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

Lightbridge Co. (NASDAQ:LTBR) EVP Andrey Mushakov sold 30,000 shares of the company’s stock in a transaction that occurred 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 sale, the executive vice president now directly owns 159,893 shares of the company’s stock, valued at approximately $2,331,239.94. This represents a 15.80 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

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

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

Lightbridge Trading Down 10.7 %

LTBR opened at $13.56 on Friday. Lightbridge Co. has a 1-year low of $2.21 and a 1-year high of $16.90. The company has a 50 day simple moving average of $6.96 and a two-hundred day simple moving average of $5.37.

Hedge Funds Weigh In On Lightbridge

Hedge funds have recently modified their holdings of the company. XTX Topco Ltd bought a new position in shares of Lightbridge in the third quarter worth approximately $34,000. NewEdge Advisors LLC bought a new position in shares of Lightbridge in the fourth quarter worth approximately $38,000. Evanson Asset Management LLC bought a new position in shares of Lightbridge in the fourth quarter worth approximately $47,000. Pilgrim Partners Asia Pte Ltd bought a new position in shares of Lightbridge in the fourth quarter worth approximately $56,000. Finally, LPL Financial LLC bought a new position in shares of Lightbridge in the fourth quarter worth approximately $63,000. 9.14% of the stock is currently owned by 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.