Liberty Global (NASDAQ:LILAK) Price Target Raised to $9.00

Liberty Global (NASDAQ:LILAK) had its price target boosted by Citigroup from $8.00 to $9.00 in a report published on Thursday,Benzinga reports. They currently have a neutral rating on the stock.

Several other research firms also recently commented on LILAK. Weiss Ratings reissued a “sell (d-)” rating on shares of Liberty Global in a report on Friday, July 17th. Wall Street Zen downgraded Liberty Global from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Two equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus target price of $8.60.

Liberty Global Trading Up 0.7%

Shares of Liberty Global stock opened at $8.49 on Thursday. 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 fifty day simple moving average of $7.50 and a two-hundred day simple moving average of $7.88. Liberty Global has a 12 month low of $4.76 and a 12 month high of $9.13.

Liberty Global (NASDAQ:LILAK) last released its earnings results on Wednesday, August 5th. The company reported ($0.13) earnings per share for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.15). Liberty Global had a negative return on equity of 8.50% and a negative net margin of 2.20%.The business had revenue of $1.10 billion during the quarter, compared to analysts’ expectations of $1.09 billion.

Insider Buying and Selling

In related news, Director John C. Malone purchased 12,406,463 shares of Liberty Global stock in a transaction on Friday, May 22nd. The stock was acquired at an average price of $8.63 per share, for a total transaction of $107,067,775.69. Following the completion of the transaction, the director directly owned 21,173,018 shares in the company, valued at $182,723,145.34. This represents a 141.52% increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Charles H. R. Bracken sold 42,975 shares of the company’s stock in a transaction dated Tuesday, August 11th. The stock was sold at an average price of $8.57, for a total value of $368,295.75. The SEC filing for this sale provides additional information. Insiders purchased a total of 15,085,381 shares of company stock valued at $124,788,013 in the last 90 days. 9.66% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in LILAK. AQR Capital Management LLC raised its stake in Liberty Global by 67.3% during the 1st quarter. AQR Capital Management LLC now owns 198,628 shares of the company’s stock worth $1,233,000 after acquiring an additional 79,917 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Liberty Global by 4.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 77,003 shares of the company’s stock worth $478,000 after purchasing an additional 3,234 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of Liberty Global by 10.8% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 367,176 shares of the company’s stock worth $2,280,000 after purchasing an additional 35,844 shares during the period. Jane Street Group LLC increased its stake in shares of Liberty Global by 316.4% in the first quarter. Jane Street Group LLC now owns 153,799 shares of the company’s stock worth $955,000 after purchasing an additional 116,861 shares in the last quarter. Finally, Legal & General Group Plc increased its stake in shares of Liberty Global by 1.6% in the second quarter. Legal & General Group Plc now owns 158,315 shares of the company’s stock worth $985,000 after purchasing an additional 2,533 shares in the last quarter. 52.98% of the stock is currently owned by institutional investors.

Trending Headlines about Liberty Global

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.

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.