Wed Jul 26 2017 22:15 ET
One insider — John C Malone, 10% Owner and Director — today, disposed of 45,000 shares of Liberty Broadband having a market value of approximately $4,054,230, as indicated in a form 4 document filed with the SEC. There was one insider buy/sell transaction in the past 90 days prior to this transaction which resulted in the sale of 68,700 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 113,700 shares and have averaged 56,850 shares per transaction over this time period.
The number of insider buy/sell trades at Liberty Broadband is higher than that of the 15 peer company average over the last 90-day period. The Cable Service Providers peer group saw 12 buy/sell trades during this period for an average of 0.8 transactions per company. However, the number of shares traded per transaction by Liberty Broadband insiders is lower than its peers. Within the peer group there were 0 shares purchased and 1,390,679 shares sold with company insiders having sold 115,890 shares on average over this time period.
To bring into focus significant insider buying and selling activity, all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers has been eliminated in data used to create and write this story.
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