Eagle Capital Management 13F: Adds $11M to LBRDK Stake

Eagle Capital Management has increased its holdings in LBRDK, according to its latest filing with the SEC. As of the reporting period, the fund added 343,854 shares, lifting its total stake by 5.4% to 6,699,546 shares. The value of this position is approximately $218.5 million.

What Changed in Eagle Capital Management's LBRDK Position

Eagle Capital Management's decision to boost its LBRDK stake reflects a significant increase. Previously holding 6,355,692 shares, the fund now holds 6,699,546 shares, marking a rise of 343,854 shares or 5.4%. This increased position is valued at about $218.5 million.

Other Institutional Activity in LBRDK

Several other major funds also made moves with their LBRDK positions. BlackRock, Inc. added 152,535 shares, bringing its total to 5,464,969 shares worth about $274.9 million. First Pacific Advisors, LP grew its holdings by 1,973,262 shares, ending with 4,642,610 shares valued at approximately $233.5 million. Meanwhile, HBK Investments L.P. reduced its position by 1,619,677 shares, leaving it with 4,289,014 shares valued at $215.7 million.

LBRDK Stock Snapshot

LBRDK shares were recently trading around $32.62. The company's market cap stands at approximately $336.99 million. The stock's trading range over the last 52 weeks has not been specified in this data.

Insider Buying and Selling at Liberty Broadband Corporation

David Wargo, a notable insider, has been actively selling shares of LBRDK. On February 18, 2026, he sold 18,000 shares at an average price of $55.54 and an additional 7,000 shares at $55.37. Earlier, on February 10, 2026, Wargo sold 33,760 shares at $57.36 and another 12,922 shares at $57.18. These transactions were not part of a pre-planned trading program.

Analysts Set New Price Targets

Analysts have shown varied opinions on LBRDK. On July 19, 2024, Morgan Stanley maintained its 'hold' rating with no specified price target. Citi, on several occasions, reiterated a 'buy' rating, with targets ranging from $67 to $108. Pivotal Research also reiterated a 'buy' rating, setting a high target of $128 on November 6, 2023.

About LBRDK

LBRDK operates in the [sector/industry], focusing on [brief description of operations]. It is headquartered in [location], under the leadership of [CEO]. The company employs [number of employees] people, serving a broad market with its [products/services].

Bottom Line

Eagle Capital Management's increased stake in LBRDK signals a notable interest in the company's prospects. While the filing reflects past positions, investors often watch such moves for potential insights into fund strategies. However, it's important to note that 13F filings are backward-looking and may not represent the investor's current position.