Lightbridge Co. (NASDAQ:LTBR) CFO Larry Goldman Sells 3,707 Shares

Lightbridge Co. (NASDAQ:LTBR) CFO Larry Goldman sold 3,707 shares of the company’s stock in a transaction on Monday, January 6th. The stock was sold at an average price of $7.03, for a total transaction of $26,060.21. Following the transaction, the chief financial officer now owns 197,737 shares of the company’s stock, valued at $1,390,091.11. This represents a 1.84 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Lightbridge Stock Down 7.0 %

LTBR opened at $5.41 on Thursday. The company has a market cap of $85.30 million, a PE ratio of -7.21 and a beta of 2.19. Lightbridge Co. has a twelve month low of $2.21 and a twelve month high of $14.20. The company has a 50-day moving average price of $6.17 and a 200 day moving average price of $4.45.

Hedge Funds Weigh In On Lightbridge

A number of hedge funds have recently made changes to their positions in LTBR. XTX Topco Ltd acquired a new stake in shares of Lightbridge in the third quarter worth approximately $34,000. Capital Market Strategies LLC purchased a new position in Lightbridge in the 3rd quarter valued at $39,000. Virtu Financial LLC boosted its stake in Lightbridge by 118.8% during the 3rd quarter. Virtu Financial LLC now owns 27,905 shares of the energy company’s stock worth $78,000 after purchasing an additional 15,150 shares during the last quarter. State Street Corp grew its holdings in shares of Lightbridge by 18.4% during the third quarter. State Street Corp now owns 38,579 shares of the energy company’s stock worth $108,000 after buying an additional 6,000 shares in the last quarter. Finally, Verition Fund Management LLC acquired a new stake in shares of Lightbridge in the third quarter valued at about $288,000. Institutional investors and hedge funds own 9.14% of the company’s stock.

Lightbridge Company Profile

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.