John Winter Purchases 5,071 Shares of Liberty Global (NASDAQ:LILAK) Stock

Liberty Global PLC (NASDAQ:LILAKGet Free Report) SVP John Winter acquired 5,071 shares of the firm’s stock in a transaction on Friday, June 26th. The shares were bought at an average cost of $19.67 per share, with a total value of $99,746.57. Following the completion of the acquisition, the senior vice president owned 64,547 shares in the company, valued at $1,269,639.49. This represents a 8.53% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink.

Liberty Global Stock Performance

LILAK opened at $7.89 on Thursday. The company has a 50-day moving average of $7.64 and a 200-day moving average of $7.84. The company has a market capitalization of $1.59 billion, a P/E ratio of -3.18 and a beta of 0.72. Liberty Global PLC has a 1-year low of $4.76 and a 1-year high of $9.13.

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

Wall Street Analyst Weigh In

A number of research analysts have commented on the company. Wall Street Zen downgraded Liberty Global from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Liberty Global in a report on Tuesday, April 21st. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Liberty Global presently has a consensus rating of “Reduce” and a consensus price target of $8.20.

Get Our Latest Analysis on LILAK

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. EverSource Wealth Advisors LLC grew its position in shares of Liberty Global by 377.3% during the 1st quarter. EverSource Wealth Advisors LLC now owns 3,136 shares of the company’s stock valued at $28,000 after buying an additional 2,479 shares during the last quarter. Raymond James Financial Inc. bought a new position in Liberty Global in the second quarter worth about $30,000. Headlands Technologies LLC boosted its stake in Liberty Global by 85.9% in the second quarter. Headlands Technologies LLC now owns 8,515 shares of the company’s stock valued at $53,000 after acquiring an additional 3,934 shares during the period. Xponance LLC acquired a new position in Liberty Global in the fourth quarter valued at approximately $75,000. Finally, Diversified Trust Co. bought a new position in shares of Liberty Global during the fourth quarter valued at approximately $78,000. 52.98% of the stock is owned by institutional investors and hedge funds.

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.

Further Reading

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

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