Liberty Global PLC (NASDAQ:LILAK – Get Free Report) Director Angoitia Alfonso De bought 145,490 shares of the firm’s stock in a transaction that occurred on Monday, August 31st. The stock was purchased at an average price of $21.00 per share, for a total transaction of $3,055,290.00. Following the completion of the transaction, the director directly owned 145,490 shares of the company’s stock, valued at $3,055,290. This represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website.
Angoitia Alfonso De also recently made the following trade(s):
- On Wednesday, September 2nd, Angoitia Alfonso De acquired 313,104 shares of Liberty Global stock. The shares were bought at an average cost of $20.95 per share, for a total transaction of $6,559,528.80.
- On Tuesday, September 1st, Angoitia Alfonso De bought 17,596 shares of Liberty Global stock. The stock was purchased at an average price of $20.65 per share, with a total value of $363,357.40.
Liberty Global Stock Down 2.6%
NASDAQ:LILAK traded down $0.23 during mid-day trading on Friday, hitting $8.45. 987,912 shares of the stock traded hands, compared to its average volume of 1,375,265. The stock has a market capitalization of $1.66 billion, a price-to-earnings ratio of -17.24 and a beta of 0.71. Liberty Global PLC has a 52 week low of $4.76 and a 52 week high of $9.13. The firm’s 50 day moving average is $8.00 and its two-hundred day moving average is $7.94.
Institutional Investors Weigh In On Liberty Global
A number of hedge funds have recently bought and sold shares of the stock. EverSource Wealth Advisors LLC increased its holdings in Liberty Global by 377.3% in the first 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. purchased a new stake in Liberty Global in the second quarter valued at approximately $30,000. Headlands Technologies LLC lifted 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 buying an additional 3,934 shares during the last quarter. Xponance LLC acquired a new stake in shares of Liberty Global during the fourth quarter worth about $75,000. Finally, CIBC Asset Management Inc purchased a new position in shares of Liberty Global during the fourth quarter worth about $84,000. Institutional investors and hedge funds own 52.98% of the company’s stock.
Analyst Upgrades and Downgrades
A number of research firms recently commented on LILAK. Citigroup increased their target price on shares of Liberty Global from $8.00 to $9.00 and gave the company a “neutral” rating in a research report on Thursday, August 13th. UBS Group initiated coverage on Liberty Global in a research report on Thursday. They set a “neutral” rating and a $9.00 target price on the stock. Wall Street Zen downgraded shares of Liberty Global from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Liberty Global in a research report on Friday, July 17th. Two analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Reduce” and a consensus target price of $9.00.
View Our Latest Analysis on Liberty Global
About Liberty Global
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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