Key Points
- Director Jesse Funches sold 1,449 Lightbridge shares on Jan. 9 at an average of $16.96 (totaling $24,575), leaving him with 74,022 shares—about a 1.92% reduction in his position.
- Lightbridge trades near $16.50 (1‑year range $5.01–$31.33) with a $538.4M market cap and reported negative EPS (‑$0.16); analysts have a consensus Sell rating (Weiss Ratings reissued a "sell (d-)").
Lightbridge Corporation (NASDAQ:LTBR - Get Free Report) Director Jesse Funches sold 1,449 shares of the business's stock in a transaction that occurred on Friday, January 9th. The shares were sold at an average price of $16.96, for a total transaction of $24,575.04. Following the completion of the transaction, the director directly owned 74,022 shares of the company's stock, valued at approximately $1,255,413.12. This represents a 1.92% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
Lightbridge Stock Performance
Shares of LTBR opened at $16.51 on Friday. Lightbridge Corporation has a 1 year low of $5.01 and a 1 year high of $31.33. The company's 50 day simple moving average is $16.25 and its 200 day simple moving average is $16.86. The company has a market capitalization of $538.39 million, a price-to-earnings ratio of -20.64 and a beta of 1.84.
Lightbridge (NASDAQ:LTBR - Get Free Report) last released its earnings results on Wednesday, November 5th. The energy company reported ($0.16) EPS for the quarter.
Analysts Set New Price Targets
Separately, Weiss Ratings reissued a "sell (d-)" rating on shares of Lightbridge in a research note on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has a consensus rating of "Sell".
Check Out Our Latest Stock Analysis on LTBR
Hedge Funds Weigh In On Lightbridge
A number of hedge funds have recently made changes to their positions in the stock. Ameritas Investment Partners Inc. purchased a new stake in shares of Lightbridge during the 2nd quarter valued at $26,000. Legal & General Group Plc acquired a new position in Lightbridge in the second quarter valued at $28,000. Advisory Services Network LLC acquired a new position in Lightbridge in the third quarter valued at $50,000. Russell Investments Group Ltd. purchased a new stake in Lightbridge during the third quarter valued at about $53,000. Finally, SBI Securities Co. Ltd. increased its stake in Lightbridge by 60.0% during the second quarter. SBI Securities Co. Ltd. now owns 3,071 shares of the energy company's stock worth $41,000 after acquiring an additional 1,152 shares during the last quarter. Institutional investors and hedge funds own 9.14% of the company's stock.
Lightbridge Company Profile
(
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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