Insider Selling: Lightbridge Co. (NASDAQ:LTBR) CFO Sells 18,303 Shares of Stock

Lightbridge Co. (NASDAQ:LTBR) CFO Larry Goldman sold 18,303 shares of Lightbridge stock in a transaction on Wednesday, February 12th. The stock was sold at an average price of $14.09, for a total value of $257,889.27. Following the transaction, the chief financial officer now directly owns 150,900 shares of the company’s stock, valued at $2,126,181. This trade represents a 10.82 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Larry Goldman also recently made the following trade(s):

• On Wednesday, January 22nd, Larry Goldman sold 20,863 shares of Lightbridge stock. The shares were sold at an average price of $7.00, for a total transaction of $146,041.00.
• On Monday, January 6th, Larry Goldman sold 3,707 shares of Lightbridge stock. The shares were sold at an average price of $7.03, for a total transaction of $26,060.21.

Lightbridge Price Performance

Shares of LTBR opened at $13.56 on Friday. Lightbridge Co. has a 1-year low of $2.21 and a 1-year high of $16.90. The firm has a 50 day simple moving average of $6.96 and a 200-day simple moving average of $5.37.

Hedge Funds Weigh In On Lightbridge

A number of institutional investors have recently made changes to their positions in the stock. State Street Corp increased its position in Lightbridge by 18.4% during the 3rd quarter. State Street Corp now owns 38,579 shares of the energy company’s stock worth $108,000 after purchasing an additional 6,000 shares in the last quarter. Verition Fund Management LLC purchased a new stake in shares of Lightbridge during the third quarter worth about $288,000. Virtu Financial LLC raised its position in shares of Lightbridge by 118.8% in the third quarter. Virtu Financial LLC now owns 27,905 shares of the energy company’s stock valued at $78,000 after buying an additional 15,150 shares during the last quarter. XTX Topco Ltd purchased a new position in shares of Lightbridge during the third quarter valued at approximately $34,000. Finally, Evanson Asset Management LLC acquired a new stake in Lightbridge during the fourth quarter worth approximately $47,000. 9.14% of the stock is owned by institutional investors and hedge funds.

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.