Andrey Mushakov Sells 45,070 Shares of Lightbridge Co. (NASDAQ:LTBR) Stock

Lightbridge Co. (NASDAQ:LTBR) EVP Andrey Mushakov sold 45,070 shares of the stock in a transaction that occurred on Thursday, January 23rd. The shares were sold at an average price of $8.97, for a total value of $404,277.90. Following the sale, the executive vice president now directly owns 189,893 shares of the company’s stock, valued at approximately $1,703,340.21. This trade represents a 19.18 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

Lightbridge Trading Down 21.0 %

NASDAQ:LTBR opened at $8.03 on Friday. The company has a fifty day moving average of $5.72 and a 200 day moving average of $4.66. Lightbridge Co. has a 52 week low of $2.21 and a 52 week high of $14.20.

Lightbridge (NASDAQ:LTBR) last issued its quarterly earnings data on Thursday, October 31st. The energy company reported ($0.19) EPS for the quarter.

Institutional Investors Weigh In On Lightbridge

A number of large investors have recently made changes to their positions in the business. XTX Topco Ltd bought a new position in shares of Lightbridge during the third quarter valued at approximately $34,000. Capital Market Strategies LLC purchased a new position in Lightbridge during the 3rd quarter valued at $39,000. Evanson Asset Management LLC bought a new position in Lightbridge in the 4th quarter worth $47,000. Virtu Financial LLC lifted its position in shares of 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 purchasing an additional 15,150 shares during the period. Finally, State Street Corp boosted its stake in shares of Lightbridge by 18.4% during 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 in the last quarter. 9.14% of the stock is currently owned by institutional investors.

Lightbridge Company Profile

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.