Insiders Worth Watching: Reasons for Andrey Mushakov’s Share Acquisition of Lightbridge Corp (NASDAQ:LTBR)’s Stock

November 25, 2016 - By Peter Kolinski

Insiders Worth Watching: Reasons for Andrey Mushakov's Share Acquisition of Lightbridge Corp (NASDAQ:LTBR)'s Stock

Andrey Mushakov Insider Buy

Andrey Mushakov, the EVP – Intl Nuclear Operations of Lightbridge Corp made a sudden insider trade for 2,596 shares with an average share price of $1.3 in the public firm, that are having a value of $3,427 U.S. Dollars. He also purchased 2,000 shares worth $2,740 USD in the last month. Andrey Mushakov now owns 25,080 shares which make up about 0.45% of the Virginia-Company’s total market cap (Market Capitalization is a measurement of business value based on share price and number of shares outstanding).

Insitutional Activity: The institutional sentiment decreased to 0 in 2016 Q2. Its down 0.75, from 0.75 in 2016Q1. The ratio dropped, as 6 funds sold all Lightbridge Corp shares owned while 2 reduced positions. 3 funds bought stakes while 3 increased positions. They now own 558,009 shares or 23.73% less from 731,664 shares in 2016Q1.

Vanguard Grp Inc accumulated 197,866 shares or 0% of the stock. Wells Fargo & Mn accumulated 0% or 1,000 shares. Millennium Management Ltd Com last reported 49,436 shares in the company. Morgan Stanley holds 0% of its portfolio in Lightbridge Corp (NASDAQ:LTBR) for 18,858 shares. Savings Bank Of America Corp De has invested 0% of its portfolio in Lightbridge Corp (NASDAQ:LTBR). First Manhattan holds 10,679 shares or 0% of its portfolio. Deutsche State Bank Ag last reported 1 shares in the company. California Public Employees Retirement has 20,000 shares for 0% of their US portfolio. Blackrock Fund Advsr accumulated 0% or 4,891 shares. Glenmede Tru Company Na reported 333 shares or 0% of all its holdings. Blackrock Institutional Company Na last reported 28,805 shares in the company. Moreover, Goldman Sachs has 0% invested in Lightbridge Corp (NASDAQ:LTBR) for 80,699 shares. Da Davidson &, a Montana-based fund reported 13,000 shares. The Kansas-based Creative Planning has invested 0% in Lightbridge Corp (NASDAQ:LTBR). Northern Tru holds 0% or 20,185 shares in its portfolio.

Insider Transactions: Since November 21, 2016, the stock had 1 buying transaction, and 0 selling transactions for $2,740 net activity. Another trade for 2,000 shares valued at $2,740 was bought by MUSHAKOV ANDREY.

It is down 41.74% since April 22, 2016 and is downtrending. It has underperformed by 47.15% the S&P500.

Lightbridge Corporation is a nuclear fuel technology company. The company has a market cap of $7.54 million. The Firm participates in the nuclear power industry in the United States and internationally. It currently has negative earnings. The Company’s divisions include nuclear fuel technology business and nuclear energy consulting business.

According to Zacks Investment Research, “Lightbridge Corporation is a provider of nuclear energy consulting and strategic advisory services and a developer of nuclear fuel designs. The Company operates under two business segments: providing of nuclear energy consulting services and developing of nuclear fuel designs. Formerly Thorium Power Ltd., the company’s breakthrough fuel technology is establishing new global standards for safe and clean nuclear power and leading the way towards a sustainable energy future. Lightbridge consultants provide integrated strategic advice and expertise across a range of disciplines including regulatory affairs, nuclear reactor procurement and deployment, reactor and fuel technology and international relations. It leverages those broad and integrated capabilities by offering their services to commercial entities and governments with a need to establish or expand nuclear industry capabilities and infrastructure.”

Analysts await Lightbridge Corp (NASDAQ:LTBR) to report earnings on March, 21.

More important recent Lightbridge Corp (NASDAQ:LTBR) news were published by: Prnewswire.com which released: “Lightbridge Corporation wins Technology Research Award at CleanEquity® Monaco 2016” on March 10, 2016, also Streetinsider.com published article titled: “Form 8-K LIGHTBRIDGE Corp For: Nov 10”, Thestreet.com published: “One Factor Bringing Lightbridge (LTBR) Stock Up” on May 18, 2015. More interesting news about Lightbridge Corp (NASDAQ:LTBR) was released by: Quotes.Wsj.com and their article: “Lightbridge Corp. LTBR (US: Nasdaq)” with publication date: February 13, 2011.

LTBR Company Profile

Lightbridge Corporation, incorporated on February 2, 1999, is a nuclear fuel technology company. The Firm participates in the nuclear power industry in the United States and internationally. The Company’s divisions include nuclear fuel technology business and nuclear energy consulting business. The nuclear fuel technology business develops next generation nuclear fuel technology that increases the power output of commercial reactors; generates nuclear energy and the amount of nuclear waste on a per-megawatt-hour basis, and enhances reactor safety and the proliferation resistance of spent fuel. The nuclear energy consulting business segment provides nuclear power consulting and strategic advisory services to commercial and governmental entities across the world. The Company’s subsidiaries include Thorium Power, Inc. and Lightbridge International Holding, LLC.

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