Liberty Global (NASDAQ:LBTYA) EVP Enrique Rodriguez Purchases 211,313 Shares of Company Stock

Liberty Global Ltd (NASDAQ:LBTYA) EVP Enrique Rodriguez acquired 211,313 shares of the firm’s stock in a transaction on Wednesday, November 4th. The stock was bought at an average price of $9.45 per share, with a total value of $1,996,907.85. Following the purchase, the executive vice president directly owned 602,378 shares of the company’s stock, valued at $5,692,472.10. This represents a 54.04% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Liberty Global Stock Performance

Shares of LBTYA stock traded up $0.12 during mid-day trading on Thursday, hitting $9.70. 1,519,094 shares of the stock were exchanged, compared to its average volume of 2,724,727. The stock’s fifty day simple moving average is $9.26 and its two-hundred day simple moving average is $10.98. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.28 and a current ratio of 1.28. Liberty Global Ltd has a 12-month low of $7.36 and a 12-month high of $13.52. The stock has a market capitalization of $3.31 billion, a price-to-earnings ratio of -1.31 and a beta of 1.06.

Liberty Global (NASDAQ:LBTYA) last posted its earnings results on Tuesday, November 3rd. The company reported $1.32 earnings per share for the quarter, beating the consensus estimate of ($0.32) by $1.64. The business had revenue of $1.92 billion during the quarter, compared to the consensus estimate of $1.71 billion. Liberty Global had a negative return on equity of 25.59% and a negative net margin of 44.40%. On average, analysts forecast that Liberty Global Ltd will post -1.47 EPS for the current year.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the company. New Street Research upgraded Liberty Global from a “hold” rating to a “buy” rating and set a $14.00 price objective for the company in a research note on Tuesday, October 20th. Barclays cut their target price on shares of Liberty Global from $10.00 to $7.00 and set an “equal weight” rating on the stock in a report on Tuesday, October 20th. Wall Street Zen upgraded shares of Liberty Global to a “sell” rating in a research report on Saturday, October 17th. UBS Group decreased their price target on shares of Liberty Global from $12.10 to $11.90 and set a “neutral” rating for the company in a research note on Tuesday, August 4th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Liberty Global in a research report on Thursday, October 29th. Two equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Liberty Global presently has a consensus rating of “Hold” and a consensus target price of $12.78.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. Simplex Trading LLC purchased a new stake in shares of Liberty Global during the third quarter worth approximately $804,000. AlphaCore Capital LLC purchased a new position in Liberty Global in the 3rd quarter valued at $127,000. Chicago Partners Investment Group LLC purchased a new position in Liberty Global in the 3rd quarter valued at $105,000. Asset Management One Co. Ltd. increased its stake in Liberty Global by 1,011.5% in the 3rd quarter. Asset Management One Co. Ltd. now owns 19,040 shares of the company’s stock valued at $174,000 after buying an additional 17,327 shares during the period. Finally, Seven Mile Advisory acquired a new position in Liberty Global in the 3rd quarter valued at $198,000. 37.20% of the stock is currently owned by hedge funds and other institutional investors.

About Liberty Global

Liberty Global plc is an international telecommunications and media company that invests in and operates broadband, mobile, fixed-line, video and related digital services. Its offerings generally include high-speed internet, television, telephony, mobile connectivity and business communications services for residential and enterprise customers.

The company has operations and strategic investments across Europe. Its portfolio includes Sunrise in Switzerland and Telenet in Belgium, as well as 50% interests in Virgin Media O2 in the United Kingdom, a joint venture with Telefónica, and VodafoneZiggo in the Netherlands, a joint venture with Vodafone.