Geode Capital Management LLC Has $462,000 Holdings in Lightbridge Co. (NASDAQ:LTBR)

Geode Capital Management LLC trimmed its holdings in Lightbridge Co. (NASDAQ:LTBRFree Report) by 1.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 164,916 shares of the energy company’s stock after selling 2,627 shares during the period. Geode Capital Management LLC owned about 1.05% of Lightbridge worth $462,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Verition Fund Management LLC bought a new stake in Lightbridge in the 3rd quarter valued at $288,000. Capital Market Strategies LLC acquired a new stake in shares of Lightbridge in the 3rd quarter valued at about $39,000. XTX Topco Ltd bought a new stake in shares of Lightbridge in the third quarter valued at about $34,000. Finally, State Street Corp boosted its position in shares of 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 during the period. 9.14% of the stock is currently owned by institutional investors.

Lightbridge Stock Performance

NASDAQ:LTBR opened at $5.98 on Monday. The stock has a 50-day simple moving average of $6.05 and a 200 day simple moving average of $4.49. Lightbridge Co. has a 52-week low of $2.21 and a 52-week high of $14.20. The company has a market cap of $94.29 million, a PE ratio of -7.97 and a beta of 2.19.

Insiders Place Their Bets

In other Lightbridge news, CFO Larry Goldman sold 3,707 shares of the business’s stock in a transaction dated Monday, January 6th. The shares were sold at an average price of $7.03, for a total transaction of $26,060.21. Following the sale, the chief financial officer now directly owns 197,737 shares of the company’s stock, valued at $1,390,091.11. The trade was a 1.84 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Insiders own 6.50% of the company’s stock.

Lightbridge Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Lightbridge (NASDAQ:LTBR)

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