Key Points
- Director Sweta Chakraborty sold 1,947 shares of Lightbridge on Jan. 2 at $12.88 for $25,077, reducing her stake by 4.69% to 39,606 shares (about $510,125).
- The Jan. 2 sale continues a string of recent disposals — 1,948 shares on Dec. 1 at $15.47, 1,948 on Nov. 3 at $26.73 and 1,246 on Oct. 8 at $22.89 — indicating ongoing insider selling.
- Lightbridge trades around $15.61 with a market cap near $509 million and 50/200-day moving averages about $17, and the stock carries a consensus Sell rating (Weiss Ratings reaffirmed "sell (d-)").
Lightbridge Corporation (NASDAQ:LTBR - Get Free Report) Director Sweta Chakraborty sold 1,947 shares of Lightbridge stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $12.88, for a total transaction of $25,077.36. Following the completion of the sale, the director directly owned 39,606 shares in the company, valued at approximately $510,125.28. The trade was a 4.69% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
Sweta Chakraborty also recently made the following trade(s):
- On Monday, December 1st, Sweta Chakraborty sold 1,948 shares of Lightbridge stock. The stock was sold at an average price of $15.47, for a total transaction of $30,135.56.
- On Monday, November 3rd, Sweta Chakraborty sold 1,948 shares of Lightbridge stock. The shares were sold at an average price of $26.73, for a total value of $52,070.04.
- On Wednesday, October 8th, Sweta Chakraborty sold 1,246 shares of Lightbridge stock. The shares were sold at an average price of $22.89, for a total value of $28,520.94.
Lightbridge Stock Performance
NASDAQ:LTBR opened at $15.61 on Tuesday. The stock has a fifty day moving average price of $17.05 and a two-hundred day moving average price of $16.82. The stock has a market capitalization of $509.04 million, a price-to-earnings ratio of -19.51 and a beta of 1.84. Lightbridge Corporation has a 1 year low of $5.01 and a 1 year high of $31.33.
Lightbridge (NASDAQ:LTBR - Get Free Report) last announced its quarterly earnings data on Wednesday, November 5th. The energy company reported ($0.16) EPS for the quarter.
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of LTBR. Exchange Traded Concepts LLC acquired a new stake in shares of Lightbridge during the 2nd quarter worth about $7,856,000. Balboa Wealth Partners purchased a new position in shares of Lightbridge during the second quarter valued at approximately $159,000. Geneos Wealth Management Inc. acquired a new stake in Lightbridge during the first quarter worth approximately $471,000. Goldman Sachs Group Inc. grew its stake in Lightbridge by 601.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 91,620 shares of the energy company's stock worth $683,000 after acquiring an additional 78,561 shares during the period. Finally, Police & Firemen s Retirement System of New Jersey acquired a new position in Lightbridge in the 2nd quarter valued at $60,000. 9.14% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
Separately, Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Lightbridge in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has a consensus rating of "Sell".
Get Our Latest Stock Analysis on LTBR
About Lightbridge
(
Get Free Report)
Lightbridge Corporation is a nuclear energy technology company focused on developing advanced nuclear fuel designs to enhance the safety, efficiency and economic performance of existing and new nuclear power reactors. The company's core technology centers on a patented metallic fuel system that replaces conventional uranium oxide fuel pellets with a uranium-zirconium alloy, configured in a helical rod design. This proprietary fuel form is intended to enable higher burnup rates, reduced fuel cycle costs and improved thermal conductivity, thereby addressing key challenges in the global nuclear industry.
Since its inception, Lightbridge has conducted extensive research and development in collaboration with national laboratories, regulatory agencies and reactor operators.
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