Lightbridge Co. (NASDAQ:LTBR) EVP Sells $404,277.90 in Stock

Lightbridge Co. (NASDAQ:LTBR) EVP Andrey Mushakov sold 45,070 shares of the business’s stock in a transaction dated Thursday, January 23rd. The stock was sold at an average price of $8.97, for a total value of $404,277.90. Following the sale, the executive vice president now owns 189,893 shares in the company, valued at $1,703,340.21. The trade was a 19.18 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Lightbridge Trading Down 21.0 %

NASDAQ:LTBR opened at $8.03 on Monday. The company’s 50 day moving average is $5.72 and its two-hundred day moving average is $4.68. The company has a market cap of $126.63 million, a PE ratio of -10.71 and a beta of 2.19. Lightbridge Co. has a twelve month low of $2.21 and a twelve month high of $14.20.

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

Institutional Trading of Lightbridge

Several institutional investors and hedge funds have recently bought and sold shares of LTBR. Capital Market Strategies LLC purchased a new stake in Lightbridge in the 3rd quarter worth approximately $39,000. Verition Fund Management LLC purchased a new position in Lightbridge during the third quarter worth approximately $288,000. State Street Corp increased its position in shares of Lightbridge by 18.4% in the third quarter. State Street Corp now owns 38,579 shares of the energy company’s stock valued at $108,000 after buying an additional 6,000 shares in the last quarter. XTX Topco Ltd purchased a new position in shares of Lightbridge during the 3rd quarter valued at approximately $34,000. Finally, Virtu Financial LLC increased its holdings 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 acquiring an additional 15,150 shares in 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.