Liberty Global (NASDAQ:LILAK) SVP Acquires $99,746.57 in Stock

Liberty Global PLC (NASDAQ:LILAK) SVP John Winter acquired 5,071 shares of the business’s stock in a transaction that occurred on Friday, June 26th. The stock was bought at an average cost of $19.67 per share, for a total transaction of $99,746.57. Following the completion of the purchase, the senior vice president owned 64,547 shares of the company’s stock, valued at $1,269,639.49. This trade represents a 8.53% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Liberty Global Stock Down 3.3%

Shares of NASDAQ LILAK opened at $7.63 on Friday. Liberty Global PLC has a twelve month low of $4.76 and a twelve month high of $9.13. The firm has a fifty day simple moving average of $7.62 and a 200 day simple moving average of $7.84. The company has a market capitalization of $1.54 billion, a PE ratio of -3.08 and a beta of 0.72.

Liberty Global (NASDAQ:LILAK) last posted its quarterly earnings data on Thursday, May 7th. The company reported ($0.11) earnings per share for the quarter, missing the consensus estimate of $0.04 by ($0.15). The business had revenue of $1.08 billion during the quarter, compared to the consensus estimate of $1.09 billion. Liberty Global had a negative return on equity of 43.70% and a negative net margin of 11.20%.

Institutional Trading of Liberty Global

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC lifted its holdings in shares of Liberty Global by 377.3% in 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 during the 2nd quarter valued at $30,000. Headlands Technologies LLC lifted its stake in Liberty Global by 85.9% during the 2nd quarter. Headlands Technologies LLC now owns 8,515 shares of the company’s stock valued at $53,000 after acquiring an additional 3,934 shares in the last quarter. Xponance LLC purchased a new position in Liberty Global during the 4th quarter worth $75,000. Finally, Diversified Trust Co. purchased a new position in Liberty Global during the 4th quarter worth $78,000. 52.98% of the stock is owned by institutional investors.

Analyst Ratings Changes

LILAK has been the topic of a number of research analyst reports. Weiss Ratings restated a “sell (d-)” rating on shares of Liberty Global in a report on Tuesday, April 21st. Wall Street Zen downgraded shares of Liberty Global from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. One research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Liberty Global has an average rating of “Reduce” and an average target price of $8.20.

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.