Key Points
- CFO Charles Bracken sold 33,220 shares on December 8 at an average price of $11.18, for roughly $371,400, per an SEC Form 4 filing.
- Shares were up about 3.5% and trade near $11, with a 52‑week range of $9.21–$13.98, a market cap of ~$3.73B, a negative PE and a -41.4% net margin, though the company beat EPS expectations for the most recent quarter (‑$0.27 vs. ‑$0.43).
- Institutional investors own roughly 46% of the stock and several funds have recently increased stakes, but analyst consensus remains a Sell, with some shops upgrading to Hold.
Liberty Global Ltd (NASDAQ:LBTYK - Get Free Report) CFO Charles Bracken sold 33,220 shares of the firm's stock in a transaction that occurred on Monday, December 8th. The stock was sold at an average price of $11.18, for a total value of $371,399.60. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.
Liberty Global Stock Up 3.5%
Shares of NASDAQ LBTYK opened at $11.09 on Thursday. Liberty Global Ltd has a 52-week low of $9.21 and a 52-week high of $13.98. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.96 and a current ratio of 0.96. The business has a fifty day moving average of $11.13 and a two-hundred day moving average of $10.96. The stock has a market cap of $3.73 billion, a PE ratio of -1.82 and a beta of 1.01.
Liberty Global (NASDAQ:LBTYK - Get Free Report) last announced its earnings results on Thursday, October 30th. The company reported ($0.27) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.43) by $0.16. The business had revenue of $1.21 billion during the quarter, compared to analysts' expectations of $1.23 billion. Liberty Global had a negative net margin of 41.44% and a negative return on equity of 14.71%.
Institutional Trading of Liberty Global
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in LBTYK. Verition Fund Management LLC grew its position in shares of Liberty Global by 1,622.6% during the 3rd quarter. Verition Fund Management LLC now owns 257,163 shares of the company's stock worth $3,022,000 after buying an additional 242,234 shares during the period. Sherbrooke Park Advisers LLC acquired a new stake in Liberty Global during the 3rd quarter worth $236,000. Northwestern Mutual Wealth Management Co. bought a new stake in shares of Liberty Global during the 3rd quarter valued at $423,000. Mariner LLC raised its position in shares of Liberty Global by 1.1% during the 3rd quarter. Mariner LLC now owns 586,661 shares of the company's stock valued at $6,893,000 after acquiring an additional 6,324 shares during the last quarter. Finally, Luxor Capital Group LP lifted its stake in shares of Liberty Global by 32.5% in the 3rd quarter. Luxor Capital Group LP now owns 705,916 shares of the company's stock valued at $8,295,000 after purchasing an additional 173,200 shares during the period. 46.10% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
A number of equities research analysts recently commented on LBTYK shares. Wall Street Zen upgraded Liberty Global from a "sell" rating to a "hold" rating in a research report on Friday, November 28th. Weiss Ratings restated a "sell (e+)" rating on shares of Liberty Global in a report on Monday, December 1st. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has a consensus rating of "Sell".
Check Out Our Latest Analysis on LBTYK
About Liberty Global
(
Get Free Report)
Liberty Global Ltd., together with its subsidiaries, provides broadband internet, video, fixed-line telephony, and mobile communications services to residential and business customers. It offers value-added broadband services, such as WiFi features, security, anti-virus, firewall, spam protection, smart home services, online storage solutions, and web spaces; and Connect Box that delivers in-home Wi-Fi service.
Further Reading
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