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

Lightbridge Co. (NASDAQ:LTBR) CFO Larry Goldman sold 20,863 shares of the business’s stock in a transaction dated Wednesday, January 22nd. The shares were sold at an average price of $7.00, for a total transaction 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

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

• On Monday, January 6th, Larry Goldman sold 3,707 shares of Lightbridge stock. The stock was sold at an average price of $7.03, for a total value of $26,060.21.

Lightbridge Price Performance

NASDAQ:LTBR opened at $8.03 on Friday. Lightbridge Co. has a 1 year low of $2.21 and a 1 year high of $14.20. The business has a fifty day moving average of $5.72 and a 200-day moving average of $4.66.

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

Institutional Investors Weigh In On Lightbridge

A number of institutional investors have recently added to or reduced their stakes in LTBR. Capital Market Strategies LLC bought a new stake in Lightbridge in the third quarter worth about $39,000. Verition Fund Management LLC bought a new stake in shares of Lightbridge in the 3rd quarter worth approximately $288,000. State Street Corp boosted its holdings in Lightbridge by 18.4% during the third 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 in the last quarter. XTX Topco Ltd bought a new stake in Lightbridge during the third quarter worth approximately $34,000. Finally, Virtu Financial LLC lifted its position in shares of Lightbridge by 118.8% during the 3rd quarter. Virtu Financial LLC now owns 27,905 shares of the energy company’s stock valued at $78,000 after acquiring an additional 15,150 shares during the last quarter. 9.14% of the stock is currently owned by institutional investors and hedge funds.

About Lightbridge

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.