Insider Buying: Liberty Global (NASDAQ:LILAK) Director Purchases $100,450.00 in Stock

Liberty Global PLC (NASDAQ:LILAKGet Free Report) Director Charles Bracken bought 4,900 shares of the firm’s stock in a transaction dated Tuesday, June 23rd. The stock was purchased at an average price of $20.50 per share, with a total value of $100,450.00. Following the completion of the purchase, the director directly owned 18,867 shares of the company’s stock, valued at approximately $386,773.50. This trade represents a 35.08% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Liberty Global Stock Up 5.5%

LILAK traded up $0.36 during trading hours on Thursday, reaching $6.91. 2,565,093 shares of the stock traded hands, compared to its average volume of 1,008,091. 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 $1.39 billion, a price-to-earnings ratio of -2.79 and a beta of 0.71. The company has a debt-to-equity ratio of 6.78, a current ratio of 1.14 and a quick ratio of 1.14. The firm’s fifty day simple moving average is $7.76 and its two-hundred day simple moving average is $7.88.

Liberty Global (NASDAQ:LILAKGet Free Report) last issued its quarterly earnings data on Thursday, May 7th. The company reported ($0.11) EPS for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.15). Liberty Global had a negative return on equity of 43.70% and a negative net margin of 11.20%.The firm had revenue of $1.08 billion during the quarter, compared to analyst estimates of $1.09 billion.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Hudson Bay Capital Management LP bought a new position in Liberty Global during the third quarter worth $2,110,000. Banco Santander S.A. raised its holdings in shares of Liberty Global by 899.7% during the third quarter. Banco Santander S.A. now owns 1,093,309 shares of the company’s stock worth $9,228,000 after purchasing an additional 983,944 shares during the period. Oaktree Capital Management LP lifted its position in shares of Liberty Global by 186.4% in the 3rd quarter. Oaktree Capital Management LP now owns 6,669,823 shares of the company’s stock worth $56,293,000 after buying an additional 4,341,307 shares during the last quarter. Fourth Sail Capital LP lifted its position in shares of Liberty Global by 22.6% in the 4th 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. Finally, Alta Fundamental Advisers LLC boosted its holdings in shares of Liberty Global by 10.8% in the 4th quarter. Alta Fundamental Advisers LLC now owns 2,053,559 shares of the company’s stock valued at $15,320,000 after buying an additional 200,000 shares during the period. 52.98% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. Wall Street Zen cut Liberty Global from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Weiss Ratings restated a “sell (d-)” rating on shares of Liberty Global in a research note on Tuesday, April 21st. One analyst has rated the stock with a Hold rating and one has given 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 $8.20.

Read Our Latest Stock Report on Liberty Global

Liberty Global Company Profile

(Get Free Report)

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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Insider Buying and Selling by Quarter for Liberty Global (NASDAQ:LILAK)

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