Liberty Broadband Corporation (LBRDA): $4.75 million was the positive money flow into the stock on Tuesday and the up/down ratio of ticks was also in favor of the bulls at 2.98. The value of trades done on upticks was $7.15 million, whereas, trades done on downticks were valued at $2.4 million. Money flows are calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades. large traders, also sometimes called as the smart money, block traded $4.1 million worth stocks on upticks, which is a bullish indication. The money flow in block trades was $4.1 million. Liberty Broadband Corporation (LBRDA) fell $0.09 traded at $67.5, a change of -0.13% over the previous day. The stock is 0.69% for the week.
Also, Equity Analysts at the Deutsche Bank maintains the rating on Liberty Broadband Corporation (NASDAQ:LBRDA). The brokerage firm has issued a Buy rating on the shares. The Analysts at the ratings agency raises the price target from $76 per share to $80 per share. The rating by the firm was issued on August 12, 2016.
In a related news, The officer (Chief Tax Officer), of Liberty Broadband Corp, Rosenthaler Albert E had unloaded 1,907 shares at $67.39 per share in a transaction on August 17, 2016. The total value of transaction was $128,513. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
Liberty Broadband Corporation holds ownership interests in Charter Communications, Inc. (Charter ) and TruePosition, Inc. (TruePosition), as well as a minority equity interest in Time Warner Cable Inc. (Time Warner Cable). Charter is a cable operator in the United States and provides advanced video, high-speed Internet, and telephone service to residential and business customers. TruePosition is a provider of mission-critical location based solutions enabling wireless carriers and government agencies to provide public safety E-9-1-1 services domestically and services in support of national security and law enforcement across the world. Time Warner Cable is a cable operator in the United States offering residential and commercial video, high-speed data and voice services over its broadband cable systems.