J David Wargo Sells 30,000 Shares of Liberty Global Ltd. (NASDAQ:LBTYK) Stock

Liberty Global Ltd. (NASDAQ:LBTYK) Director J David Wargo sold 30,000 shares of Liberty Global stock in a transaction on Monday, April 15th. The stock was sold at an average price of $17.35, for a total transaction of $520,500.00. Following the transaction, the director now directly owns 159,632 shares in the company, valued at $2,769,615.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Liberty Global Trading Up 2.3 %

Shares of NASDAQ:LBTYK opened at $17.18 on Friday. Liberty Global Ltd. has a 12 month low of $16.26 and a 12 month high of $21.83. The company has a quick ratio of 1.30, a current ratio of 1.30 and a debt-to-equity ratio of 0.79. The company’s fifty day simple moving average is $18.16 and its 200 day simple moving average is $18.18. The firm has a market cap of $6.49 billion, a price-to-earnings ratio of -1.83 and a beta of 1.13.

Liberty Global (NASDAQ:LBTYK) last issued its quarterly earnings data on Thursday, February 15th. The company reported ($8.23) EPS for the quarter, missing analysts’ consensus estimates of ($0.26) by ($7.97). Liberty Global had a negative return on equity of 19.26% and a negative net margin of 54.08%. The company had revenue of $1.92 billion for the quarter.

Institutional Investors Weigh In On Liberty Global

Hedge funds and other institutional investors have recently made changes to their positions in the stock. UniSuper Management Pty Ltd acquired a new stake in Liberty Global in the 2nd quarter valued at $34,000. Pathstone Family Office LLC acquired a new stake in Liberty Global in the 4th quarter valued at $660,000. V Square Quantitative Management LLC increased its stake in Liberty Global by 64.4% in the 4th quarter. V Square Quantitative Management LLC now owns 2,550 shares of the company’s stock valued at $48,000 after buying an additional 999 shares during the last quarter. Bfsg LLC acquired a new stake in Liberty Global in the 4th quarter valued at $60,000. Finally, Amalgamated Bank increased its stake in Liberty Global by 18.4% in the 4th quarter. Amalgamated Bank now owns 3,236 shares of the company’s stock valued at $63,000 after buying an additional 502 shares during the last quarter. 46.10% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on LBTYK. StockNews.com cut shares of Liberty Global from a “hold” rating to a “sell” rating in a research report on Tuesday, March 5th. TheStreet raised shares of Liberty Global from a “d+” rating to a “c-” rating in a research report on Wednesday, January 24th.

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.