share, MAFFEI GREGORY B sold 125,000 shares. The insider’s holdings dropped to 1,435,256 shares worth approximately $110.99 million following the completion of this transaction.
Also, MAFFEI GREGORY B sold 36,733 shares, netting a total of over 2,845,623 in proceeds. Following the sale of shares at $77.47 each, the insider now holds 1,398,523 shares.
Before that, MAFFEI GREGORY B had sold 119,990 shares from its account. In a trade valued at $9,672,578, the President/CEO traded Liberty Broadband Corp shares for $80.61 each. Upon closing the transaction, the insider’s holdings decreased to 119,990 shares, worth approximately $120.65 million.
Analyzing LBRDK Stock Performance
During the last five days, there has been a surge of approximately 2.42%. Over the course of the year, Liberty Broadband Corp shares have jumped approximately 3.44%. Shares of the company reached a 52-week high of $78.56 on 01/06/25 and a 52-week low of $73.12 on 01/10/25. A 50-day SMA is recorded $82.21, while a 200-day SMA reached $66.56. Nevertheless, trading volume fell to 0.76 million shares from 0.65 million shares the previous day.
Support And Resistance Levels for Liberty Broadband Corp (LBRDK)
According to the 24-hour chart, there is a support level at 76.22, which, if violated, would cause prices to drop to 75.11. In the upper region, resistance lies at 77.92. The next price resistance is at 78.51. RSI (Relative Strength Index) is 48.64 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.02, which suggests the price will increase in the coming days. Percent R is at 22.61%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
