Insider Buying: Liberty Global (NASDAQ:LILAK) Director Purchases $1,753,476.16 in Stock

Liberty Global PLC (NASDAQ:LILAK) Director John Malone acquired 103,328 shares of the business’s stock in a transaction dated Friday, August 7th. The stock was purchased at an average cost of $16.97 per share, with a total value of $1,753,476.16. Following the transaction, the director owned 1,335,377 shares of the company’s stock, valued at approximately $22,661,347.69. The trade was a 8.39% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Liberty Global Stock Performance

Shares of NASDAQ LILAK opened at $8.43 on Friday. Liberty Global PLC has a 1 year low of $4.76 and a 1 year high of $9.13. The firm’s 50 day moving average price is $7.48 and its 200 day moving average price is $7.88. The firm has a market cap of $1.70 billion, a P/E ratio of -17.20 and a beta of 0.71.

Liberty Global (NASDAQ:LILAK) last issued its quarterly earnings results on Wednesday, August 5th. The company reported ($0.13) earnings per share for the quarter, missing the consensus estimate of $0.02 by ($0.15). Liberty Global had a negative net margin of 2.20% and a negative return on equity of 8.50%. The business had revenue of $1.10 billion during the quarter, compared to analyst estimates of $1.09 billion.

Wall Street Analyst Weigh In

LILAK has been the topic of several recent analyst reports. Wall Street Zen downgraded Liberty Global from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Citigroup lifted their price target on Liberty Global from $8.00 to $9.00 and gave the company a “neutral” rating in a report on Thursday. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Liberty Global in a research note on Friday, July 17th. Two equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Liberty Global currently has an average rating of “Reduce” and a consensus price target of $8.60.

Institutional Trading of Liberty Global

Institutional investors and hedge funds have recently made changes to their positions in the company. EverSource Wealth Advisors LLC raised its position in shares of Liberty Global by 377.3% in the 1st quarter. EverSource Wealth Advisors LLC now owns 3,136 shares of the company’s stock worth $28,000 after buying an additional 2,479 shares during the period. Raymond James Financial Inc. purchased a new stake in Liberty Global during the second quarter valued at about $30,000. Headlands Technologies LLC raised its holdings in shares of Liberty Global by 85.9% in the 2nd quarter. Headlands Technologies LLC now owns 8,515 shares of the company’s stock worth $53,000 after purchasing an additional 3,934 shares during the period. Xponance LLC purchased a new position in shares of Liberty Global in the 4th quarter worth about $75,000. Finally, Tower Research Capital LLC TRC lifted its stake in shares of Liberty Global by 33.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 12,666 shares of the company’s stock valued at $79,000 after purchasing an additional 3,150 shares in the last quarter. 52.98% of the stock is currently owned by institutional investors and hedge funds.

Liberty Global News Roundup

Here are the key news stories impacting Liberty Global this week:

• Positive Sentiment: Director John C. Malone made multiple purchases totaling more than 50,000 shares at approximately $8.50 per share on August 11 and August 13. The buying increased his ownership and may signal confidence in Liberty Global’s valuation and prospects. SEC insider transaction filing
• Positive Sentiment: Citigroup raised its price target for LILAK from $8.00 to $9.00, implying additional upside from the recent trading level. However, the firm maintained a neutral rating, limiting the bullish impact. Benzinga analyst update
• Neutral Sentiment: Institutional ownership remains substantial at nearly 53%, with several smaller institutions recently increasing their positions. These purchases indicate some ongoing investor interest but are not large enough, individually, to materially change the investment case. Institutional ownership and insider activity report
• Negative Sentiment: Director Charles H. R. Bracken sold 42,975 shares at an average price of $8.57, worth approximately $368,000. Although a separate filing reported a purchase of 17,425 shares, the reported purchase price of $20.93 is unusual relative to the stock’s recent market price and may reflect a different security or reporting detail. SEC director transaction filing
• Negative Sentiment: Liberty Global’s latest quarterly results showed a loss of $0.13 per share, missing the $0.02 consensus estimate, despite revenue of $1.10 billion slightly exceeding expectations. The company also reported negative net margin and return on equity, reinforcing profitability concerns. Analysts’ average rating remains “Reduce,” with an average price target of $8.10.

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.