GCI Liberty, Inc. - Series A GCI Group (NASDAQ:GLIBA - Get Free Report) Director John Malone bought 1,000 shares of the stock in a transaction dated Thursday, August 13th. The stock was purchased at an average price of $26.00 per share, with a total value of $26,000.00. Following the acquisition, the director directly owned 2,559,752 shares in the company, valued at approximately $66,553,552. The trade was a 0.04% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.
GCI Liberty, Inc. - Series A GCI Group Stock Performance
Shares of NASDAQ:GLIBA opened at $26.14 on Tuesday. The company has a market capitalization of $750.22 million and a price-to-earnings ratio of -2.32. GCI Liberty, Inc. - Series A GCI Group has a 12 month low of $19.61 and a 12 month high of $41.87. The firm's 50-day moving average is $22.78 and its 200 day moving average is $30.12. The company has a current ratio of 3.37, a quick ratio of 3.37 and a debt-to-equity ratio of 0.73.
GCI Liberty, Inc. - Series A GCI Group (NASDAQ:GLIBA - Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The company reported $0.40 earnings per share for the quarter, missing analysts' consensus estimates of $1.15 by ($0.75). The firm had revenue of $261.00 million during the quarter. GCI Liberty, Inc. - Series A GCI Group had a positive return on equity of 11.56% and a negative net margin of 32.53%. Research analysts predict that GCI Liberty, Inc. - Series A GCI Group will post 2.58 EPS for the current year.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in the stock. Rhumbline Advisers bought a new stake in GCI Liberty, Inc. - Series A GCI Group during the 3rd quarter valued at about $122,000. JPMorgan Chase & Co. bought a new position in GCI Liberty, Inc. - Series A GCI Group in the 3rd quarter worth about $33,000. Vanguard Group Inc. bought a new position in GCI Liberty, Inc. - Series A GCI Group in the 3rd quarter worth about $11,733,000. US Bancorp DE purchased a new position in shares of GCI Liberty, Inc. - Series A GCI Group during the third quarter worth approximately $27,000. Finally, Quantbot Technologies LP purchased a new position in shares of GCI Liberty, Inc. - Series A GCI Group during the third quarter worth approximately $43,000.
Wall Street Analysts Forecast Growth
Separately, Zacks Research lowered GCI Liberty, Inc. - Series A GCI Group from a "hold" rating to a "strong sell" rating in a research note on Tuesday, August 11th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has an average rating of "Sell".
Get Our Latest Stock Analysis on GLIBA
GCI Liberty, Inc. - Series A GCI Group Company Profile
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GCI Liberty, Inc, together with its subsidiaries, provides various communication services in the United States. The company offers data, wireless, video, voice, and managed services to residential customers, businesses, governmental entities, and educational and medical institutions primarily in Alaska under the GCI brand. It also operates a digital invitation platform that provides custom display advertising, native advertising content, custom video, and brand partnership services. The company is based in Englewood, Colorado.
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