12,260 Shares in Liberty Global Ltd $LBTYK Bought by Optas LLC

Optas LLC purchased a new position in shares of Liberty Global Ltd (NASDAQ:LBTYK) in the 2nd quarter, Holdings Channel.com reports. The institutional investor purchased 12,260 shares of the company’s stock, valued at approximately $126,000.

Several other institutional investors have also bought and sold shares of LBTYK. Jones Financial Companies Lllp grew its holdings in Liberty Global by 76,160.0% during the first quarter. Jones Financial Companies Lllp now owns 3,813 shares of the company’s stock worth $46,000 after buying an additional 3,808 shares in the last quarter. Summit Securities Group LLC purchased a new position in Liberty Global in the first quarter worth $67,000. GAMMA Investing LLC boosted its position in Liberty Global by 1,176.4% in the first quarter. GAMMA Investing LLC now owns 6,548 shares of the company’s stock worth $78,000 after purchasing an additional 6,035 shares during the last quarter. CWM LLC boosted its position in Liberty Global by 19.1% in the first quarter. CWM LLC now owns 7,190 shares of the company’s stock worth $86,000 after purchasing an additional 1,155 shares during the last quarter. Finally, Parallel Advisors LLC boosted its position in Liberty Global by 77.4% in the second quarter. Parallel Advisors LLC now owns 9,060 shares of the company’s stock worth $93,000 after purchasing an additional 3,953 shares during the last quarter. Institutional investors own 46.10% of the company’s stock.

Liberty Global Stock Down 2.8%

Shares of NASDAQ LBTYK opened at $10.61 on Friday. Liberty Global Ltd has a one year low of $9.21 and a one year high of $22.10. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.02 and a quick ratio of 1.02. The business’s fifty day moving average price is $11.66 and its 200-day moving average price is $10.85. The stock has a market capitalization of $3.62 billion, a PE ratio of -1.09 and a beta of 1.08.

Liberty Global (NASDAQ:LBTYK) last issued its quarterly earnings results on Friday, August 1st. The company reported ($8.09) EPS for the quarter, missing analysts’ consensus estimates of ($0.44) by ($7.65). Liberty Global had a negative net margin of 60.38% and a negative return on equity of 22.64%. The firm had revenue of $1.27 billion for the quarter, compared to analysts’ expectations of $1.22 billion.

Insider Activity

In other news, Director Miranda Curtis sold 42,600 shares of the company’s stock in a transaction on Monday, August 25th. The stock was sold at an average price of $11.77, for a total transaction of $501,402.00. Following the transaction, the director owned 129,305 shares of the company’s stock, valued at $1,521,919.85. This represents a 24.78% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Charles H. R. Bracken sold 60,000 shares of the company’s stock in a transaction on Wednesday, August 20th. The shares were sold at an average price of $11.31, for a total value of $678,600.00. Following the transaction, the chief financial officer directly owned 33,220 shares in the company, valued at $375,718.20. This represents a 64.36% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 136,980 shares of company stock valued at $1,577,091 in the last 90 days. Insiders own 9.86% of the company’s stock.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Liberty Global in a research report on Wednesday. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Liberty Global has an average rating of “Sell”.

Liberty Global Company Profile

Liberty Global Ltd., together with its subsidiaries, provides broadband internet, video, fixed-line telephony, and mobile communications services to residential and business customers. It offers value-added broadband services, such as WiFi features, security, anti-virus, firewall, spam protection, smart home services, online storage solutions, and web spaces; and Connect Box that delivers in-home Wi-Fi service.