Liberty Global (NASDAQ:LILAK) SVP Acquires $99,746.57 in Stock

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

Liberty Global Price Performance

Shares of LILAK stock traded up $0.16 on Tuesday, reaching $7.79. The company’s stock had a trading volume of 1,956,035 shares, compared to its average volume of 1,056,994. The stock’s fifty day simple moving average is $7.68 and its 200-day simple moving average is $7.85. Liberty Global PLC has a 1 year low of $4.76 and a 1 year high of $9.13. The company has a market capitalization of $1.57 billion, a price-to-earnings ratio of -3.14 and a beta of 0.71. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 6.78.

Liberty Global (NASDAQ:LILAK) last released its quarterly earnings data 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 net margin of 11.20% and a negative return on equity of 43.70%. The business had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $1.09 billion.

Hedge Funds Weigh In On Liberty Global

Large investors have recently made changes to their positions in the company. AQR Capital Management LLC raised its position in Liberty Global by 67.3% in the 1st quarter. AQR Capital Management LLC now owns 198,628 shares of the company’s stock worth $1,233,000 after purchasing an additional 79,917 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Liberty Global by 4.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 77,003 shares of the company’s stock valued at $478,000 after buying an additional 3,234 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake 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 valued at $2,280,000 after buying an additional 35,844 shares during the last quarter. Jane Street Group LLC raised its holdings in shares of Liberty Global by 316.4% in the first quarter. Jane Street Group LLC now owns 153,799 shares of the company’s stock worth $955,000 after buying an additional 116,861 shares during the period. Finally, Legal & General Group Plc raised 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 worth $985,000 after buying an additional 2,533 shares during the period. 52.98% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts have weighed in on LILAK shares. Wall Street Zen cut Liberty Global from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Liberty Global in a report on Tuesday, April 21st. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and an average target price of $8.20.

Liberty Global Company Profile

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.