GCI Liberty, Inc. - Series C GCI Group (NASDAQ:GLIBK) Director Purchases $511,650.00 in Stock

Key Points

  • Director Jedd Gould bought 15,000 shares on Nov. 17 at an average price of $34.11 for a total of $511,650, bringing his holdings to 15,051 shares — a reported 29,411.76% increase in ownership.
  • The stock opened at $34.08, trades in a 1-year range of $29.00–$39.14, has a market cap of about $978.1M and a low reported P/E of 5.98.
  • GCI Liberty reported a quarterly loss of $(13.34) EPS, while Weiss Ratings reiterated a "Buy (B-)" and MarketBeat shows an average analyst rating of "Buy"; several hedge funds also initiated new stakes in the third quarter.

GCI Liberty, Inc. - Series C GCI Group (NASDAQ:GLIBK - Get Free Report) Director Jedd Gould acquired 15,000 shares of the company's stock in a transaction dated Monday, November 17th. The shares were bought at an average cost of $34.11 per share, with a total value of $511,650.00. Following the purchase, the director owned 15,051 shares in the company, valued at approximately $513,389.61. The trade was a 29,411.76% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

GCI Liberty, Inc. - Series C GCI Group Stock Performance

GLIBK opened at $34.08 on Wednesday. GCI Liberty, Inc. - Series C GCI Group has a 1 year low of $29.00 and a 1 year high of $39.14. The business has a 50 day moving average of $35.83. The firm has a market capitalization of $978.10 million and a PE ratio of 5.98. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.34 and a quick ratio of 1.34.

GCI Liberty, Inc. - Series C GCI Group (NASDAQ:GLIBK - Get Free Report) last posted its quarterly earnings results on Wednesday, November 5th. The company reported ($13.34) earnings per share for the quarter.

Wall Street Analysts Forecast Growth




Separately, Weiss Ratings reiterated a "buy (b-)" rating on shares of GCI Liberty, Inc. - Series C GCI Group in a report on Thursday, November 13th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock has an average rating of "Buy".

Get Our Latest Stock Analysis on GCI Liberty, Inc. - Series C GCI Group

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Machina Capital S.A.S. acquired a new stake in GCI Liberty, Inc. - Series C GCI Group in the 3rd quarter valued at $923,000. Annis Gardner Whiting Capital Advisors LLC acquired a new position in shares of GCI Liberty, Inc. - Series C GCI Group during the third quarter worth about $79,000. Whittier Trust Co. purchased a new stake in shares of GCI Liberty, Inc. - Series C GCI Group in the third quarter worth about $64,000. Cheviot Value Management LLC acquired a new stake in shares of GCI Liberty, Inc. - Series C GCI Group in the third quarter valued at about $949,000. Finally, LB Partners LLC purchased a new stake in shares of GCI Liberty, Inc. - Series C GCI Group during the 3rd quarter valued at about $284,000.

About GCI Liberty, Inc. - Series C GCI Group

(Get Free Report)

GCI Liberty Inc consists of its wholly owned subsidiary GCI. The company is communications provider, providing data, voice and managed services to consumer and business customers throughout Alaska. GCI Liberty Inc is based in ENGLEWOOD, Colo.

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