Andrey Mushakov Sells 30,000 Shares of Lightbridge Co. (NASDAQ:LTBR) Stock

Lightbridge Co. (NASDAQ:LTBR) EVP Andrey Mushakov sold 30,000 shares of the company’s stock in a transaction on Wednesday, February 12th. The shares were 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 directly owns 159,893 shares in the company, valued at $2,331,239.94. This trade represents a 15.80 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Andrey Mushakov also recently made the following trade(s):

• On Thursday, January 23rd, Andrey Mushakov sold 45,070 shares of Lightbridge stock. The shares were sold at an average price of $8.97, for a total transaction of $404,277.90.

Lightbridge Price Performance

LTBR stock opened at $13.56 on Friday. The firm’s fifty day simple moving average is $6.96 and its 200-day simple moving average is $5.39. The company has a market capitalization of $213.84 million, a P/E ratio of -18.08 and a beta of 2.26. Lightbridge Co. has a 12 month low of $2.21 and a 12 month high of $16.90.

Institutional Trading of Lightbridge

Several large investors have recently made changes to their positions in LTBR. Capital Market Strategies LLC lifted its stake in shares of Lightbridge by 42.5% in the 4th quarter. Capital Market Strategies LLC now owns 19,950 shares of the energy company’s stock valued at $94,000 after purchasing an additional 5,950 shares during the period. State Street Corp lifted its stake in shares of Lightbridge by 18.4% in the 3rd quarter. State Street Corp now owns 38,579 shares of the energy company’s stock valued at $108,000 after purchasing an additional 6,000 shares during the period. Geode Capital Management LLC lifted its stake in shares of Lightbridge by 4.1% in the 4th quarter. Geode Capital Management LLC now owns 171,746 shares of the energy company’s stock valued at $813,000 after purchasing an additional 6,830 shares during the period. NewEdge Advisors LLC acquired a new position in shares of Lightbridge in the 4th quarter valued at $38,000. Finally, Evanson Asset Management LLC acquired a new position in shares of Lightbridge in the 4th quarter valued at $47,000. 9.14% of the stock is owned by hedge funds and other institutional investors.

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.