Bank of Montreal Can Invests $118,000 in Lightbridge Co. (NASDAQ:LTBR)

Bank of Montreal Can purchased a new position in shares of Lightbridge Co. (NASDAQ:LTBR) during the fourth quarter, HoldingsChannel reports. The firm purchased 25,000 shares of the energy company’s stock, valued at approximately $118,000.

Several other large investors have also recently added to or reduced their stakes in LTBR. Evanson Asset Management LLC acquired a new position in Lightbridge during the 4th quarter worth approximately $47,000. Pilgrim Partners Asia Pte Ltd purchased a new position in Lightbridge in the fourth quarter worth $56,000. LPL Financial LLC acquired a new stake in Lightbridge in the fourth quarter valued at $63,000. Capital Market Strategies LLC boosted its position in shares of Lightbridge by 42.5% during the 4th quarter. Capital Market Strategies LLC now owns 19,950 shares of the energy company’s stock worth $94,000 after purchasing an additional 5,950 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC acquired a new position in shares of Lightbridge during the 4th quarter worth $105,000. 9.14% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, CFO Larry Goldman sold 18,303 shares of Lightbridge stock in a transaction on Wednesday, February 12th. The stock was sold at an average price of $14.09, for a total transaction of $257,889.27. Following the completion of the transaction, the chief financial officer now owns 150,900 shares of the company’s stock, valued at $2,126,181. The trade was a 10.82 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP Andrey Mushakov sold 30,000 shares of the business’s stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $14.58, for a total transaction of $437,400.00. Following the completion of the sale, the executive vice president now owns 159,893 shares in the company, valued at $2,331,239.94. This represents a 15.80 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 5.80% of the stock is currently owned by insiders.

Lightbridge Stock Up 2.0 %

Shares of LTBR opened at $9.03 on Friday. Lightbridge Co. has a 52-week low of $2.21 and a 52-week high of $16.90. The company has a 50-day simple moving average of $8.64 and a 200-day simple moving average of $7.57. The company has a market capitalization of $188.59 million, a PE ratio of -12.04 and a beta of 2.12.

Lightbridge (NASDAQ:LTBR) last issued its earnings results on Wednesday, February 26th. The energy company reported ($0.24) earnings per share (EPS) for the quarter.

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.