Readystate Asset Management LP Has $24.80 Million Stake in Liberty Broadband Corporation $LBRDK

Posted by Brenda Bartman on Sep 7th, 2026

Readystate Asset Management LP increased its position in Liberty Broadband Corporation (NASDAQ:LBRDK – Free Report) by 108.4% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 745,744 shares of the company’s stock after purchasing an additional 387,839 shares during the period. Liberty Broadband makes up 0.8% of Readystate Asset Management LP’s investment portfolio, making the stock its 27th largest holding. Readystate Asset Management LP’s holdings in Liberty Broadband were worth $24,803,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the business. HBK Investments L P raised its holdings in Liberty Broadband by 4.1% during the fourth quarter. HBK Investments L P now owns 5,908,691 shares of the company’s stock worth $287,162,000 after buying an additional 233,691 shares during the last quarter. Norges Bank acquired a new position in shares of Liberty Broadband during the fourth quarter valued at about $180,881,000. Millennium Management LLC grew its holdings in shares of Liberty Broadband by 23.7% during the fourth quarter. Millennium Management LLC now owns 2,533,736 shares of the company’s stock valued at $123,140,000 after buying an additional 485,301 shares during the last quarter. Assenagon Asset Management S.A. increased its position in shares of Liberty Broadband by 8.5% during the second quarter. Assenagon Asset Management S.A. now owns 2,416,591 shares of the company’s stock worth $80,376,000 after acquiring an additional 189,394 shares in the last quarter. Finally, Geode Capital Management LLC increased its position in shares of Liberty Broadband by 1.2% during the fourth quarter. Geode Capital Management LLC now owns 2,241,626 shares of the company’s stock worth $108,966,000 after acquiring an additional 25,624 shares in the last quarter. Institutional investors and hedge funds own 80.22% of the company’s stock.

Liberty Broadband Price Performance

Shares of NASDAQ:LBRDK opened at $36.02 on Monday. The company has a current ratio of 0.09, a quick ratio of 0.09 and a debt-to-equity ratio of 0.10. The stock has a market cap of $5.17 billion, a PE ratio of -5.15 and a beta of 0.64. The stock’s fifty day simple moving average is $33.77 and its two-hundred day simple moving average is $40.07. Liberty Broadband Corporation has a 1-year low of $26.25 and a 1-year high of $65.72.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on LBRDK shares. Weiss Ratings lowered shares of Liberty Broadband from a “sell (d)” rating to a “sell (d-)” rating in a report on Monday, August 3rd. Wall Street Zen lowered Liberty Broadband from a “sell” rating to a “strong sell” rating in a report on Saturday, August 1st. Finally, Citigroup decreased their price objective on Liberty Broadband from $54.00 to $42.00 and set a “buy” rating for the company in a report on Friday, August 14th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $42.00.

Check Out Our Latest Analysis on Liberty Broadband

Liberty Broadband Profile

(Free Report)

Liberty Broadband Corporation is a publicly traded holding company that principally invests in broadband and cable businesses. Established in 2014 as a spin-off from Liberty Interactive Corporation, the company was designed to provide investors with targeted exposure to high-growth broadband assets. Headquartered in Englewood, Colorado, Liberty Broadband uses a tracking-stock structure to reflect the performance of its key investments rather than operating a stand-alone service business.

The company’s primary asset is its substantial equity interest in Charter Communications, one of the largest cable and broadband providers in the United States.