Angoitia Alfonso De Acquires 17,596 Shares of Liberty Global (NASDAQ:LILAK) Stock

Liberty Global PLC (NASDAQ:LILAK) Director Angoitia Alfonso De bought 17,596 shares of Liberty Global stock in a transaction on Tuesday, September 1st. The stock was acquired at an average price of $20.65 per share, for a total transaction of $363,357.40. Following the purchase, the director owned 163,086 shares of the company’s stock, valued at approximately $3,367,725.90. This trade represents a 12.09% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Angoitia Alfonso De also recently made the following trade(s):

• On Wednesday, September 2nd, Angoitia Alfonso De bought 313,104 shares of Liberty Global stock. The shares were acquired at an average price of $20.95 per share, with a total value of $6,559,528.80.
• On Monday, August 31st, Angoitia Alfonso De bought 145,490 shares of Liberty Global stock. The shares were bought at an average cost of $21.00 per share, with a total value of $3,055,290.00.

Liberty Global Trading Down 2.6%

NASDAQ LILAK opened at $8.45 on Friday. The company’s 50-day moving average price is $8.00 and its 200-day moving average price is $7.94. The stock has a market cap of $1.66 billion, a PE ratio of -17.24 and a beta of 0.71. Liberty Global PLC has a 12 month low of $4.76 and a 12 month high of $9.13.

Liberty Global (NASDAQ:LILAK) last posted its quarterly earnings results on Wednesday, August 5th. The company reported ($0.13) EPS for the quarter, missing the consensus estimate of $0.02 by ($0.15). Liberty Global had a negative return on equity of 8.50% and a negative net margin of 2.20%.The company had revenue of $1.10 billion during the quarter, compared to analysts’ expectations of $1.09 billion.

Institutional Investors Weigh In On Liberty Global

Several large investors have recently modified their holdings of LILAK. EverSource Wealth Advisors LLC boosted its stake in shares of Liberty Global by 377.3% during the first quarter. EverSource Wealth Advisors LLC now owns 3,136 shares of the company’s stock valued at $28,000 after purchasing an additional 2,479 shares in the last quarter. Raymond James Financial Inc. bought a new position in Liberty Global in the second quarter worth approximately $30,000. Headlands Technologies LLC lifted its holdings in Liberty Global by 85.9% during the second quarter. Headlands Technologies LLC now owns 8,515 shares of the company’s stock worth $53,000 after buying an additional 3,934 shares during the period. Xponance LLC bought a new stake in Liberty Global during the 4th quarter valued at $75,000. Finally, CIBC Asset Management Inc purchased a new position in shares of Liberty Global in the 4th quarter valued at $84,000. Institutional investors own 52.98% of the company’s stock.

Wall Street Analyst Weigh In

LILAK has been the subject of several research analyst reports. Wall Street Zen downgraded shares of Liberty Global from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. UBS Group started coverage on Liberty Global in a research note on Thursday. They issued a “neutral” rating and a $9.00 price objective on the stock. Weiss Ratings restated a “sell (d-)” rating on shares of Liberty Global in a report on Friday, July 17th. Finally, Citigroup lifted their target price on Liberty Global from $8.00 to $9.00 and gave the company a “neutral” rating in a research report on Thursday, August 13th. Two equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Liberty Global currently has an average rating of “Reduce” and a consensus price target of $9.00.

Liberty Global News Summary

Here are the key news stories impacting Liberty Global this week:

• Positive Sentiment: UBS Group upgraded Liberty Global to “hold” and set a $9.00 price target, suggesting the firm sees the stock as fairly valued with modest potential upside from recent levels. Liberty Latin America stock gains attention as UBS sets 9 USD target
• Positive Sentiment: Director Angoitia Alfonso De made sizable open-market purchases totaling 476,190 shares across August 31 and September 2, including 313,104 shares acquired for approximately $6.56 million. The buying substantially increased his direct ownership and may signal confidence in Liberty Global’s valuation and prospects. Insider Buying: Liberty Global Director Buys Shares
• Neutral Sentiment: Liberty Global trades near the upper portion of its 52-week range, while its 50-day and 200-day moving averages remain near $8.00 and $7.94, respectively. The UBS target and Citigroup’s prior $9.00 target imply relatively limited near-term appreciation potential.
• Negative Sentiment: The company’s latest quarterly results showed a loss of $0.13 per share, missing the $0.02 consensus estimate by $0.15, although revenue of $1.10 billion slightly exceeded expectations. Liberty Global continues to report negative net margin and return on equity, reinforcing profitability concerns.
• Negative Sentiment: Analyst sentiment remains cautious: Liberty Global has an overall “Reduce” consensus rating, with two Hold ratings and one Sell rating and an average price target of $9.00. This may limit the impact of the UBS upgrade.

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.