John Malone Purchases 17,693 Shares of Liberty Global (NASDAQ:LILAK) Stock

Liberty Global PLC (NASDAQ:LILAKGet Free Report) Director John Malone acquired 17,693 shares of the firm’s stock in a transaction on Friday, June 26th. The shares were bought at an average cost of $7.00 per share, for a total transaction of $123,851.00. Following the completion of the acquisition, the director directly owned 3,725,813 shares of the company’s stock, valued at approximately $26,080,691. This represents a 0.48% 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 Price Performance

Shares of LILAK stock traded up $0.56 during trading hours on Monday, hitting $7.63. The company had a trading volume of 2,347,174 shares, compared to its average volume of 1,049,591. Liberty Global PLC has a 12 month low of $4.76 and a 12 month high of $9.13. The company has a debt-to-equity ratio of 6.78, a quick ratio of 1.14 and a current ratio of 1.14. The firm’s fifty day moving average is $7.70 and its 200 day moving average is $7.86. The firm has a market capitalization of $1.54 billion, a price-to-earnings ratio of -3.08 and a beta of 0.71.

Liberty Global (NASDAQ:LILAKGet Free Report) last posted its earnings results on Thursday, May 7th. The company reported ($0.11) EPS for the quarter, missing the consensus estimate 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 company had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $1.09 billion.

Institutional Trading of Liberty Global

Several large investors have recently made changes to their positions in the business. AQR Capital Management LLC raised its holdings in shares of Liberty Global by 67.3% in the first quarter. AQR Capital Management LLC now owns 198,628 shares of the company’s stock valued at $1,233,000 after buying an additional 79,917 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Liberty Global by 4.4% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 77,003 shares of the company’s stock valued at $478,000 after acquiring an additional 3,234 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Liberty Global by 10.8% during 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 in the last quarter. Jane Street Group LLC grew its stake in shares of Liberty Global by 316.4% during the first quarter. Jane Street Group LLC now owns 153,799 shares of the company’s stock valued at $955,000 after purchasing an additional 116,861 shares during the last quarter. Finally, Legal & General Group Plc increased its holdings 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 valued at $985,000 after purchasing an additional 2,533 shares in the last quarter. Institutional investors own 52.98% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on LILAK shares. Wall Street Zen cut shares of Liberty Global from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Weiss Ratings reaffirmed 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 assigned a Sell rating to the company. Based on data from MarketBeat.com, Liberty Global has an average rating of “Reduce” and an average target price of $8.20.

Check Out Our Latest 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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