See Who Just Picked Up Lightbridge Corp. (NASDAQ:LTBR) Shares

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In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Lightbridge Corp. (NASDAQ:LTBR) reported that General International Holdings, Inc. has picked up 1,049,353 of common stock as of 2017-04-21.

The acquisition brings the aggregate amount owned by General International Holdings, Inc. to a total of 1,049,353 representing less than 9.8% stake in the company.

For those not familiar with the company, Lightbridge Corporation is a nuclear fuel technology company. The Company participates in the nuclear power industry in the United States and internationally. Its segments 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. It provides integrated strategic advice across a range of areas, including, regulatory development, nuclear reactor site selection, procurement and deployment, reactor and fuel technology, international relations, program management and infrastructure development.

A glance at Lightbridge Corp. (NASDAQ:LTBR)’s key stats reveals a current market capitalization of 12.50 Million based on 9.62 Million shares outstanding and a price at last close of $1.26 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2016-11-28 Grae picked up 2,980 at a purchase price of $1.35. This brings their total holding to 72,815 as of the date of the filing.

On the sell side, the most recent transaction saw Awm unload 100,000 shares at a sale price of $1.64. This brings their total holding to 1,099,954.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Lightbridge Corp. (NASDAQ:LTBR) as things move forward to see if its progress aligns with these transactions.

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