Liberty Global Sees Unusually High Options Volume (NASDAQ:LBTYA)

Liberty Global Ltd (NASDAQ:LBTYAGet Free Report) saw unusually large options trading activity on Tuesday. Stock traders purchased 5,030 call options on the stock. This represents an increase of 264% compared to the average daily volume of 1,383 call options.

Wall Street Analyst Weigh In

Several research analysts have commented on LBTYA shares. UBS Group reissued a “neutral” rating on shares of Liberty Global in a research report on Tuesday. Pivotal Research reiterated a “buy” rating and set a $18.00 price objective on shares of Liberty Global in a research note on Monday, May 4th. Zacks Research raised shares of Liberty Global from a “strong sell” rating to a “hold” rating in a research note on Monday, April 27th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Liberty Global in a research note on Friday. One investment analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $14.37.

Get Our Latest Analysis on Liberty Global

Insider Activity

In other news, Director J David Wargo sold 55,000 shares of the firm’s stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $11.54, for a total value of $634,700.00. Following the transaction, the director owned 53,876 shares of the company’s stock, valued at approximately $621,729.04. This trade represents a 50.52% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 4.34% of the stock is owned by insiders.

Hedge Funds Weigh In On Liberty Global

A number of hedge funds have recently added to or reduced their stakes in the business. Quarry LP acquired a new stake in shares of Liberty Global during the third quarter worth $27,000. EverSource Wealth Advisors LLC raised its stake in Liberty Global by 79.5% during the second quarter. EverSource Wealth Advisors LLC now owns 2,795 shares of the company’s stock worth $28,000 after acquiring an additional 1,238 shares during the period. Headlands Technologies LLC bought a new position in Liberty Global in the second quarter worth about $47,000. Cubist Systematic Strategies LLC bought a new position in shares of Liberty Global during the first quarter valued at approximately $64,000. Finally, IFP Advisors Inc raised its position in shares of Liberty Global by 128.8% during the 4th quarter. IFP Advisors Inc now owns 5,640 shares of the company’s stock worth $63,000 after purchasing an additional 3,175 shares during the period. Institutional investors and hedge funds own 37.20% of the company’s stock.

Liberty Global Stock Down 0.1%

NASDAQ LBTYA traded down $0.01 during trading hours on Tuesday, reaching $10.87. 515,452 shares of the company traded hands, compared to its average volume of 2,409,569. The stock has a market capitalization of $3.71 billion, a PE ratio of -1.21 and a beta of 0.93. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 0.82. Liberty Global has a 12 month low of $9.43 and a 12 month high of $13.52. The company has a 50 day moving average of $11.19 and a two-hundred day moving average of $11.63.

Liberty Global (NASDAQ:LBTYAGet Free Report) last issued its quarterly earnings results on Friday, July 24th. The company reported ($1.07) EPS for the quarter, missing the consensus estimate of ($0.48) by ($0.59). The company had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.34 billion. Liberty Global had a negative return on equity of 28.83% and a negative net margin of 62.12%. As a group, equities analysts expect that Liberty Global will post -1.46 earnings per share for the current year.

About Liberty Global

(Get Free Report)

Liberty Global plc operates as a leading international telecommunications and television company, offering a wide array of broadband internet, digital cable television, fixed-line telephony and mobile services. Through its extensive fiber and hybrid-fiber coaxial networks, the company delivers high-speed internet connectivity, video on demand and interactive television platforms to residential and business customers. Its service portfolio includes digital voice, managed Wi-Fi solutions, home security and converged connectivity bundles designed to meet evolving consumer and enterprise demands.

The company’s footprint spans key European markets, including the United Kingdom and Ireland under the Virgin Media brand, the Netherlands through Ziggo, Belgium via Telenet, and operations in Switzerland, Germany, Austria, Poland and Luxembourg.

See Also

Receive News & Ratings for Liberty Global Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Liberty Global and related companies with MarketBeat.com's FREE daily email newsletter.