Liberty Global PLC (NASDAQ:LILAK – Get Free Report) Director John Malone acquired 21,013 shares of Liberty Global stock in a transaction that occurred on Wednesday, September 30th. The stock was bought at an average price of $8.98 per share, for a total transaction of $188,696.74. Following the completion of the acquisition, the director owned 1,412,175 shares in the company, valued at $12,681,331.50. This trade represents a 1.51% increase in their position. The transaction was disclosed in a filing with the SEC, which is available at this link.
Liberty Global Trading Up 1.0%
NASDAQ LILAK traded up $0.08 during trading hours on Thursday, reaching $8.30. The company had a trading volume of 1,032,770 shares, compared to its average volume of 1,173,576. The stock has a market capitalization of $1.63 billion, a P/E ratio of -16.94 and a beta of 0.71. The stock has a 50-day moving average of $8.41 and a 200 day moving average of $8.02. Liberty Global PLC has a 1-year low of $4.76 and a 1-year high of $9.13.
Liberty Global (NASDAQ:LILAK – Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The company reported ($0.13) earnings per share for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.15). Liberty Global had a negative net margin of 2.20% and a negative return on equity of 8.50%. The company had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.09 billion.
Institutional Inflows and Outflows
Analysts Set New Price Targets
A number of research analysts have commented on the company. Weiss Ratings restated a “sell (d-)” rating on shares of Liberty Global in a research note on Friday, July 17th. UBS Group assumed coverage on Liberty Global in a research note on Thursday, September 3rd. They issued a “neutral” rating and a $9.00 price objective for the company. Finally, Citigroup increased their target price on Liberty Global from $8.00 to $9.00 and gave the stock a “neutral” rating in a research note on Thursday, August 13th. Two equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Liberty Global has a consensus rating of “Reduce” and a consensus target price of $9.00.
Read Our Latest Stock Analysis on LILAK
Liberty Global Company Profile
Liberty Latin America Ltd. is a telecommunications company that provides communications and entertainment services across Latin America and the Caribbean. The company offers broadband internet, mobile and fixed-line voice services, video and pay-TV products, data connectivity, and business communications solutions to residential, business and government customers.
Liberty Latin America operates through brands that include Liberty, Flow, VTR and Cable & Wireless, serving markets such as Puerto Rico, Chile, Panama, Costa Rica, the Caribbean and other Latin American territories.
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