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Stocks: 4035 Shares in Liberty Broadband Corp. (LBRDK) Acquired by the GAM Holding AG

GAM Holding AG purchased a new stake in Liberty Broadband Corp. (NASDAQ:LBRDK) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 4,035 shares of the company’s stock, valued at approximately $288,000. Several other hedge funds and other institutional investors also recently added to or reduced their stakes in LBRDK. Bank of Montreal Can raised its position in shares of Liberty Broadband Corp. by 85.2% in the third quarter. Bank of Montreal Can now owns 1,459 shares of the company’s stock valued at $104,000 after buying an additional 671 shares in the last quarter. Strs Ohio acquired a new position in shares of Liberty Broadband Corp.

during the third quarter valued at about $118,000. Canada Pension Plan Investment Board acquired a new position in shares of Liberty Broadband Corp. during the second quarter valued at about $169,000. Metropolitan Life Insurance Co. NY raised its position in shares of Liberty Broadband Corp. by 58.0% in the second quarter. Metropolitan Life Insurance Co. NY now owns 3,055 shares of the company’s stock valued at $183,000 after buying an additional 1,121 shares in the last quarter. Finally, FTB Advisors Inc.

raised its position in shares of Liberty Broadband Corp. by 2,803.7% in the second quarter. FTB Advisors Inc. now owns 3,107 shares of the company’s stock valued at $185,000 after buying an additional 3,000 shares in the last quarter.

65.87% of the stock is owned by hedge funds and other institutional investors. Shares of Liberty Broadband Corp. (NASDAQ:LBRDK) traded down 0.20% on Friday, hitting $74.72. The stock had a trading volume of 144,447 shares. The company has a market cap of $13.58 billion, a price-to-earnings ratio of 11.80 and a beta of 1.41.

Liberty Broadband Corp. has a 12-month low of $41.30 and a 12-month high of $75.67. The stock has a 50 day moving average price of $71.24 and a 200-day moving average price of $67.12. Several research analysts recently issued reports on the company. TheStreet raised Liberty Broadband Corp. from a “hold” rating to a “buy” rating in a research report on Thursday, November 3rd. Zacks Investment Research lowered Liberty Broadband Corp.

from a “buy” rating to a “hold” rating in a report on Tuesday, November 15th. In other Liberty Broadband Corp. news, Director John C. Malone sold 89,993 shares of Liberty Broadband Corp. stock in a transaction dated Tuesday, November 22nd. The stock was sold at an average price of $70.38, for a total transaction of $6,333,707.34. Following the completion of the sale, the director now directly owns 4,002,935 shares of the company’s stock, valued at approximately $281,726,565.30.

The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director John C. Malone sold 25,119 shares of Liberty Broadband Corp. stock in a transaction dated Monday, November 21st. The stock was sold at an average price of $69.34, for a total value of $1,741,751.46. Following the sale, the director now directly owns 4,002,935 shares of the company’s stock, valued at $277,563,512.90. The disclosure for this sale can be found here.

10.80% of the stock is owned by corporate insiders.

About Liberty Broadband Corp. Liberty Broadband Corporation holds interests in Charter Communications, Inc (Charter), TruePosition, Inc (TruePosition) and Time Warner Cable, Inc (TWC). The Company’s segments include Trueposition, Charter, and Corporate and other.

The TruePosition segment includes the operations of TruePosition, a subsidiary of the Company that develops and markets technology for locating wireless phones and other wireless devices on a cellular network, enabling wireless carriers and government agencies to provide public safety E-9-1-1 services domestically and services in support of national security and law enforcement across the world.