Liberty Global (NASDAQ:LBTYA) CFO Sells $371,399.60 in Stock

Liberty Global Ltd (NASDAQ:LBTYA) CFO Charles Bracken sold 33,220 shares of the business’s stock in a transaction that occurred on Monday, December 8th. The stock was sold at an average price of $11.18, for a total value of $371,399.60. The sale was disclosed in a filing with the SEC, which is available through this link.

Liberty Global Price Performance

NASDAQ:LBTYA opened at $11.25 on Friday. The firm has a market capitalization of $3.79 billion, a price-to-earnings ratio of -1.85 and a beta of 1.05. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.96 and a quick ratio of 0.96. The business has a 50 day simple moving average of $11.02 and a 200-day simple moving average of $10.81. Liberty Global Ltd has a 1 year low of $9.02 and a 1 year high of $13.17.

Liberty Global (NASDAQ:LBTYA) last released its quarterly earnings results on Thursday, October 30th. The company reported ($0.27) earnings per share for the quarter, missing the consensus estimate of $1.45 by ($1.72). The company had revenue of $1.21 billion for the quarter, compared to analysts’ expectations of $1.23 billion. Liberty Global had a negative net margin of 41.44% and a negative return on equity of 14.71%. Equities analysts forecast that Liberty Global Ltd will post -1.35 EPS for the current year.

Hedge Funds Weigh In On Liberty Global

A number of hedge funds have recently added to or reduced their stakes in the stock. Jump Financial LLC bought a new stake in Liberty Global during the 1st quarter valued at $3,586,000. Wellington Management Group LLP purchased a new position in shares of Liberty Global during the first quarter valued at $737,000. Contour Asset Management LLC raised its holdings in shares of Liberty Global by 64.4% in the first quarter. Contour Asset Management LLC now owns 3,314,529 shares of the company’s stock valued at $38,150,000 after acquiring an additional 1,298,047 shares in the last quarter. Dynamic Technology Lab Private Ltd purchased a new stake in Liberty Global in the first quarter worth about $652,000. Finally, Townsquare Capital LLC purchased a new stake in Liberty Global in the first quarter worth about $763,000. 37.20% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. Weiss Ratings restated a “sell (d-)” rating on shares of Liberty Global in a report on Wednesday, October 8th. Citigroup increased their price objective on shares of Liberty Global from $11.00 to $13.00 and gave the stock a “neutral” rating in a research report on Tuesday, December 2nd. Zacks Research upgraded Liberty Global to a “hold” rating in a research report on Wednesday, September 3rd. Finally, UBS Group increased their price target on Liberty Global from $11.80 to $12.60 and gave the stock a “neutral” rating in a report on Wednesday, December 3rd. Two equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Liberty Global currently has a consensus rating of “Hold” and an average price target of $15.00.

About Liberty Global

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.