Liberty Global (NASDAQ:LILAK) CAO Brian Zook Sells 94,494 Shares

Liberty Global PLC (NASDAQ:LILAK) CAO Brian Zook sold 94,494 shares of Liberty Global stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $8.04, for a total value of $759,731.76. Following the completion of the sale, the chief accounting officer directly owned 6,813 shares in the company, valued at $54,776.52. This represents a 93.27% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Liberty Global Stock Up 0.6%

LILAK stock opened at $8.17 on Wednesday. The company has a debt-to-equity ratio of 6.78, a current ratio of 1.14 and a quick ratio of 1.14. The stock has a market capitalization of $1.64 billion, a P/E ratio of -2.67 and a beta of 0.99. Liberty Global PLC has a fifty-two week low of $4.23 and a fifty-two week high of $9.13. The business has a 50-day moving average of $7.70 and a 200-day moving average of $8.04.

Liberty Global (NASDAQ:LILAK) last released its earnings results on Wednesday, February 18th. The company reported ($0.27) EPS for the quarter, missing the consensus estimate of $0.10 by ($0.37). Liberty Global had a negative net margin of 13.76% and a negative return on equity of 48.22%. The firm had revenue of $1.16 billion during the quarter, compared to the consensus estimate of $1.10 billion.

Institutional Trading of Liberty Global

A number of large investors have recently added to or reduced their stakes in LILAK. AQR Capital Management LLC increased its stake in shares of Liberty Global by 67.3% during 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 last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in 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 worth $478,000 after purchasing an additional 3,234 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in 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 worth $2,280,000 after buying an additional 35,844 shares during the last quarter. Jane Street Group LLC raised its stake in Liberty Global by 316.4% in the first quarter. Jane Street Group LLC now owns 153,799 shares of the company’s stock valued at $955,000 after buying an additional 116,861 shares during the period. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in Liberty Global in the second quarter valued at approximately $132,000. Institutional investors and hedge funds own 52.98% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently weighed in on LILAK. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Liberty Global in a research report on Thursday, January 22nd. Wall Street Zen upgraded Liberty Global from a “hold” rating to a “buy” rating in a report on Saturday. One research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Reduce” and an average price target of $8.20.

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.