Liberty Global PLC (LBTYA) Director Buys $3,022,990.48 in Stock

Liberty Global PLC (NASDAQ:LBTYA) Director John C. Malone acquired 139,052 shares of the stock in a transaction dated Wednesday, July 5th. The shares were bought at an average cost of $21.74 per share, with a total value of $3,022,990.48. Following the completion of the transaction, the director now owns 761,816 shares of the company’s stock, valued at approximately $16,561,879.84. The purchase was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Liberty Global PLC (NASDAQ LBTYA) opened at 31.42 on Wednesday. The stock has a 50 day moving average price of $30.15 and a 200-day moving average price of $33.41. The firm has a market cap of $32.35 billion, a price-to-earnings ratio of 18.89 and a beta of 1.66. Liberty Global PLC has a 12-month low of $28.12 and a 12-month high of $37.69.

TRADEMARK VIOLATION WARNING: This story was originally posted by Markets Daily and is the sole property of of Markets Daily. If you are accessing this story on another website, it was illegally copied and reposted in violation of U.S. & international copyright & trademark legislation. The correct version of this story can be viewed at https://www.themarketsdaily.com/2017/07/12/liberty-global-plc-lbtya-director-buys-3022990-48-in-stock.html.

Hedge funds have recently made changes to their positions in the stock. Ameritas Investment Partners Inc. purchased a new position in shares of Liberty Global PLC during the first quarter valued at about $163,000. Everett Harris & Co. CA purchased a new position in shares of Liberty Global PLC during the first quarter valued at about $201,000. Waldron LP purchased a new position in shares of Liberty Global PLC during the first quarter valued at about $209,000. World Asset Management Inc purchased a new position in shares of Liberty Global PLC during the first quarter valued at about $218,000. Finally, Suntrust Banks Inc. purchased a new position in shares of Liberty Global PLC during the first quarter valued at about $222,000. 23.58% of the stock is currently owned by hedge funds and other institutional investors.

A number of equities analysts have recently commented on LBTYA shares. Macquarie reissued a “buy” rating and set a $42.00 price objective on shares of Liberty Global PLC in a research report on Tuesday, April 4th. Royal Bank Of Canada restated a “buy” rating and set a $42.00 target price on shares of Liberty Global PLC in a research note on Friday, May 5th. TheStreet cut Liberty Global PLC from a “b-” rating to a “c+” rating in a research note on Tuesday, May 9th. Zacks Investment Research upgraded Liberty Global PLC from a “hold” rating to a “buy” rating and set a $33.00 target price for the company in a research note on Tuesday, June 20th. Finally, Jefferies Group LLC boosted their target price on Liberty Global PLC from $42.00 to $43.00 and gave the stock a “buy” rating in a research note on Thursday, May 4th. Three analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $40.75.

Liberty Global PLC Company Profile

Liberty Global PLC, formerly Liberty Global, Inc, is an international cable company with operations in 14 countries. The Company’s tripleplay services are provided through networks and technology platforms that connect approximately 25 million customers subscribing to over 47 million television, broadband Internet and telephony services.

Receive News & Ratings for Liberty Global PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Liberty Global PLC and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply