Lightbridge Co. (NASDAQ:LTBR) CFO Sells $146,041.00 in Stock

Lightbridge Co. (NASDAQ:LTBR) CFO Larry Goldman sold 20,863 shares of Lightbridge stock in a transaction dated Wednesday, January 22nd. The shares were sold at an average price of $7.00, for a total value of $146,041.00. Following the transaction, the chief financial officer now directly owns 184,456 shares of the company’s stock, valued at $1,291,192. The trade was a 10.16 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

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

• 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 Trading Down 21.0 %

Lightbridge stock opened at $8.03 on Monday. Lightbridge Co. has a 1-year low of $2.21 and a 1-year high of $14.20. The firm has a market capitalization of $126.63 million, a PE ratio of -10.71 and a beta of 2.19. The firm’s 50 day simple moving average is $5.72 and its 200 day simple moving average is $4.68.

Lightbridge (NASDAQ:LTBR) last released its quarterly earnings results on Thursday, October 31st. The energy company reported ($0.19) earnings per share for the quarter.

Institutional Trading of Lightbridge

Several institutional investors and hedge funds have recently modified their holdings of LTBR. XTX Topco Ltd purchased a new position in shares of Lightbridge during the third quarter worth about $34,000. Capital Market Strategies LLC purchased a new stake in Lightbridge in the third quarter valued at approximately $39,000. Evanson Asset Management LLC bought a new stake in Lightbridge during the fourth quarter valued at approximately $47,000. Virtu Financial LLC grew its stake in Lightbridge by 118.8% in the 3rd quarter. Virtu Financial LLC now owns 27,905 shares of the energy company’s stock worth $78,000 after buying an additional 15,150 shares in the last quarter. Finally, State Street Corp increased its holdings in shares of Lightbridge by 18.4% in the 3rd 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 during the last quarter. Hedge funds and other institutional investors 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.