Liberty Global (NASDAQ:LBTYK) EVP Enrique Rodriguez Purchases 211,313 Shares of Company Stock

Liberty Global Ltd (NASDAQ:LBTYK) EVP Enrique Rodriguez acquired 211,313 shares of the business’s stock in a transaction dated Wednesday, November 4th. The shares were bought at an average cost of $9.45 per share, for a total transaction of $1,996,907.85. Following the transaction, the executive vice president directly owned 602,378 shares in the company, valued at approximately $5,692,472.10. This represents a 54.04% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Liberty Global Stock Up 1.1%

Shares of LBTYK traded up $0.10 during trading hours on Thursday, hitting $9.45. The stock had a trading volume of 938,469 shares, compared to its average volume of 1,457,686. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.28 and a quick ratio of 1.28. The firm has a 50 day simple moving average of $9.07 and a 200-day simple moving average of $10.71. The firm has a market capitalization of $3.22 billion, a P/E ratio of -1.28 and a beta of 1.00. Liberty Global Ltd has a 1-year low of $7.32 and a 1-year high of $13.12.

Liberty Global (NASDAQ:LBTYK) last posted its quarterly earnings results on Tuesday, November 3rd. The company reported $1.32 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.32) by $1.64. The business had revenue of $1.92 billion for the quarter, compared to the consensus estimate of $1.71 billion. Liberty Global had a negative return on equity of 25.59% and a negative net margin of 44.40%.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on LBTYK shares. Weiss Ratings raised Liberty Global from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Friday, October 16th. Wall Street Zen downgraded shares of Liberty Global from a “hold” rating to a “sell” rating in a research report on Saturday, August 8th. One investment analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the company currently has an average rating of “Sell”.

Institutional Trading of Liberty Global

Institutional investors and hedge funds have recently modified their holdings of the business. Financiere des Professionnels Fonds d investissement inc. bought a new stake in Liberty Global during the first quarter worth $42,000. Sterling Capital Management LLC bought a new position in Liberty Global in the 3rd quarter valued at $33,000. AlphaCore Capital LLC bought a new position in Liberty Global in the 3rd quarter valued at $37,000. Allworth Financial LP increased its position in shares of Liberty Global by 52.1% during the 2nd quarter. Allworth Financial LP now owns 4,407 shares of the company’s stock valued at $48,000 after purchasing an additional 1,509 shares during the last quarter. Finally, Versant Capital Management Inc increased its position in shares of Liberty Global by 90.2% during the 2nd quarter. Versant Capital Management Inc now owns 4,834 shares of the company’s stock valued at $53,000 after purchasing an additional 2,292 shares during the last quarter. 46.10% of the stock is owned by hedge funds and other institutional investors.

About Liberty Global

Liberty Global plc is an international telecommunications and media company that provides broadband, mobile, television and fixed-line communications services. Through its operating businesses and strategic investments, the company serves residential customers, businesses and public-sector organizations with connectivity, entertainment and communications solutions.

Liberty Global’s principal operating interests include Virgin Media O2, its joint venture with Telefónica in the United Kingdom; Sunrise in Switzerland; and Telenet in Belgium.