J David Wargo Sells 30,000 Shares of Liberty Global Ltd. (NASDAQ:LBTYA) Stock

Liberty Global Ltd. (NASDAQ:LBTYA) Director J David Wargo sold 30,000 shares of the firm’s stock in a transaction that occurred on Monday, April 15th. The shares were sold at an average price of $17.35, for a total value of $520,500.00. Following the completion of the transaction, the director now owns 159,632 shares in the company, valued at approximately $2,769,615.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Liberty Global Stock Performance

Liberty Global stock traded down $0.08 during mid-day trading on Wednesday, reaching $16.25. 1,907,630 shares of the company’s stock were exchanged, compared to its average volume of 1,535,173. The company has a quick ratio of 1.30, a current ratio of 1.30 and a debt-to-equity ratio of 0.79. The business’s fifty day simple moving average is $17.47 and its 200 day simple moving average is $17.19. Liberty Global Ltd. has a one year low of $15.01 and a one year high of $20.56. The firm has a market capitalization of $6.14 billion, a PE ratio of -1.74 and a beta of 1.18.

Liberty Global (NASDAQ:LBTYA) last released its earnings results on Thursday, February 15th. The company reported ($8.23) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.35) by ($7.88). Liberty Global had a negative return on equity of 19.26% and a negative net margin of 54.08%. The firm had revenue of $1.92 billion during the quarter, compared to analysts’ expectations of $1.88 billion. On average, sell-side analysts expect that Liberty Global Ltd. will post -0.61 earnings per share for the current year.

Analyst Upgrades and Downgrades

LBTYA has been the topic of a number of recent research reports. UBS Group dropped their target price on Liberty Global from $23.00 to $22.50 and set a “buy” rating on the stock in a report on Monday, February 26th. New Street Research restated a “neutral” rating on shares of Liberty Global in a report on Wednesday, February 28th. Citigroup upgraded Liberty Global from a “neutral” rating to a “buy” rating and raised their target price for the company from $20.00 to $24.00 in a report on Friday, February 9th. TheStreet upgraded Liberty Global from a “d+” rating to a “c-” rating in a report on Thursday, January 25th. Finally, Barclays lifted their price target on Liberty Global from $22.00 to $23.00 and gave the stock an “equal weight” rating in a report on Friday, January 12th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $26.36.

Institutional Trading of Liberty Global

A number of large investors have recently bought and sold shares of LBTYA. Captrust Financial Advisors grew its position in shares of Liberty Global by 40.0% in the second quarter. Captrust Financial Advisors now owns 1,821 shares of the company’s stock valued at $38,000 after purchasing an additional 520 shares in the last quarter. EverSource Wealth Advisors LLC grew its position in shares of Liberty Global by 148.1% in the third quarter. EverSource Wealth Advisors LLC now owns 2,273 shares of the company’s stock valued at $39,000 after purchasing an additional 1,357 shares in the last quarter. Franklin Resources Inc. grew its position in shares of Liberty Global by 67.4% in the fourth quarter. Franklin Resources Inc. now owns 2,699 shares of the company’s stock valued at $51,000 after purchasing an additional 1,087 shares in the last quarter. Blair William & Co. IL grew its position in shares of Liberty Global by 202.1% in the first quarter. Blair William & Co. IL now owns 3,018 shares of the company’s stock valued at $59,000 after purchasing an additional 2,019 shares in the last quarter. Finally, Rockefeller Capital Management L.P. purchased a new position in shares of Liberty Global in the second quarter valued at $64,000. 37.20% of the stock is owned by hedge funds and other institutional investors.

Liberty Global Company Profile

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.