Liberty Broadband Corp Implements A Sell Strategy: Offloads $100.00M In Charter Communications Stock

benzinga_article
2026.01.15 15:01
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Liberty Broadband Corp has sold $100 million worth of Charter Communications stock, as reported in a recent SEC filing. The sale involved 484,708 shares, with Charter's stock currently trading at $201.76, down 0.29%. Charter Communications, the second-largest U.S. cable company, has faced revenue challenges, showing a decline of 0.89% in the last three months. Despite a strong EPS of 8.5, concerns about its high debt-to-equity ratio of 6.33 and low gross margin of 40.67% persist. Insider transactions should be considered carefully by investors.