Insider Buying: Liberty Latin America Ltd. (NASDAQ:LILA) Director Purchases 35,475 Shares of Stock

Liberty Latin America Ltd. (NASDAQ:LILA) Director Brendan J. Paddick purchased 35,475 shares of the business’s stock in a transaction on Tuesday, November 26th. The stock was purchased at an average cost of $7.04 per share, with a total value of $249,744.00. Following the completion of the acquisition, the director now owns 1,273,443 shares in the company, valued at approximately $8,965,038.72. This trade represents a 2.87 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website.

Liberty Latin America Price Performance

Shares of NASDAQ LILA traded down $0.10 during mid-day trading on Friday, reaching $6.96. 143,135 shares of the company were exchanged, compared to its average volume of 368,682. Liberty Latin America Ltd. has a 52 week low of $5.90 and a 52 week high of $10.81. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 4.31. The stock has a market capitalization of $1.37 billion, a PE ratio of -2.41 and a beta of 1.12. The company’s 50 day moving average price is $8.90 and its 200 day moving average price is $9.15.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group downgraded shares of Liberty Latin America from a “strong-buy” rating to a “hold” rating in a report on Wednesday, September 4th.

Institutional Trading of Liberty Latin America

A number of hedge funds have recently made changes to their positions in the stock. Intech Investment Management LLC bought a new stake in Liberty Latin America in the third quarter worth $104,000. SG Americas Securities LLC bought a new stake in Liberty Latin America in the third quarter worth $120,000. Ground Swell Capital LLC bought a new stake in Liberty Latin America in the second quarter worth $122,000. DekaBank Deutsche Girozentrale lifted its stake in Liberty Latin America by 304.6% in the first quarter. DekaBank Deutsche Girozentrale now owns 21,539 shares of the company’s stock worth $149,000 after purchasing an additional 16,215 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB bought a new stake in Liberty Latin America in the third quarter worth $163,000. 18.48% of the stock is owned by institutional investors.

About Liberty Latin America

Liberty Latin America Ltd., together with its subsidiaries, provides fixed, mobile, and subsea telecommunications services. The company operates through C&W Caribbean, C&W Panama, Liberty Networks, Liberty Puerto Rico, and Liberty Costa Rico segments. It offers communications and entertainment services, including video, broadband internet, fixed-line, telephony, and mobiles services to residential and business customers; and business products and services that include enterprise-grade connectivity, data center, hosting, and managed solutions, as well as information technology solutions for small and medium enterprises, international companies, and governmental agencies.