Insider Buying: Liberty Global (NASDAQ:LILAK) Director Acquires $239,861.50 in Stock

Liberty Global PLC (NASDAQ:LILAK) Director John Malone bought 28,219 shares of Liberty Global stock in a transaction dated Thursday, August 13th. The stock was acquired at an average cost of $8.50 per share, for a total transaction of $239,861.50. Following the purchase, the director directly owned 178,524 shares in the company, valued at approximately $1,517,454. The trade was a 18.77% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Liberty Global Price Performance

Shares of NASDAQ:LILAK opened at $8.49 on Friday. The stock has a market cap of $1.66 billion, a price-to-earnings ratio of -17.33 and a beta of 0.71. The company has a 50 day moving average of $7.50 and a 200-day moving average of $7.88. Liberty Global PLC has a one year low of $4.76 and a one year high of $9.13.

Liberty Global (NASDAQ:LILAK) last announced its quarterly earnings data 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.

Analyst Ratings Changes

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

Institutional Trading of Liberty Global

Several hedge funds have recently bought and sold shares of LILAK. Empowered Funds LLC boosted its holdings in shares of Liberty Global by 3.9% in the first quarter. Empowered Funds LLC now owns 796,975 shares of the company’s stock valued at $7,029,000 after buying an additional 29,933 shares during the period. Cim Investment Management Inc. increased its position in shares of Liberty Global by 142.3% during the first quarter. Cim Investment Management Inc. now owns 44,079 shares of the company’s stock worth $389,000 after acquiring an additional 25,885 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of Liberty Global by 26.7% during the first quarter. Bank of America Corp DE now owns 467,627 shares of the company’s stock worth $4,124,000 after acquiring an additional 98,507 shares during the period. EverSource Wealth Advisors LLC raised its holdings in shares of Liberty Global by 377.3% during the first quarter. EverSource Wealth Advisors LLC now owns 3,136 shares of the company’s stock worth $28,000 after acquiring an additional 2,479 shares during the period. Finally, Rubric Capital Management LP lifted its position in Liberty Global by 44.5% in the 1st quarter. Rubric Capital Management LP now owns 15,395,430 shares of the company’s stock valued at $135,788,000 after acquiring an additional 4,738,495 shares in the last quarter. 52.98% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Liberty Global

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

• Positive Sentiment: Director John C. Malone bought 28,219 shares at approximately $8.50 each on August 13, following a 22,477-share purchase on August 11. The transactions increased his direct holdings by 18.77% and 17.58%, respectively, signaling confidence in Liberty Global’s valuation and prospects. SEC insider buying filing
• Positive Sentiment: Citigroup raised its price target for LILAK from $8.00 to $9.00 while maintaining a “neutral” rating. The increase provides a modest valuation boost, although the unchanged rating suggests limited conviction in a stronger near-term rally. Benzinga analyst report
• Neutral Sentiment: Director Charles H. R. Bracken reportedly purchased 17,425 shares, increasing his position by 73.32%. However, the reported average price of $20.93 is substantially above the stock price cited in the other filings and may reflect a data or reporting anomaly. Investors should verify the underlying SEC filing before relying on this signal. SEC insider trading filing
• Negative Sentiment: Bracken also sold 42,975 shares at an average price of $8.57, worth approximately $368,296. This sale partially offsets the positive signal from Malone’s purchases, though it may have been for personal or transaction-related reasons rather than a change in outlook. SEC insider selling filing
• Negative Sentiment: Liberty Global’s latest quarterly results remain an overhang: the company reported a $0.13-per-share loss versus analysts’ expectation of $0.02 per share, despite revenue of $1.10 billion slightly exceeding the $1.09 billion consensus estimate. Negative net margin and return on equity also highlight continuing profitability concerns.

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.