Liberty Global (NASDAQ:LBTYK) EVP Enrique Rodriguez Acquires 211,313 Shares of Stock

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

Liberty Global Trading Up 1.9%

Shares of Liberty Global stock opened at $9.52 on Friday. Liberty Global Ltd has a 12-month low of $7.32 and a 12-month high of $13.12. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 0.82. The stock has a market cap of $3.25 billion, a PE ratio of -1.29 and a beta of 1.00. The company has a 50-day moving average of $9.05 and a two-hundred day moving average of $10.70.

Liberty Global (NASDAQ:LBTYK) last posted its quarterly earnings results on Tuesday, November 3rd. The company reported $1.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.32) by $1.64. The company had revenue of $1.92 billion during the quarter, compared to the consensus estimate of $1.71 billion. Liberty Global had a negative net margin of 44.40% and a negative return on equity of 25.59%.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Wall Street Zen cut Liberty Global from a “hold” rating to a “sell” rating in a report on Saturday, August 8th. Weiss Ratings raised Liberty Global from a “sell (e+)” rating to a “sell (d-)” rating in a report on Friday, October 16th. One investment analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the company currently has an average rating of “Sell”.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Financiere des Professionnels Fonds d investissement inc. acquired a new stake in shares of Liberty Global during the 1st quarter worth about $42,000. Sterling Capital Management LLC purchased a new stake in shares of Liberty Global during the third quarter worth about $33,000. AlphaCore Capital LLC acquired a new position in shares of Liberty Global in the third quarter valued at approximately $37,000. Allworth Financial LP raised its position in shares of Liberty Global by 52.1% in the second quarter. Allworth Financial LP now owns 4,407 shares of the company’s stock valued at $48,000 after buying an additional 1,509 shares during the last quarter. Finally, Versant Capital Management Inc raised its position in shares of Liberty Global by 90.2% in the second quarter. Versant Capital Management Inc now owns 4,834 shares of the company’s stock valued at $53,000 after buying an additional 2,292 shares during the last quarter. 46.10% of the stock is owned by hedge funds and other institutional investors.

Liberty Global Company Profile

Liberty Global plc is an international telecommunications and media company that provides broadband, mobile, television and fixed-line communications services. Through its operating businesses and strategic investments, the company serves residential customers, businesses and public-sector organizations with connectivity, entertainment and communications solutions.

Liberty Global’s principal operating interests include Virgin Media O2, its joint venture with Telefónica in the United Kingdom; Sunrise in Switzerland; and Telenet in Belgium.