Liberty Global (NASDAQ:LILAK) Director Angoitia Alfonso De Purchases 313,104 Shares

Liberty Global PLC (NASDAQ:LILAK) Director Angoitia Alfonso De acquired 313,104 shares of the firm’s stock in a transaction dated Wednesday, September 2nd. The shares were acquired at an average price of $20.95 per share, with a total value of $6,559,528.80. Following the acquisition, the director owned 476,190 shares in the company, valued at approximately $9,976,180.50. The trade was a 191.99% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this link.

Angoitia Alfonso De also recently made the following trade(s):

• On Tuesday, September 1st, Angoitia Alfonso De bought 17,596 shares of Liberty Global stock. The shares were acquired at an average cost of $20.65 per share, for a total transaction of $363,357.40.
• On Monday, August 31st, Angoitia Alfonso De purchased 145,490 shares of Liberty Global stock. The stock was acquired at an average price of $21.00 per share, with a total value of $3,055,290.00.

Liberty Global Stock Performance

Shares of NASDAQ LILAK opened at $8.45 on Friday. Liberty Global PLC has a fifty-two week low of $4.76 and a fifty-two week high of $9.13. The company has a market cap of $1.66 billion, a PE ratio of -17.24 and a beta of 0.71. The business has a 50-day simple moving average of $8.00 and a two-hundred day simple moving average of $7.94.

Liberty Global (NASDAQ:LILAK) last announced its quarterly earnings data on Wednesday, August 5th. The company reported ($0.13) EPS 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 analysts’ expectations of $1.09 billion. Liberty Global had a negative net margin of 2.20% and a negative return on equity of 8.50%.

Institutional Trading of Liberty Global

Hedge funds and other institutional investors have recently made changes to their positions in the business. Rubric Capital Management LP lifted its position in Liberty Global by 44.5% during the first quarter. Rubric Capital Management LP now owns 15,395,430 shares of the company’s stock valued at $135,788,000 after purchasing an additional 4,738,495 shares during the period. Dimensional Fund Advisors LP lifted its holdings in shares of Liberty Global by 1.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 9,687,133 shares of the company’s stock valued at $85,439,000 after buying an additional 129,952 shares during the period. Fourth Sail Capital LP boosted its stake in shares of Liberty Global by 22.6% in the fourth quarter. Fourth Sail Capital LP now owns 2,895,728 shares of the company’s stock worth $21,602,000 after buying an additional 533,221 shares during the last quarter. Alta Fundamental Advisers LLC grew its holdings in Liberty Global by 10.8% during the fourth quarter. Alta Fundamental Advisers LLC now owns 2,053,559 shares of the company’s stock worth $15,320,000 after acquiring an additional 200,000 shares during the period. Finally, Bridgeway Capital Management LLC raised its position in Liberty Global by 0.4% during the fourth quarter. Bridgeway Capital Management LLC now owns 1,268,542 shares of the company’s stock valued at $9,463,000 after acquiring an additional 4,870 shares in the last quarter. Institutional investors and hedge funds own 52.98% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on LILAK shares. Weiss Ratings reissued a “sell (d-)” rating on shares of Liberty Global in a report on Friday, July 17th. Citigroup raised their target price on Liberty Global from $8.00 to $9.00 and gave the stock a “neutral” rating in a research note on Thursday, August 13th. UBS Group initiated coverage on Liberty Global in a research note on Thursday. They set a “neutral” rating and a $9.00 price target on the stock. Finally, Wall Street Zen cut Liberty Global from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Two analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Reduce” and a consensus price target of $9.00.

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.