Liberty Global PLC (NASDAQ:LILAK – Get Free Report) Director John Malone purchased 22,477 shares of the business’s stock in a transaction that occurred on Tuesday, August 11th. The stock was bought at an average cost of $8.50 per share, for a total transaction of $191,054.50. Following the acquisition, the director owned 150,305 shares in the company, valued at approximately $1,277,592.50. The trade was a 17.58% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.
Liberty Global Price Performance
NASDAQ:LILAK opened at $8.49 on Friday. The firm has a market capitalization of $1.66 billion, a P/E ratio of -17.33 and a beta of 0.71. The business has a 50 day simple moving average of $7.50 and a 200 day simple moving average of $7.88. Liberty Global PLC has a 12-month low of $4.76 and a 12-month high of $9.13.
Liberty Global (NASDAQ:LILAK – Get Free Report) last issued its earnings results on Wednesday, August 5th. The company reported ($0.13) earnings per share for the quarter, missing the consensus estimate of $0.02 by ($0.15). The company had revenue of $1.10 billion during the quarter, compared to analyst estimates of $1.09 billion. Liberty Global had a negative return on equity of 8.50% and a negative net margin of 2.20%.
Institutional Trading of Liberty Global
Liberty Global News Roundup
Here are the key news stories impacting Liberty Global this week:
- Positive Sentiment: Director John C. Malone bought 28,219 shares at approximately $8.50 each on August 13, following a 22,477-share purchase on August 11. The transactions increased his direct holdings by 18.77% and 17.58%, respectively, signaling confidence in Liberty Global’s valuation and prospects. SEC insider buying filing
- Positive Sentiment: Citigroup raised its price target for LILAK from $8.00 to $9.00 while maintaining a “neutral” rating. The increase provides a modest valuation boost, although the unchanged rating suggests limited conviction in a stronger near-term rally. Benzinga analyst report
- Neutral Sentiment: Director Charles H. R. Bracken reportedly purchased 17,425 shares, increasing his position by 73.32%. However, the reported average price of $20.93 is substantially above the stock price cited in the other filings and may reflect a data or reporting anomaly. Investors should verify the underlying SEC filing before relying on this signal. SEC insider trading filing
- Negative Sentiment: Bracken also sold 42,975 shares at an average price of $8.57, worth approximately $368,296. This sale partially offsets the positive signal from Malone’s purchases, though it may have been for personal or transaction-related reasons rather than a change in outlook. SEC insider selling filing
- Negative Sentiment: Liberty Global’s latest quarterly results remain an overhang: the company reported a $0.13-per-share loss versus analysts’ expectation of $0.02 per share, despite revenue of $1.10 billion slightly exceeding the $1.09 billion consensus estimate. Negative net margin and return on equity also highlight continuing profitability concerns.
Analyst Ratings Changes
LILAK has been the topic of a number of analyst reports. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Liberty Global in a report on Friday, July 17th. Citigroup boosted their target price on shares of Liberty Global from $8.00 to $9.00 and gave the company a “neutral” rating in a research note on Thursday. Finally, Wall Street Zen cut shares of Liberty Global from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Two equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Liberty Global presently has a consensus rating of “Reduce” and an average price target of $8.60.
Read Our Latest Analysis on Liberty Global
Liberty Global Company Profile
Liberty Global plc is a leading international telecommunications and television company, offering video, broadband Internet, fixed-line and mobile services to residential and business customers. Headquartered in London and operating as an ADR on the NASDAQ under the ticker LILAK, the company focuses on developing advanced broadband networks and delivering entertainment and connectivity solutions across Europe.
The company’s core products include high-speed cable broadband, digital and interactive television, fixed-line telephony, and mobile services.
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