LBRDA CEO Gregory Maffei sold 161,733 shares for $12.8M at avg $79.22; stock now $76.68, 23.5% below 52-week high.
Gregory Maffei, President/CEO of Liberty Broadband, executed 6 separate sales totaling 161,733 shares for $12,812,972.08 across December 18–19, 2024, at prices ranging from $77.33 to $80.91. This represents a 10.4% reduction in his holdings, bringing his post-transaction position to 1,398,523 shares. The shares traded near the upper end of recent price action, with the blended average price of $79.22 now 3.3% above the current market price of $76.68. The stock is trading 23.5% below its 52-week high of $100.25 and has declined 10.9% over the past 30 days, despite gaining 29.9% over the past 90 days. Company fundamentals show revenue of $262.0M with net income of $142.0M in the latest quarter and a P/E of 16.28. Notably, Maffei's three prior trades at Liberty Broadband (all on December 16–17) have outcomes not yet measurable, making it difficult to assess whether this represents a consistent pattern.