Lightbridge Co. (NASDAQ:LTBR) CFO Sells $26,060.21 in Stock

Lightbridge Co. (NASDAQ:LTBR) CFO Larry Goldman sold 3,707 shares of Lightbridge 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 completion of the transaction, the chief financial officer now directly owns 197,737 shares of the company’s stock, valued at $1,390,091.11. The trade was a 1.84 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Lightbridge Trading Down 7.0 %

Shares of NASDAQ:LTBR traded down $0.41 during trading on Wednesday, reaching $5.41. The company’s stock had a trading volume of 738,578 shares, compared to its average volume of 1,395,189. The stock has a market capitalization of $85.30 million, a PE ratio of -7.21 and a beta of 2.19. Lightbridge Co. has a 12 month low of $2.21 and a 12 month high of $14.20. The firm’s 50 day simple moving average is $6.27 and its two-hundred day simple moving average is $4.44.

Institutional Investors Weigh In On Lightbridge

Institutional investors have recently modified their holdings of the stock. XTX Topco Ltd bought a new position in shares of Lightbridge during the 3rd quarter valued at approximately $34,000. Capital Market Strategies LLC purchased a new position in Lightbridge during the third quarter worth $39,000. Virtu Financial LLC increased its position in Lightbridge by 118.8% during the third quarter. Virtu Financial LLC now owns 27,905 shares of the energy company’s stock valued at $78,000 after acquiring an additional 15,150 shares during the last quarter. State Street Corp raised its stake in shares of Lightbridge by 18.4% in the third quarter. State Street Corp now owns 38,579 shares of the energy company’s stock valued at $108,000 after acquiring an additional 6,000 shares during the period. Finally, Verition Fund Management LLC purchased a new position in shares of Lightbridge during the 3rd quarter worth about $288,000. 9.14% of the stock is owned by institutional investors.

About Lightbridge

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.