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

Liberty Global Ltd. (NASDAQ:LBTYK) Director J David Wargo sold 30,000 shares of the firm’s stock in a transaction dated Monday, April 15th. The shares were sold at an average price of $17.35, for a total transaction of $520,500.00. Following the transaction, the director now owns 159,632 shares of the company’s stock, valued at approximately $2,769,615.20. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Liberty Global Stock Down 0.7 %

LBTYK stock opened at $16.79 on Thursday. The company has a quick ratio of 1.30, a current ratio of 1.30 and a debt-to-equity ratio of 0.79. Liberty Global Ltd. has a one year low of $16.26 and a one year high of $21.83. The firm has a 50-day moving average of $18.22 and a two-hundred day moving average of $18.19.

Liberty Global (NASDAQ:LBTYK) last posted 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). The firm had revenue of $1.92 billion for the quarter. Liberty Global had a negative net margin of 54.08% and a negative return on equity of 19.26%.

Institutional Trading of Liberty Global

Hedge funds have recently made changes to their positions in the stock. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. lifted its position in shares of Liberty Global by 32.2% in the third quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 115,527 shares of the company’s stock worth $2,144,000 after purchasing an additional 28,167 shares in the last quarter. Lancaster Investment Management acquired a new position in Liberty Global in the fourth quarter worth approximately $2,185,000. Mackenzie Financial Corp increased its holdings in Liberty Global by 179.2% in the third quarter. Mackenzie Financial Corp now owns 884,793 shares of the company’s stock worth $15,634,000 after buying an additional 567,880 shares during the last quarter. Northern Trust Corp increased its holdings in Liberty Global by 8.5% in the third quarter. Northern Trust Corp now owns 1,307,407 shares of the company’s stock worth $24,265,000 after buying an additional 102,038 shares during the last quarter. Finally, IFM Investors Pty Ltd acquired a new position in Liberty Global in the fourth quarter worth approximately $1,030,000. 46.10% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

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

Liberty Global Company Profile

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.